In an exciting new development for the crypto community, Moca Network has officially launched MocaPortfolio, a groundbreaking platform that grants its users access to token allocations from projects within the esteemed Animoca Brands ecosystem. This announcement, shared on Friday, December 19, highlights the platform’s debut featuring the Magic Eden (ME) token as its initial allocation.
What is MocaPortfolio?
MocaPortfolio is engineered to help users engage deeply with projects supported by Animoca Brands, a key player in the digital property rights ecosystem. With $20 million worth of tokens earmarked from Animoca Brands’ diverse portfolio, it offers an unprecedented opportunity to participate in token distributions from a curated selection of promising blockchain projects.
The Magic Eden Token: First to Launch
The launch features an allocation of 2,195,000 ME tokens. Eligible participants, specifically MOCA stakers, can register through the platform. The registration period for the Magic Eden token drop runs from December 18 at 13:00 UTC to December 29 at 01:00 UTC. Staking participants are rewarded based on a proportional distribution model determined by their staking power, offering a fair and transparent process for allocation.
How to Participate
Existing MOCA stakers are well-positioned to benefit from this system and can directly engage via the MocaPortfolio platform. A unique fast-track staking option allows newcomers to generate sufficient staking power within a limited timeframe, ensuring broader participation and accessibility.
“MocaPortfolio is curated with tokens in Animoca Brands’ portfolio to help projects grow token distribution while empowering token holders to accumulate and expand their collections,” said Kenneth Shek, Project Lead of Moca Network.
He added that these principles mirror Animoca Brands’ approach to fostering long-term ecosystem development and investment opportunities.
Why This Matters
By enabling users to build token portfolios aligned with Animoca Brands’ innovative ecosystem, MocaPortfolio establishes itself as a pivotal tool for crypto enthusiasts seeking to maximize their exposure to high-potential blockchain projects.
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Visit the official Moca Network website to learn more about this initiative and begin your journey with MocaPortfolio.