Introduction to $MOCA
Last updated
Last updated
$MOCA is the token that powers the Moca Network, an interoperable consumer network of partner “subnets” and their corresponding users.
“The whole is greater than the sum of its parts” - Aristotle
The $MOCA token is the underlying resource that powers the network effect and brings all cultural economies together; including key pillars such as music, sports, gaming, education, IP, and more, regardless of any VMs, L1 and L2 chains.
$MOCA serves as a utility and governance token within the network, ensuring that all participant’s incentives are aligned:
Partners contribute $MOCA to the network as “operators” of the network sharing the public infrastructure and bootstrap growth and audience through cross-pollination.
Users can pay in $MOCA to participate in activities and earn $MOCA based on their loyalty (actions) and reputation (strength) within the network.
Users can spend $MOCA to gain early access to purchase digital assets (where eligible) and in-product items offered by the Partner Network, to onboard and participate in experiences.
Users can spend $MOCA to access privileges and advantages in the network of a reputation-based economy.
Users and Partners can spend $MOCA as “gas” fees to adopt network infrastructure, consume products and services, and access the Moca Network.
In this litepaper, we explore $MOCA's specifications, tokenomics, and how governance works for the Moca DAO. We discover real-world use cases and partnerships that demonstrate $MOCA's impact across communities, striving towards the vision of being:
“1 $MOCA to unite all cultures”