Moca Network

Moca Network is a chain-agnostic digital identity infrastructure project that aims to give users a single universal account to carry their assets, identity, and reputation across many different blockchains and applications. It targets both Web2 and Web3 developers who want to embed blockchain-based account features into their own products without requiring users to start fresh on every platform. The project is backed by Animoca Brands, which gives it access to a portfolio of over 540 companies and a stated addressable user base of more than 700 million people.

The core product, AIR Kit, is a developer toolkit that lets applications create embedded blockchain accounts for their users, enabling those users to carry the same identity and reputation data across any app that adopts the standard, on any compatible chain. Mocaverse is one consumer-facing platform built on top of AIR Kit, offering experiences and rewards tied to a user's Moca ID. The MOCA token functions as the utility token inside this system, used to pay transaction fees and power network activity, and it exists within the Ethereum and Base ecosystems among others.

MOCA is described as a fee token for transactions on the network, meaning the fee stream depends on actual usage of the AIR Kit and connected platforms. The data provided does not include a specific fee revenue figure, so the size or consistency of any fee stream cannot be determined from what is stored here. What is known is that roughly 47.62 percent of the maximum supply of 8,888,888,888 tokens is currently in circulation, with a fully diluted valuation approximately 2.1 times the current market capitalisation of around 36.6 million dollars, reflecting that a large portion of tokens has not yet entered circulation.