By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Animoca Brands Secures $10M for Mocaverse Web3 Infrastructure Expansion
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Crypto & Web3

Animoca Brands Secures $10M for Mocaverse Web3 Infrastructure Expansion

Nicole Kristine Jovero
Last updated: November 18, 2024 1:00 am
Nicole Kristine Jovero
Share
1 Min Read
SHARE
  • Animoca secures additional $10M to expand Web3 infrastructure development
  • Platform targets mass crypto adoption through identity and reputation systems
  • Strategic partnerships position access to over 1.1 billion potential users

Contents
Strategic Investment RoundMass Adoption InfrastructureMassive User Base Integration

Strategic Investment Round

Hong Kong’s Animoca Brands raises additional $10 million for Mocaverse, bringing total investment to $41.88 million.

The funding includes participation from major players OKX Ventures, CMCC Global, and HongShan (formerly Sequoia China), featuring MOCA Coin utility token warrants at $1 billion implied fully diluted value.

Mass Adoption Infrastructure

Mocaverse focuses on building interoperable infrastructure for consumer crypto adoption through Realm SDK development.

The platform’s recent launch of Moca ID demonstrates progress in creating on-chain

identity systems, targeting seamless integration across diverse digital ecosystems.

Massive User Base Integration

The project secures partnerships poised to onboard over 1.1 billion users, including 218 million from Anime Foundation, MyAnimeList, and One Football, plus potential access to 900 million Telegram users through TON Foundation collaboration.

These partnerships aim to bridge traditional user bases into Web3 through cultural verticals.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Singapore High Court Orders Qoo10’s Liquidation Amid Major Debt Crisis
Next Article Grab Boosts 2024 Revenue Forecast After Strong Q3 Performance

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Social Media

Reddit Files for Long-Awaited IPO

February 28, 2024
SaaS

Notion Unveils Gmail-Integrated Email Client at First User Conference

October 30, 2024
e-Commerce

Southeast Asia’s Tech Giants Face Growth Challenges Amid Market Shifts

July 3, 2024
AICulture

Beyoncé Takes a Stand Against AI in Music with ‘Cowboy Carter’

April 5, 2024
AI

Rocket Fuel for xAI: Musk’s AI Venture Skyrockets to $50 Billion

November 27, 2024
AI

Vingroup Launches VinRobotics: Robotics Revolution Begins in Vietnam

November 26, 2024
ClimateStartups

WasteX Secures $450k to Expand Biochar Solution in Indonesia

April 8, 2024
SaaS

Indonesian Startup Happy5 Sets Sights on Global Markets through Strategic Acquisition

September 16, 2024
Strategy

Derek Tan Showing Support for Those Affected by Layoffs

February 12, 2024
e-Commerce

TikTok Eyes Tokopedia Tie-Up To Resurrect Indonesia E-Commerce

February 12, 2024
Strategy

Most Managers Overly Rely on Trust Because They Aren’t Systematic Enough

April 5, 2024
AI

Musk Presses for More Tesla Control Amidst AI Concerns

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?