Animoca Brands launches the second phase of Mocaverse’s MOCA token airdrop

Animoca Brands, a prominent player in the blockchain gaming and digital entertainment space, has unveiled the second phase of its highly anticipated MOCA token airdrop for its Mocaverse community. This phase, announced by Yat Siu, co-founder and executive chairman of Animoca Brands, will distribute 300,000 MOCA tokens to community members. The distribution process is designed to be fair and transparent, utilizing the KIP Protocol AI framework for selecting winners.

On January 13, 2025, Yat Siu shared the details of the airdrop on X (formerly Twitter), outlining the steps for participation. To be eligible for the airdrop, users are required to submit their MOCA ID, engage in community discussions by sharing their thoughts on Mocaverse, and complete certain tasks, such as following Animoca’s official accounts and retweeting the announcement. This phase is expected to further increase community engagement, as it is targeted at encouraging deeper involvement from the Mocaverse ecosystem.

The KIP Protocol AI system will play a key role in the selection process by evaluating participants based on predetermined criteria, ensuring that the distribution is unbiased and structured. This framework aims to enhance fairness and provide a more inclusive experience for the community members participating in the airdrop.

This second phase of the airdrop is an expansion of the initial airdrop campaign that took place in December 2024 as part of the Token Generation Event (TGE) for Mocaverse. During the first phase, participants who engaged actively in conversations within the community and interacted with tweets related to MOCA NFTs were rewarded with tokens. These community-driven activities laid the groundwork for greater engagement in the Mocaverse ecosystem.

Mocaverse, an ambitious NFT project developed by Animoca Brands, aims to unite a vast network of Web3 projects, partners, and users. The MOCA token plays a critical role in the ecosystem by serving as a utility token, enabling governance participation, incentivizing user contributions, and supporting the project’s long-term growth.

As of January 13, the MOCA token is priced at $0.2123 with a 24-hour trading volume of $36.21 million. The token’s market capitalization stands at approximately $345.16 million, based on a circulating supply of 1.63 billion tokens.

The impact of the second-phase airdrop on the token’s price is still uncertain. Airdrops tend to drive significant trading activity, but they can also create short-term selling pressure as recipients may quickly sell off their tokens. However, the broader distribution of tokens and increased community involvement could have a positive long-term impact on the value of the MOCA token by fostering a more engaged and committed community.

The market’s response to the airdrop will likely become clearer in the coming weeks as the effects of the distribution unfold. If the community’s engagement continues to grow, it could lead to a more sustainable and vibrant Mocaverse ecosystem, ultimately strengthening the token’s long-term value.