Animoca Brands, a prominent blockchain investment company, has recently introduced significant updates to its Mocaverse Non-fungible Token (NFT) collection. The aim of this development is to improve interoperability across various Decentralized Applications (DApps) and blockchain networks.
Responding to the community’s requests for a dedicated chain within the expansive Animoca ecosystem, the company has unveiled this initiative while maintaining its chain and ecosystem-agnostic approach, a core principle since its inception.
Having strategically invested in numerous organizations to strengthen the Web3.0 ecosystem, Animoca Brands now plans to incorporate the outcomes of these investments into the Mocaverse NFT collection, as stated in their latest announcement. This shift involves focusing on constructing an interoperable infrastructure network that supports a wide range of DApps, wallets, and chains, rather than creating a new blockchain.
Moving towards an interoperable future, Animoca Brands aims to build an infrastructure that can seamlessly connect with any DApp, wallet, or chain. By leveraging the strengths of its over 450 portfolio companies, the company intends to channel the value of the entire Animoca Brands network into the Mocaverse. The Moca network already provides support to these entities, enhancing the collective capabilities of the ecosystem.
Users of the Mocaverse will have access to various infrastructure products through this network, including interoperable accounts, digital identity solutions, PointFi, on-chain reputation systems, and a launchpad, all powered by the MOCA network. With more than 700 million users benefiting from these services, the network is poised for further expansion.
This growth is anticipated to increase shared resource availability and stimulate new value creation, with the community being the primary beneficiary. This creates a positive cycle, benefiting all stakeholders involved.
In addition to the development of the interoperable infrastructure network, Animoca Brands is actively involved in other projects to enhance the Web3.0 ecosystem. One notable initiative is the launch of an NFT launchpad in Japan, set to be officially launched this summer. This launchpad is open to all interested parties and forms part of Animoca’s broader strategy to promote and expand the NFT and blockchain landscape globally.
By enhancing the Mocaverse and building interconnected infrastructure, Animoca Brands is paving the way for a more integrated, efficient, and user-friendly blockchain environment. As the blockchain and crypto sectors evolve, initiatives like those of Animoca Brands play a crucial role in shaping the future landscape, fostering interoperability, and broadening access to digital assets and services for a more inclusive and dynamic Web3.0 ecosystem. The company’s forward-thinking approach and investments in infrastructure and community-building lay a solid foundation for future growth and innovation in the digital asset space. As more partners and users join the Moca network, the potential for transformative change and new value creation within the blockchain community continues to expand.