The company with two altcoins listed on Binance has announced the altcoin it will be launching in the new market! Here are the date and details.

Animoca Brands' identity-focused ecosystem Moca Network has announced Moca Chain, a new Layer 1 blockchain network specifically designed for identity and data management.

According to the official statement, this chain enables individual control of personal identities with features such as decentralized storage, cross-chain compatibility, and privacy-preserving verification with zero-knowledge proofs (ZKP).

The testnet is planned to be launched in the third quarter of 2025, while the mainnet launch will take place in the last quarter of 2025. The native altcoin of Moca Chain, MOCA Coin, will be used for gas fees and validator operations.

Moca Chain aims to build user-centric applications and identity protocols on a shared user and data network.

The areas of use for the Moca token to be launched on the market were introduced as follows:

• Validator Staking: To ensure the security of the network and process identity transactions.
• Gas Fees: On-chain transaction costs for acquiring identity, verification, etc. (
• Verification Fees: Fees paid for the verification of identity proofs
• Data Storage: Identity documents can be reused
• Identity Oracle: Cross-chain verification bridge
• zkTLS based data generation

Animoca Brands is known as the company behind altcoins like EDU and SAND.

*This is not investment advice.

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