{"id":11488,"date":"2023-09-12T15:33:25","date_gmt":"2023-09-12T15:33:25","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/09\/12\/animoca-brands-receives-20-million-in-funding-for-mocaverse-play-to-earn\/"},"modified":"2023-09-12T15:33:25","modified_gmt":"2023-09-12T15:33:25","slug":"animoca-brands-receives-20-million-in-funding-for-mocaverse-play-to-earn","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/09\/12\/animoca-brands-receives-20-million-in-funding-for-mocaverse-play-to-earn\/","title":{"rendered":"Animoca Brands Receives $20 Million in Funding for Mocaverse &#8211; Play to Earn"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Animoca Brands announced a new round of fundraising that brought in $20 million dollars to invest into the Mocaverse! More than just a PFP collection, the Mocas are a centerpoint of the future of Animoca Brands<\/strong>.<strong> And this funding round specifically devoted to the Mocaverse further proves that point!<\/strong><\/p>\n<p>The Mocaverse just wrapped up their <a href=\"https:\/\/www.playtoearn.online\/2023\/08\/29\/excavate-for-relics-in-mocaverse-cosmic-hunt\/\" target=\"_blank\" rel=\"noopener\">scavenger hunt<\/a>, allowing Moca owners a chance to search a grid map for Relics, each containing prizes ranging from game tokens to rare NFTs. And it seems like there is even a brighter future ahead, as Animoca Brands, the parent company, just announced that they have raised $20 million USD to focus on further developing the Mocaverse!<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1.jpg\" data-slb-active=\"1\" data-slb-asset=\"176445398\" data-slb-internal=\"0\" data-slb-group=\"43743\" target=\"_blank\" rel=\"noopener\"><picture><source sizes=\"(max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\" data-srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-1024x497.jpg.webp 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-300x146.jpg.webp 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-768x373.jpg.webp 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-1536x746.jpg.webp 1536w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1.jpg.webp 1876w\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"497\" src=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-1024x497.jpg\" alt=\"on the hunt for Relics in the Mocaverse\" class=\"wp-image-43755\" srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-1024x497.jpg 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-300x146.jpg 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-768x373.jpg 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1-1536x746.jpg 1536w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1.jpg 1876w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-eio=\"l\"\/><\/noscript><\/source><\/picture><\/a><figcaption class=\"wp-element-caption\"><em>on the hunt for Relics in the Mocaverse<\/em><\/figcaption><\/figure>\n<\/div>\n<p>According to the <a href=\"https:\/\/www.animocabrands.com\/animoca-brands-raises-usd-20m-for-its-mocaverse-project\" target=\"_blank\" rel=\"noopener\">official press release<\/a> these funds will be used to  \u201cadvance the Mocaverse project, including product development, facilitating Web3 adoption, and securing partnerships to expand the gaming, culture and entertainment ecosystem of Animoca Brands\u2019 portfolio of approximately 450 investments in Web3 companies and projects.\u201d<\/p>\n<p>The Mocaverse centers around Mocas, a PFP, NFT collection. Aside from providing various perks such as whitelist opportunities and access to special events, Mocas can also gain experience. This experience can be used to acquire even more benefits and perks!<\/p>\n<p>One announced, upcoming plan for the Mocaverse is the \u201cMoca ID\u201d. These IDs are a soulbound NFT collection that will function as a player\u2019s ID and allow them to accrue loyalty points. It\u2019s unclear if these points will replace Moca experience, or if it\u2019s an entirely new and additional experience system.<\/p>\n<p>In the words of Animoca, \u201cloyalty points will power a permissionless and interoperable loyalty system that will be progressively decentralised to enable third-party adoption and integration of Moca ID, with the aim to advance the accessibility and growth of Web3.\u201d Quite a mouthful! <\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6.jpg\" data-slb-active=\"1\" data-slb-asset=\"567895345\" data-slb-internal=\"0\" data-slb-group=\"43743\" target=\"_blank\" rel=\"noopener\"><picture><source sizes=\"(max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\" data-srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1024x205.jpg.webp 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-300x60.jpg.webp 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-768x154.jpg.webp 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6.jpg.webp 1480w\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"205\" alt=\"\" class=\"wp-image-43750 lazyload\" data-eio=\"p\" src=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1024x205.jpg\" srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1024x205.jpg 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-300x60.jpg 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-768x154.jpg 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6.jpg 1480w\" data-sizes=\"auto\" data-eio-rwidth=\"1024\" data-eio-rheight=\"205\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"205\" src=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1024x205.jpg\" alt=\"\" class=\"wp-image-43750\" srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-1024x205.jpg 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-300x60.jpg 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-768x154.jpg 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6.jpg 1480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-eio=\"l\"\/><\/noscript><\/source><\/picture><\/a><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\">The Moca Experience System<\/h2>\n<p>\u00a0Mocas earn experience points through a soft staking program, as well as by participating in DAO voting, special events, contests, and community rewards.