Mocaverse forges strategic alliances to expand Moca ID ecosystem

Mocaverse, an Animoca Brands membership network program, has partnered with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet. This is intended to facilitate a connection between the on-chain cultural economy and Centralized Finance (CeFi).

Recently, Mocaverse introduced Moca ID, a decentralised identity (DID) that will facilitate user progress by integrating with Moca self-custodial wallets. Moca ID will serve as the conduit through which users can navigate multiple Web3 cultural exposures, including PointFi and SocialFi, with simplicity and facilitate onboarding into the Mocaverse ecosystem.

User IDs for OKX Wallet, Halo Wallet, and Crypto.com DeFi Wallet will be redeemable in-app for access to the Mocaverse ecosystem and a variety of entertaining and culturally enriching activities. Moca ID holders will have the opportunity to accumulate Realm Points through active participation and engagement in associate initiatives. They will have the capability to redeem the points they have accumulated for acquiring connectivity with tangible benefits and incentives provided by Mocaverse and Animoca Brands.

Kenneth Shek, the project leader at Mocaverse, asserts that these exclusive alliances will pave the way for the company to reassess the Web3 network impact and establish interoperability as the foundation for acquiring new users.

Jason Lau, chief innovation officer at OKX, sees the OKX Wallet as most effectively utilized when exploring the cutting-edge domain of Web3 gaming, in addition to gaining exposure to culture and entertainment.

President and Chief Operating Officer of Crypto.com Eric Anziani believes that the sole purpose of Crypto.com DeFi Wallet is to connect the DeFi and Web3 spaces to the general public.

According to Jeff Hou, the CEO of Halo Wallet, establishing a connection with Mocaverse has been a delight. In the realm of SocialFi, Moca ID and Mocaverse holders will receive additional benefits from Halo.

Animoca Brands has taken the initiative to create Mocaverse. The objective is to foster relationships among the various endeavors, partners, affiliates, and joint ventures of the organization by means of a limited NFT collection.

Crypto.com DeFi wallet is a non-custodial wallet that provides users with centralized access to everything DeFi. In a matter of seconds, users may connect to the most popular dapps, manage their NFTs, collect token incentives, swap tokens frictionlessly, and manage over 4000 tokens across 30+ blockchains.

On the other hand, Halo Wallet is a leading Web3 social wallet that markets the data value associated with a social network to generate revenue.