MOCA Coin (MOCA) Listed on Upbit and Bithumb, Binance Futures Launches MOCAUSDT Perpetual Contract

MOCA Foundation, the community-owned cultural foundation and steward of MOCA Coin, announced that MOCA Coin (MOCA) has listed on Upbit and Bithumb

MOCA Coin (MOCA) has listed on Upbit and Bithumb, two of the largest digital asset exchanges in South Korea, MOCA Foundation announced in a statement on 24 February.

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.

The listing on Upbit and Bithumb follows 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.”

Follow Mocaverse on X for updates.

About Mocaverse

Mocaverse is Animoca Brands’ flagship project providing a Web3 platform for consumers to participate in and maximize their exposure to Web3 experiences and rewards.

Seeded by Animoca Brands’ 540 portfolio companies, Mocaverse is building the Moca Network, a network of networks with a single login entry point in which partners can co-build different consumer applications for Web3 onboarding.

With Realm SDK as the core onboarding product, Mocaverse aims to decentralize the onboarding of millions of users from partners via interoperable wallet, ID, reputation, and point systems.

Mocaverse has also completed a US$20 million token swap with TON Foundation committed to growing the user base with Moca’s reputation layer.

Website: https://www.mocaverse.xyz

X (Twitter): https://x.com/Moca_Network

Medium: https://medium.com/mocaverse

Discord: http://discord.gg/MocaverseNFT

About Animoca Brands

Animoca Brands (ACN: 122 921 813), a Deloitte Tech Fast winner, a Fortune Crypto 40 company, one of the Top 50 Blockchain Game Companies 2024, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help establish the open metaverse.

The company develops and publishes a broad portfolio of products, including Anichess, The Sandbox, PHANTOM GALAXIES™, and Crazy Defense Heroes, and products utilizing popular intellectual properties such as The Walking Dead and Power Rangers.

One of Animoca Brands’ flagship projects is Mocaverse, a platform that enables consumers to maximize their Web3 exposure to experiences and rewards with a single login entry point.

Animoca Brands is one of the most active investors in Web3, with a portfolio of over 540 Web3 investments, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, OpenSea