Mocaverse Shares MOCA Airdrop for NFT and Moca ID Holders!

Bittime - Mocaverse, Animoca Brands' Web3 metaverse project, has just announced the MOCA token airdrop details. Through an announcement on Twitter, Mocaverse said that Moca NFT and Moca ID holders are entitled to a share of this MOCA token allocation.

MOCA Airdrop Details

Here are some important points regarding the MOCA token airdrop.

• Allocation for Moca NFT Holders: A total of 10% of the total supply of MOCA tokens, equivalent to 31.7% of the total Network Incentives allocation, will be allocated to Moca NFT holders. Of this amount, 1/3 will be unlocked during the Token Generation Event (TGE). Further information regarding the details of the remaining distribution will be announced later.
• Moca ID Airdrop: The airdrop for Moca ID will be carried out in two stages. Details regarding the second phase will also be announced later.
• Increased Unlock "Network Incentives" at TGE: The proportion of "Network Incentives" unlocked at TGE is increased from 15% to 20%.
• Maximum Airdrop Limit: The total airdrop will be limited by the two initial stages of Network Incentives distribution, the first stage opening at TGE and the second stage one month after TGE.
• External Community Considerations: Mocaverse is considering incorporating external communities into airdrop distribution, not limited to strategic partnerships and marketing incentives.
• Final Changes: Details currently announced may undergo changes prior to the airdrop.

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Airdrop Distribution for Moca NFT Holders

• Allocation: 10% of the total MOCA token supply
• Distribution:
  • 1/3 opened (unlocked) during TGE
  • 1/3 will be given gradually (vested) every week for 12 months after 3 months
  • 1/3 is allocated specifically for future Moca NFT incentive programs
• Eligibility Requirements: To be eligible to receive the airdrop, you must hold the Moca NFT at the time of airdrop collection.

Airdrop distribution for Moca ID holders

• Stage: Airdrop for Moca ID will be carried out in 2 stages:
  • Stage 1 (at the time of TGE): No vesting
  • Stage 2 (post-TGE): Details will be announced later
• Eligibility Requirements: There will be a minimum Reward Points (RP) requirement to be able to receive the airdrop. Details regarding the RP threshold and mechanism will be announced closer to TGE.
  • The more RP you have, the greater the number of MOCA tokens you receive. RP is a form of proof-of-engagement, and airdrop distribution will be carried out non-linearly based on evaluation of user participation.

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Use of Network Incentives

The remaining allocation of Network Incentives and other network tokens will be distributed to all Moca Network participants based on a value-based mechanism, namely:

1. MOCA Token Holder
2. Moca ID holder
3. Moca NFT holder

Further details regarding the use of Network Incentives will be announced after TGE.

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How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read: 

LightLink Airdrops 1,000 LL Tokens for Every NFT Mocavers!

MOCA Token Distribution is a Huge Success with 12x Oversubscription!

Mocaverse NFT Joins Memecoin, New Integration With CoinList

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.