🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Animoca Brands’ Mocaverse to partner CyberConnect in Web3 membership program

Published 23/05/2023, 09:14 am
© Reuters.  Animoca Brands’ Mocaverse to partner CyberConnect in Web3 membership program

Animoca Brands Corporation Ltd's flagship membership NFT collection Mocaverse will enter into a strategic partnership with decentralized social network CyberConnect.

This partnership will utilize CyberConnect’s scalable and composable cross-chain infrastructure and social network protocol to power the Mocaverse Web3 Membership Program.

Through this partnership, Mocaverse and CyberConnect will empower Mocaverse NFT holders to build their Web3 social reputation, establish meaningful connections and co-create value through the various aspects of Mocaverse, including Moca XP, Realm Tickets and NFTs.

About CyberConnect

CyberConnect is Web3’s earliest and biggest decentralized social network, enabling developers to create social applications empowering users to own their digital identity, content, connections and monetization channels.

This network consists of two user-focused features: CyberProfile, a decentralized identity standard that provides access to Web3; and CyberConnect Social Graph, which links your digital identity, data, content and friends.

What is Mocaverse?

Mocaverse is the PFP NFT collection of the Animoca Brands ecosystem. The project aims to drive the exchange of ideas and learning opportunities, connect people and projects, support builders and cultivate a resilient Web3 culture.

The collection comprises 8,888 NFTs of characters called Mocas, each belonging to one of five tribes: Dreamers, Builders, Angels, Connectors and Neo-Capitalists.

“Shared vision”

Animoca Brands chief business officer Alan Lau said: “CyberConnect’s scalable and composable cross-chain infrastructure is going to play an instrumental role in scaling Mocaverse’s growth across applications, creating endless social experiences for the Mocaverse community.

"With our shared vision on enabling true digital asset ownership, and by seeding the platform with Animoca Brands’ ecosystem partners, we believe that this partnership will bring net positive value not only to Mocaverse and Realm Ticket holders but also to the wider Web3 industry.”

The goal of Mocaverse is to unite the Web3 community through shared purpose and values by allowing holders to exchange ideas, learn, connect, play games and build the future of Web3.

About partnership

To kickstart the partnership, Mocaverse will leverage CyberConnect’s protocol to tokenize the content of Mocaverse and Mocaverse NFT holders on to the Link3 platform, a Web3-native social network built on the CyberConnect protocol.

This will be the first step to put content ownership and engagement on-chain, as it will enable Mocaverse NFT holders to own the content they create, and their engagement with each other will generate Moca XP, the points and rewards system of Mocaverse.

“Empowering individuals”

“We are incredibly excited to collaborate with Animoca Brands and its groundbreaking Mocaverse project,” said CyberConnect CEO Wilson Wei.

“This partnership represents a monumental step forward in redefining social networking and community-building in the Web3 era.

"Together, we are empowering individuals by prioritizing their ownership, privacy and creative freedom, fostering a truly decentralized and social digital world.

"Our collective vision is to unleash the untapped potential of the Internet, where individuals can seamlessly connect, collaborate and co-create the future of the decentralized web.”

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.