The post MocaPortfolio Goes Live, Launches First Token Drop With Magic Eden (ME) appeared on BitcoinEthereumNews.com. Additional tokens from projects inside AnimocaThe post MocaPortfolio Goes Live, Launches First Token Drop With Magic Eden (ME) appeared on BitcoinEthereumNews.com. Additional tokens from projects inside Animoca

MocaPortfolio Goes Live, Launches First Token Drop With Magic Eden (ME)

  • Additional tokens from projects inside Animoca Brands’ ecosystem are going to be disclosed in the future, and the Magic Eden token drop is the first of many scheduled drops.
  • In order to participate in the Magic Eden token drop, new players have the opportunity to take advantage of a fast-track option.

MocaPortfolio, a platform that provides the Moca Network community with access to token allocations from Animoca Brands’ portfolio projects (for more information, read the release made on September 3, 2025), is now live at https://www.mocaverse.xyz/mocaportfolio. It is currently possible to purchase the Magic Eden token (ME), which is the first featured token of MocaPortfolio. More information on the first drop can be found below.

MocaPortfolio has set aside tokens worth twenty million dollars that come from initiatives that are part of the ecosystem of Animoca Brands. Additional tokens from projects inside Animoca Brands’ ecosystem are going to be disclosed in the future, and the Magic Eden token drop is the first of many scheduled drops that will take place on MocaPortfolio.

The following is a list of the specifics of the first MocaPortfolio drop:

  • Featured project: Magic Eden (ME) token 
  • Total allocation: 2,195,000 ME
  • Eligibility: MOCA stakers can burn between 5,000-20,000,000 Staking Power to participate
  • Registration window: Dec 18 13:00 UTC – Dec 29 01:00 UTC

Distribution mechanism: Flexible Mode — There will be a proportionate distribution of ME tokens across the participants, with the amount of Staking Power burned being taken into account.

To participate:

Mocaverse.xyz/mocaportfolio/project/magic-eden is where the existing MOCA Stakers may visit in order to participate in the Magic Eden token drop.

In order to participate in the Magic Eden token drop, new players have the opportunity to take advantage of a fast-track option. This option involves staking 57,870 MOCA tokens for a period of just twenty-four hours. It is possible to instantly start producing Staking Power by staking MOCA tokens and/or Moca NFTs via the mocaverse.xyz/stake website.

Kenneth Shek, project lead of Moca Network said:

Moca Network is in the midst of building the world’s biggest chain-agnostic decentralized identity network. This network comes equipped with a privacy-protected infrastructure for identity verifications, as well as the capacity to interoperate users and data across different ecosystems and businesses. Over 600 portfolio firms, over 700 million targeted customers, and a wide variety of corporate partners are all brought together by Moca Network, which is the top identity ecosystem that was developed by Animoca Brands. The MOCA Coin serves as both the utility token and the governance token for the Moca Network.

Source: https://thenewscrypto.com/mocaportfolio-goes-live-launches-first-token-drop-with-magic-eden-me/

Market Opportunity
SecondLive Logo
SecondLive Price(LIVE)
$0.00003976
$0.00003976$0.00003976
-3.70%
USD
SecondLive (LIVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Octav Integrates Chainlink to Deliver Independent Onchain NAV for DeFi

Octav Integrates Chainlink to Deliver Independent Onchain NAV for DeFi

Octav integrates Chainlink oracles to deliver neutral on-chain NAV, restoring trust during volatile DeFi markets. October shocks exposed DeFi operating without
Share
Crypto News Flash2025/12/21 17:51
SEC Final Judgments on FTX Executives Filed

SEC Final Judgments on FTX Executives Filed

The SEC has filed proposed final consent judgments against former FTX executives. Key figures involved include Caroline Ellison, Gary Wang, and Nishad Singh.
Share
CoinLive2025/12/21 18:06
SHIB Price Drops as Leadership Concerns Grow

SHIB Price Drops as Leadership Concerns Grow

The post SHIB Price Drops as Leadership Concerns Grow appeared on BitcoinEthereumNews.com. Shiba Inu investors uneasy as Kusama’s silence fuels leadership concerns. SHIB slid 13% in three days, retracing from $0.00001484 to $0.00001305. Shibarium exploit and Kusama’s absence have weighed on investor trust. Shiba Inu investors are voicing concerns about the project’s long-term direction as leadership uncertainty and slow ecosystem progress erode confidence.  The token, which rallied from its meme-coin origins to become the second-largest meme asset by market cap, counts more than 1.5 million holders worldwide. But as SHIB matures, the gap between early hype and current delivery has widened.  The project’s transition into an “ecosystem coin” with spin-off projects and Shibarium, its layer-2 network, once raised expectations. Analysts now point to internal challenges as the main factor holding SHIB back from fulfilling that potential. Kusama’s Silence Adds to Instability Central to the debate is the role of Shytoshi Kusama, Shiba Inu’s pseudonymous lead developer. Investors are concerned about the intermittent disappearance of the project’s lead developer, who repeatedly takes unannounced social media breaks.  For instance, Kusama went silent on X for over a month before resurfacing this week amid growing speculation that he had abandoned the Shiba Inu project.  Kusama returned shortly after the Shibarium bridge suffered an exploit worth around $3 million. However, he did not directly address the issue but only reassured Shiba Inu community members of his commitment to advancing the project.  Although most community members didn’t complain about Kusama’s anonymity in the project’s initial stages, his recent behavior has raised concerns. Many are beginning to develop trust issues, particularly because nobody could reveal the SHIB developer’s identity for the past five years. He has conducted all communications under pseudonyms. SHIB Price Action Reflects Sentiment Shift Market reaction has mirrored the doubts. SHIB, which spiked 26% at the start of September, has since reversed. Over the last…
Share
BitcoinEthereumNews2025/09/18 04:13