<\/p>\n<p>Each period for the soft staking program runs for one week. Earning points is simple. Hold a Moca and don\u2019t sell, trade, or even list it. Each day that The Moca sits in your wallet is worth one experience point. So, if you have done nothing at all with your Mocas, you are already earning experience points! Various events on Discord on in games can be worth points as well. Watch their Mocaverse social channels for opportunities. In addition, Moca owners who vote on Moca associated DAO proposals earn points for their Mocas as well<\/p>\n<p>The experience points accumulated stay with the Moca when it is transferred to a different wallet. However, at the end of each season, all experience points will be reset for the next round, allowing new owners a chance to join in the fun. Owners can visit the <a href=\"https:\/\/www.mocaverse.xyz\/mocana\" target=\"_blank\" rel=\"noopener\">website<\/a> to see how much experience their Mocas have accumulated.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2.jpg\" data-slb-active=\"1\" data-slb-asset=\"1143197556\" data-slb-internal=\"0\" data-slb-group=\"43743\" target=\"_blank\" rel=\"noopener\"><picture><source sizes=\"(max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\" data-srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-1024x648.jpg.webp 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-300x190.jpg.webp 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-768x486.jpg.webp 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2.jpg.webp 1369w\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"648\" alt=\"earning experience for Moca NFTs\" class=\"wp-image-43757 lazyload\" data-eio=\"p\" src=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-1024x648.jpg\" srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-1024x648.jpg 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-300x190.jpg 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-768x486.jpg 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2.jpg 1369w\" data-sizes=\"auto\" data-eio-rwidth=\"1024\" data-eio-rheight=\"648\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"648\" src=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-1024x648.jpg\" alt=\"earning experience for Moca NFTs\" class=\"wp-image-43757\" srcset=\"https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-1024x648.jpg 1024w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-300x190.jpg 300w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2-768x486.jpg 768w, https:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-6-2.jpg 1369w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-eio=\"l\"\/><\/noscript><\/source><\/picture><\/a><figcaption class=\"wp-element-caption\"><em>earning experience for Moca NFTs<\/em><\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\">What is the Mocaverse?<\/h2>\n<p>The Mocaverse is a web3 ecosystem made up of all the developers and companies that are under Animoca Brands or in which Animoca Brands has invested. Which is quite a large portfolio \u2014 over 450 projects! The Mocaverse centers around Moca NFTs, a limited edition, PFP style collection that offer lifetime rewards to their holders.<\/p>\n<p>Animoca Brands has quickly grown into one of the largest players in the web3 gaming scene. They have a number of direct subsidiaries, such as The Sandbox, Darewise, and Blowfish Studios. The portfolio features many well known games including Benji Bananas, Life Beyond, REVV Racing, and Phantom Galaxies.They have also invested in Open Sea, Yuga Labs, Axie Infinity, and many, many more projects!<\/p>\n<p>To learn more about Mocas and the Mocaverse, follow them on\u00a0<a href=\"https:\/\/twitter.com\/MocaverseNFT\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, join their\u00a0<a href=\"https:\/\/discord.gg\/mocaversenft\" target=\"_blank\" rel=\"noopener\">Discord server<\/a>, and visit their\u00a0<a href=\"https:\/\/www.mocaverse.xyz\/\" target=\"_blank\" rel=\"noopener\">website<\/a>.<\/p>\n<p>To learn more about Animoca Brands, visit their\u00a0<a href=\"https:\/\/www.animocabrands.com\/\" target=\"_blank\" rel=\"noopener\">website<\/a>\u00a0and follow them on\u00a0<a href=\"https:\/\/twitter.com\/animocabrands\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>.<\/p>\n<footer class=\"post-author-box-wrap\" style=\"margin-bottom:30px;\">\n&#13;<\/p>\n<div class=\"bitfo-author-boxes\">\n<p>  <!-- Author Box --><\/p>\n<div class=\"bitfo-single-author bitfo-card\">\n<p>&#13;<br \/>\n      Phil Hall has been a gaming enthusiast since birth and a crypto enthusiast since 2017. He enjoys new discoveries and sharing those with others via blogging and photography. You can follow him on Twitter or read his other articles on Medium.    <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>&#13;<br \/>\n<\/footer>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/www.playtoearn.online\/2023\/09\/12\/animoca-brands-receives-20-million-in-funding-for-mocaverse\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Animoca Brands announced a new round of fundraising that brought in $20 million dollars to invest into the Mocaverse! More than just a PFP collection, the Mocas are a centerpoint of the future of Animoca Brands. And this funding round specifically devoted to the Mocaverse further proves that point! The Mocaverse just wrapped up their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[16],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"http:\/\/www.playtoearn.online\/wp-content\/uploads\/2023\/09\/image-5-11.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/11488"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=11488"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/11488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/11489"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=11488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=11488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=11488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}