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Home » Bitget launches MOCA for staking mining backed by Web3 giant Animoca Brands Mocaverse token
Cryptocurrency

Bitget launches MOCA for staking mining backed by Web3 giant Animoca Brands Mocaverse token

By adminJul. 11, 2024No Comments4 Mins Read
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Bitget launches MOCA for staking mining backed by Web3 giant Animoca Brands Mocaverse token
Bitget launches MOCA for staking mining backed by Web3 giant Animoca Brands Mocaverse token
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Bitget Exchange announced the listing of Mocaverse (MOCA) tokens on PoolX, allowing users to convert tokens such as BGB, BTC, ETH, and USDT into MOCA tokens through staking.

Mocaverse is building the largest Web3 identity passport in the entertainment industry to promote Web3 user growth.

As a sponsored article, this piece is written and provided by Bitget and does not represent the views of the platform or offer investment advice or buying/selling recommendations. Please refer to the disclaimer at the end of the article.

Bitget, a leading global cryptocurrency exchange and Web3 company, has announced the listing of Mocaverse (MOCA) coin on PoolX. This enables users to stake and mine MOCA tokens, avoiding additional costs of purchasing new tokens.

The staking and mining feature is now live and offers 444,444 MOCA coins for spot trading in the Candybomb event. Prior to this, Bitget had already listed MOCA on its pre-trading platform, allowing users to buy and sell before its initial listing.

Mocaverse is building the Moca Network, a network supported by the $MOCA coin that connects various partner subnets and their users, with a focus on music, sports, gaming, education, and governance. $MOCA is a fixed-supply token built on the LayerZero v2 protocol. It serves as both a utility token and a governance token within the network.

$MOCA facilitates transactions within the Mocaverse platform, allowing users to purchase virtual assets, participate in games, and utilize various services. $MOCA holders have voting rights and can influence decisions related to platform development and governance, such as protocol upgrades and ecosystem improvements. $MOCA will also be used to reward participants who contribute to the ecosystem, such as content creators, developers, and community members.

Mocaverse is a subsidiary of Animoca Brands, a Web3 gaming and metaverse giant. The company, previously valued at $6 billion, has over 450 Web3 investments, including direct investments and collaborative investments through Animoca Ventures. These investments cover Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and more.

PoolX is Bitget’s latest staking platform, allowing users to earn popular tokens by staking specific cryptocurrencies. Unlike most decentralized staking products, PoolX enables users to easily earn popular tokens by staking stable and trusted cryptocurrencies like BGB, BTC, ETH, and USDT. Since its launch on April 8th, PoolX has launched over 60 selected projects, including recent popular tokens such as Ethermail (ENT), ArtFi (ARTFI), and ZkSync (ZK), with a total staked amount exceeding $1 billion.

Bitget focuses on providing users with opportunities to invest in popular and valuable projects and has become one of the top ten spot cryptocurrency trading platforms, offering over 800 coins and more than 900 trading pairs. Bitget’s native token, BGB, has also experienced significant growth recently, becoming one of the best-performing CEX tokens and being recognized as one of the top ten cryptocurrencies by Forbes. In the past 30 days, Bitget has had the highest monthly capital inflow among all centralized exchanges, with over $700 million in new funds, further solidifying its position as an industry leader.

About Bitget:
Established in 2018, Bitget is a leading cryptocurrency exchange and Web3 company. Currently, Bitget serves over 100 countries and regions worldwide, helping over 25 million users achieve smart trading through leading copy trading services and other trading solutions.

Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain cryptocurrency wallet that provides a range of Web3 solutions and interactive features, including wallet, swap, NFT marketplace, DApp browser, etc.

Bitget has partnered with Argentine football legend Lionel Messi, Turkish national athlete and women’s wrestling world champion Buse Tosun Çavuşoğlu, European boxing champion Samet Gümüş, women’s volleyball world champion İlkin Aydın, and other trusted partners to encourage people to embrace cryptocurrencies.

Follow Bitget Taiwan’s official accounts for the latest updates:
Bitget Official Website | Instagram | Twitter

Disclaimer: This article is a sponsored promotional article provided by the contributor and does not represent the views of the platform. It does not intend to provide any investment, asset, or legal advice and should not be considered as an offer to buy, sell, or hold assets. Any services, schemes, or tools mentioned in the promotional article are for reference only, and the actual content or rules will be based on the announcements or explanations provided by the contributor. The platform is not responsible for any potential risks or losses. Readers are reminded to conduct their own careful verification before making any decisions or actions.

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