Mocaverse is expanding its Moca ID ecosystem through partnerships with OKX, DeFi Wallet, and Halo Wallet.

This membership initiative is spearheaded by Animoca Brands. Mocaverse The partnership was revealed, focusing on self-custodied Web3 wallets like OKX, Crypto.com, and KuCoin. The goal of this collaboration is to bridge centralized finance with the on-chain cultural economy. Activations and marketing strategies with these partners are set to roll out in the first quarter of 2024. OKX Wallet , DeFi Wallet from Crypto.com, and KuCoin’s Halo Wallet Through its newly launched decentralized identity (DID) platform, Moca ID, Mocaverse aims to encourage user growth by allowing wallet compatibility.

This innovative platform serves as the gateway for users, enabling seamless participation in various Web3 cultural activities like PointFi, GameFi, and SocialFi, while also streamlining the onboarding procedure into the Mocaverse ecosystem.

Soon, wallet users will have the opportunity to obtain their individual Moca IDs within supported applications, granting them entry into the Mocaverse ecosystem to explore an array of cultural and entertainment options.

In addition, Moca ID holders can earn Realm Points by actively engaging with partner ecosystems and experiences. These accumulated points can be redeemed for unique privileges and rewards from Mocaverse.

Jason Lau, Chief Innovation Officer at OKX, stated that the collaboration with Mocaverse will enhance user experience and interoperability for wallet users as they embrace Moca ID. Animoca Brands , according to the written statement. 

Eric Anziani, president and COO of Crypto.com, emphasized, \"Our goal has always been to democratize access to DeFi and Web3. This partnership will bring even more users into these exciting spaces.\" OKX According to Jeff Hou, CEO of Halo Wallet, \"Halo will provide exclusive perks for Moca ID and Mocaverse holders within the SocialFi domain. We are partners committed to this long-term journey together.\"

Animoca Brands is redefining the Web3 community landscape with Mocaverse.

The objective of Mocaverse is to integrate the various projects and collaborations under Animoca Brands through a distinctive approach, including a collection of 8,888 \"Mocas\"—NFT profile pictures serving as membership passes for team members, investors, and token holders. Mocaverse aims to unify the Web3 community by fostering shared values and purposes, allowing holders to exchange knowledge, interact, play games, and actively contribute to the evolution of Web3.

Recently, Animoca Brands successfully completed its second funding round, boosting the development of Mocaverse and aiming to establish it as a digital identity, reputation, and loyalty network for decentralized organizations. This funding increased the project's total investment to $31.88 million after the previous funding round announced earlier in the year.

Animoca Brands CEO Robby Yung indicated that the company plans to prioritize the development of Mocaverse in 2024, creating an inclusive and empowering environment for content creators from various fields. NFT collection Mocaverse's recent strategy represents a pivotal advancement for the initiative, reinforcing the synergy between centralized finance and the cultural economy operating on-chain.

Please be aware that the information on this page should not be interpreted as legal, tax, investment, financial, or similar advice. Always invest only what you can afford to lose and seek independent financial counsel if you have any uncertainties. For more details, we recommend you check the terms and conditions as well as help resources provided by the issuer or advertiser. MetaversePost strives for accurate and impartial reporting, but be aware that market conditions can evolve rapidly without advance notice. securing $11.88 million Alisa is a passionate journalist at Cryptocurrencylistings, focusing on cryptocurrency, zero-knowledge proofs, investments, and the broad field of Web3. With a knack for spotting emerging trends and innovations, she offers detailed insights to engage and inform her audience in the fast-changing domain of digital finance.

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