The NFT market continues to experience explosive growth, with new projects and platforms emerging every day. One of the most promising projects in this space is Mocaverse, a platform for culture and entertainment on Web3. Recently, Mocaverse made headlines by successfully raising $11.8 million in capital.
Mocaverse is an NFT project funded and developed by Animoca Brands, a leading blockchain company focused on gaming and entertainment. The project’s mission is to connect all the Web3 and Metaverse communities and create a vibrant and authentic space in the NFT world.
The recent $11.8 million capital raise is the second successful round for Mocaverse. In the first round, the project raised $20 million from leading investment funds such as Block1, OKX Ventures, Polygon Ventures, and Dapper Labs. Both rounds of capital raising used the method of issuing shares at a price of 4.5 AUD and also included utility tokens.
According to an announcement from Animoca Brands, the funds raised will be used to develop the Mocaverse platform further. The development team will deploy the Web3 Frequent Player Program, which operates based on a reward point system called Realm Points. This system will create favorable conditions for the development of the project and encourage participation from the community.
Users on Mocaverse can create identities and earn Realm Points by participating in the Mocaverse ecosystem, which includes more than 400 companies in the Animoca Brands portfolio. Moca ID, Mocaverse’s identifier, will act as a digital passport, helping users access all the benefits of the program.
Moca ID Invite Code
Mocaverse Invite Codes: ZAEE95FTL9 – ZCUNL6941V – CT576F7123 – S2CP92ZQR9 – WCCLR5MRVJ
If all of the codes above are used, please contact me on X (@kaitodelima) for other invite codes.
With the success of its recent capital raise and the promise of its unique platform, Mocaverse is poised to become a major player in the NFT market. The project’s focus on culture and entertainment on Web3 is a refreshing change from the many projects that are purely speculative. As more investors and users discover Mocaverse, we can expect to see continued growth and success for this exciting project.
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