For the Love of the Game (Market Commentary) |
By now you’ve surely heard the term “metaverse”. In early 2022, the word was inescapable, with builders and brands scrambling to release their own metaverse. To date, few have yet to materialize, but don’t let the current news cycles
convince you it was all just talk. The builders are building, and the metaverses are coming in a big way. This week, Animoca Brands kicked off its very own metaverse called Mocaverse, where their friends and family (aka world-class leaders and builders of NFTs) will soon collaborate in an open ecosystem to shape the future of
Web3 In total 8,888 colorful new characters called Mocas quickly sold out to minting shareholders, partners, and friends who just couldn’t wait to claim their keys to the Mocaverse. From there, traders took to the secondary markets to collect and make clear the demand for what Animoca had to offer. Mocaverse
NFTs have firmly placed themselves in the top 5 collections of the week on the NFT Collections Ranking leaderboard and considering what’s on the horizon, I’m expecting to see them there often. Animoca’s vision for the Mocaverse is as impressive as it is ambitious, so let’s break down a few key components of this metaverse. Each Moca NFT will act as an access token to the Mocaverse universe, unlocking activities and perks across themed Mocaverse
realms. - Students of Web3 will find their space in
the Learn realm, which plans to deliver AMAs with industry experts and masterclasses
- Budding blockchain professionals can connect in the Build realm to access Animoca’s accelerator program
- The Do Good realm will be a hub for organizing and contributing to social causes
- Gamers can access game passes and assets in the Play
realm
Demonstrating its expertise
in Web3 throughout the Mocaverse collection, Animoca shows how much they understand the audience and have packed its ecosystem with exactly the utilities that collectors value. A taste of the future of transacting and interoperability was also on display, with Animoca giving collectors the option to mint their NFTs with one of thirteen different payment tokens. Capping off the mint experience, collectors were able to select a variety of “traits” that will influence the tribe their Moca character will belong to. When it comes to who will live and build in the Mocaverse, Animoca understands that to build the best open metaverse, you need the best builders in your world. To that end, they have brought some of Web3’s finest into their ecosystem
including the Co-Founders of both The Sandbox Game and Axie Infinity, along with Animoca’s family of over 380 projects. For years, Animoca Brands’ Yat Siu has been pioneering the digital ownership movement as a thought leader, investor, and innovator. Now is his time to shine in a new role as a builder of a world where the promise of what can be done with
digital ownership comes to fruition. MEGA GMs and I’ll see you in the Mocaverse soon! Date – Mar 11 Blockchain – Immutable X Price – $60 USD Date – Mar 14 - 15 Blockchain – Polygon Price – 100 $SAND Date – Mar 21 Blockchain – Ethereum Price – TBA Date – Mar 21 Blockchain – Palm Price – $25 USD - $200 USD |
The term “open metaverse” refers to a persistent digital world where digital assets are owned (usually as NFTs) and become interoperable between platforms, stores, locations, etc. Ideally, the open metaverse is more decentralized than the
traditional idea of a metaverse and allows for greater connectivity and freedom for those who participate. With many metaverses on the horizon, it’s best to be prepared for the opportunities that will follow. Happy researching! Received this from a friend? Sign up for this twice-a-week CryptoSlam VIP newsletter. |
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