KEY POINTS
Animoca Brands has disclosed a collaboration with CoinList to introduce a token launch platform specifically tailored for the Mocaverse non-fungible token (NFT) community.
Dubbed “MocaList,” the platform is set to kick off this month with the debut of the Mocaverse’s inaugural token sale — MOCA Coin — offering guaranteed and priority access to Moca NFT and Moca ID holders.
This new launchpad will facilitate participation from both Mocaverse and CoinList communities in various exclusive token sales.
The initiative’s goal is to generate robust network effects by capitalizing on CoinList’s community of 11 million early adopters and Mocaverse’s extensive reach, with over 400 Animoca Brands portfolio companies and more than 1 million Moca ID accounts.
Animoca Brands introduced its Mocaverse initiative in 2022, comprising 8,888 PFP NFTs with utilities. Within 48 hours of its launch, the collection minting generated a volume exceeding $5.6 million.
Subsequently, Animoca Brands expanded the project through a partnership with Rarible to establish a marketplace dedicated to Mocaverse NFTs. In September 2023, the company secured $20 million in funding, spearheaded by CMCC Global, to propel the project forward.
Recently, the company bolstered Mocaverse by collaborating with leading crypto wallets such as OKX, Crypto.com, and Halo, broadening user accessibility to its NFT ecosystem and tangible rewards. Additionally, it ventured into the South Korean market through multiple partnerships.