Bitget Lists Mocaverse (MOCA) Token from $6 billion-valued Web3 Giant Animoca Brands on PoolX and Spot

Victoria, Seychelles, July 11th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of Mocaverse (MOCA) coins on PoolX for users to stake-to-mine benefits. With this, Bitget presents users a chance to accumulate more tokens via staking BGB/USDT avoiding extra costs of purchasing newer tokens. This stake-to-mine feature is now live along with 444,444 MOCA coins for distribution under the Candybomb event via spot listing. Previously, Bitget listed MOCA on its Premarket platform where users placed buy and sell bids prior to its initial launch.

Mocaverse is creating a connected network called the Moca Network, powered by a coin named $MOCA. This network links various partner subnets and their users, focusing on areas like music, sports, gaming, education, and governance. $MOCA, built on the LayerZero v2 protocol, is a token with a fixed supply. It functions as both a utility and governance token within the network.

$MOCA facilitates transactions within the Mocaverse platform, enabling users to purchase virtual assets, participate in games, and access various services. Holders of MOCA have voting rights to influence decisions related to the platform’s development and governance, such as protocol upgrades and ecosystem improvements. $MOCA will also be used to reward participants for contributing to the ecosystem, such as content creators, developers, and community members.

Mocaverse is a subsidiary of the Web3 gaming and metaverse giant, Animoca Brands. The company was previously valued at US$6 billion with a portfolio of over 450 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more.

PoolX, Bitget’s cutting-edge staking platform, continues to revolutionize the crypto landscape by distributing rewards hourly based on staked amounts. Unlike most decentralized staking products, PoolX allows users to effortlessly earn popular tokens by staking stable and trusted cryptocurrencies such as BGB, BTC, ETH and USDT. Since its debut on April 8, PoolX has launched over 60 selected projects including the recent hot tokens such as Ethermail (ENT), ArtFi (ARTFI), ZkSync (ZK), with a total stake amount accumulated to over $1 billion.

With a focus on providing users with opportunities to invest in different projects, Bitget is now one of the top 10 crypto spot trading platforms with over 800 coins and 900+ pairs. Bitget’s BGB token has recorded tremendous growth as the best-performing CEX token. BGB was also ranked in the Top 10 cryptocurrencies by Forbes recently. In the past 30 days, Bitget recorded the highest monthly inflow among all centralized exchanges, with over $700M in new capital, strengthening its position as an industry leader.

For more information about MOCA coins, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

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