Moca Network, part of Animoca Brands, is launching a layer-1 blockchain that facilitates user verification without centralized platforms. The Moca Chain will function similarly to existing single sign-in options like Okta and Google Sign-In in Web2.

Key Points:

• Testnet expected to launch in Q3, with the mainnet to follow by year-end.
• Project’s token, MOCA, will support validator staking and data fees.
• Yat Siu emphasizes the importance of ownership of personal data in the project’s vision.

“Moca Chain is creating a digital ecosystem where users can finally own their data, reputations and contributions,” said Yat Siu. Translation: Moca Chain is revolutionizing personal data ownership and user validation.

The initiative reflects Animoca Brands’ commitment to advancing digital property rights through Web3 technologies.