MOCA Foundation, the community-owned cultural foundation and steward of MOCA Coin, announced that MOCA Coin (MOCA) has listed on Upbit and Bithumb, two of the largest digital asset exchanges in South Korea. In addition, Binance Futures has launched a USDⓈ-Margined MOCAUSDT perpetual contract with up to 75x leverage (USDⓈ-Margined contracts are crypto derivatives quoted and settled in USDT, BUSD or USDC; read more here). MOCA Coin is the token that powers Moca Network, a chain-agnostic digital identity infrastructure for the open Internet.
MOCA Coin listed on Upbit and Bithumb following the recent announcement of a business partnership between Mocaverse and SK Planet, one of South Korea’s largest information and communications technology platforms. Mocaverse and SK Planet will co-create blockchain-enabled user experiences within SK Planet’s existing internet services, which will make use of Mocaverse’s Realm SDK.
Mocaverse started as Animoca Brands’ first official membership NFT project, and has evolved into Moca Network, building the universal account and open user-centric decentralized infrastructure which allows users to retrieve, own, store, and prove their own identity and data by granting permissions to any applications on any chains for verifications. Moca ID is a battle-tested use case of the digital identity infrastructure, a decentralized identifier (DID) offering unique .moca digital identities that has garnered over 1.8 million on-chain users since launch in November 2023.
At the time of writing, MOCA Coin has a 24-hour trade volume of over US$1.6 billion (source: CoinMarketCap).
Yat Siu, executive chairman and co-founder of Animoca Brands, said: “MOCA Coin listing on Upbit and Bithumb and Mocaverse’s business partnership with SK Planet demonstrate the ecosystem’s commitment to the South Korea market. Binance Futures’ MOCAUSDT perpetual contract reflects a growing recognition in Mocaverse’s potential for the Web3 space. Mocaverse has evolved from an initial membership NFT project into a platform that can simplify Web3 access for millions. We believe that Mocaverse is bridging traditional internet services with blockchain technology and will play a crucial role in driving mainstream adoption of Web3, which will ultimately foster a more open digital future.”
Kenneth Shek, project lead for Mocaverse, added: “MOCA Coin’s listing on Upbit and Bithumb will open up access to South Korean users following the partnership with SK Planet. We are excited to work with our core Realm SDK partners to co-create the Mocaverse ecosystem with universal account and digital identity.”
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