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Launch has ended
MOCA is the token that powers the Moca Network, an interoperable cultural economy of partner “subnets” and their corresponding users, around the key pillars such as music, sports, gaming, education, governance, and more, regardless of any VMs, L1 and L2 chains.
MOCA is a fungible token (FT) built on the LayerZero v2 protocol, with a fixed supply of 8,888,888,888 tokens.
MOCA serves as the utility and governance token within the network, embodying the three pillars of Growth, Culture, and Governance.
*MOCA has a burn function embedded in the smart contract. Tokens received by the protocol might be burnt.
Moca Network aligns incentives for all participants to allow the network to grow and scale. As more active users come to the network, a network effect is created for and can be enjoyed by all participants. The Moca Network consists of two components:
The structure of the fixed price token launch can be found below. Do note that users will only be able to commit funds to the token launch ONCE and will not be able to modify their purchase afterwards. All users will be required to have a Moca ID to participate in the token launch. If you don't have a Moca ID, you will be able to easily create one during the token launch process!
Token Allocation for Launch | 126,984,127 MOCA Tokens* |
Fixed Launch Price | $0.03938 |
Fully Diluted Value | $350,000,000.00 |
Vesting Period | 5% unlock at TGE, on or around May 24, 2024, followed by a 3 month cliff period with a 52-week weekly linear release |
Eligibility | You can view your eligibility in the fixed price token launch here |
Minimum Purchase Amount | $100.00 |
Funding Methods | USDC, USDT |
Excluded Participants | Excluded participants include residents of the US (and its territories), Canada, China, and certain jurisdictions. |
Token Launch FAQ | MOCA Token Launch FAQ |
*Total number of tokens sold during the token launch will be at the discretion of Moca Foundation.
1 Moca ID should only be linked to 1 Coinlist Account and linking to multiple Coinlist Accounts to a single Moca ID can result in disqualification from the launch or loss of funds.
Please note that Moca Foundation team members, including employees, may also participate in the token launch. While employees have the same opportunity to purchase tokens as external participants, their involvement may create potential conflicts of interest.
The total maximum allocation during token launch will be up to $5,000,000. Participants in the token launch will be allocated MOCA tokens based on fulfilled Guaranteed Lots, Waitlist Lots, or even any commitment without Lots. You can participate in the token launch even if you don’t have Lots. Read more about the Lots here.
You can receive token allocation from both Whales and NFT Holders & Public categories if you hold Lots and qualify as a Whale.
Participants in the token launch can also climb the bidding leaderboard to win a share of $50,000 (at price of $0.03938 per token) in bonus rewards.
Leaderboard rankings are determined based on funds committed during the token launch. All bonus rewards will be unlocked and airdropped to the winners in MOCA tokens after the token launch.
Note:
MOCA tokenomics is designed to balance the token release based on the expected growth of the network in partners and user base, and the Foundation's operational needs.
More than 50% of the total token supply goes directly to community, and the rest are allocated for operations for MOCA and the foundation, strategic partners, and team.