💰💰A Company With Two Altcoins Listed on Binance Has Announced the New Altcoin It Will Launch! Here Are the Date and Details 💰💰

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

According to the official statement, Moca Chain will ensure that personal identities are fully controlled by users with features such as decentralized storage, cross-chain compatibility, and privacy-preserving zero-knowledge proofs (ZKP).

The testnet is scheduled to start in the third quarter of 2025, with the mainnet launch planned for the last quarter of 2025. The native token of Moca Chain, MOCA Coin, will be used for gas fees and validator operations on the network.

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

The use cases of the introduced Moca token are as follows:

Validator Staking: Ensuring network security and conducting identity transactions.

Gas Fees: Transaction costs on the chain (identity acquisition, verification, etc.)

Verification Fees: Fees paid for the verification of identity proofs.

Data Storage: Storing identity documents in a reusable manner.

Identity Oracle: A bridge service that provides cross-chain verification.

zkTLS-based data generation.

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

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