Moca Network

Animoca Brands announced Mocaverse on December 15, 2022 as an 8,888-item profile-picture collection for people and companies in its portfolio. Its five tribes and four realms made the NFT a membership badge: learning, playing, building and doing good were community activities, not token-holder claims on Animoca’s businesses.

That origin still matters because four assets now share similar branding. A Moca NFT is a collectible membership item. Moca ID and the broader AIR Account are login identities. Credentials record issuer-approved facts and activity. MOCA, launched later, is the transferable fungible token.

By late 2023, the team was testing AIR Kit and identity proofs. The 2025 rebrand to Moca Network made portable accounts and reputation the main product. Partners can let users sign in through email, Google or wallets, while issuers validate information and issue encrypted credentials. A user can generate a zero-knowledge proof without exposing the raw record to a verifier.

That architecture does not make every reputation statement permanent or self-sovereign. Issuers decide whether to approve a credential, and documented states include revoking, revoked and expired. MocaProof began as a beta on Moca Chain testnet in December 2025. Mocat, Realm Points, AIR Shop loyalty points and campaign rewards visualize or reward activity; none is automatically the MOCA balance.

MOCA launched on July 11, 2024 with a fixed headline allocation of 8,888,888,888. Current products use staking power for priority in MocaList sales and eligibility for partner campaigns. Yet KYC, country exclusions, per-sale rules and available allocation remain decisive. AIR Shop can use crypto, cards and its own loyalty points, so an account may participate without turning MOCA into a universal payment claim.

The MiCA paper draws two boundaries and one awkward entity conflict. It calls MOCA non-redeemable and non-interest-bearing and gives holders no ownership, dividend, corporate vote or claim against an existing legal entity. For admission to trading it names MDPR Limited as offeror and issuer, Moca Foundation as parent, and Moca (BVI) Limited as support for settling MDPR obligations; elsewhere the same paper says Moca Foundation issued the token. The TON deal was a foundation-level token swap and US$20 million incentive reserve, while identity interoperability remained future work rather than a wallet-level right.

The Ethereum contract is unusually narrow. It minted the full supply once to a treasury, exposes no owner, callable mint, pause or upgrade path, and lets a holder burn only that holder’s tokens. A live Ethereum read still returned 8,888,888,888 units and 18 decimals.

Omnichain movement adds a separate control layer. Ethereum tokens lock in adapter 0x2B11…884D while remote OFTs mint representations. A live read found that adapter owned by Safe 0xcc29…7229 with a two-of-three threshold. Owners can set peers, pairwise daily limits, exemptions, operators and delegates; operators can reset peers and LayerZero delegates configure or clear messages. The home token’s immutability therefore does not make bridge operation permissionless, and remote representations are not new economic issuance on top of the locked supply.

Current official pages describe two different stages at once. Node instructions call EVM chain ID 2288 a private mainnet and require an API key, while the AIR environment table still marks the public mainnet RPC and explorer “coming soon” and says production credential validation begins once mainnet is available. The public beta uses testnet ID 222888. Gas, validator staking, data storage and onchain governance therefore remain documented designs whose broad public availability is unfinished.

Control also sits in allocation and product terms. The 20% ecosystem-and-treasury pool vests for 48 months from launch; team and adviser cliffs passed in January 2026 and their linear releases are underway. The 13% strategic-partner schedule still says TBC. Moca Foundation markets governance through MIPs, yet we did not verify a live proposal portal or executed holder vote. The network has grown beyond the NFT, while several of its strongest token promises still depend on operators, integrations and a public chain that has not fully opened.