Animoca Brands Japan and KDDI, a Japanese telecom provider, have partnered to encourage the adoption of Web3 via Mocaverse and a platform named αU (Alpha U).
The partnership will integrate the Mocaverse’s Moca ID with the αU wallet, allowing αU wallet users to access Web3 content such as games and entertainment within the Mocaverse ecosystem. Other plans include selling NFTs linked to the Web3 game Phantom Galaxies on the NFT market, αU.
Mocaverse, which was Animoca Brands’ initial membership NFT project, now features an interoperable infrastructure layer encompassing account, identity, reputation, and PointFi systems. Since the launch of Moca ID in November 2023, Mocaverse has recorded over 750,000 on-chain users.
Analyst QuickTake: Mocaverse has been a focal point for Animoca Brands' most recent funding rounds. The company raised USD 20 million in September 2023 to launch the Mocaverse platform and a further USD 11.9 million in December 2023 to expedite the development of a digital identity and point system for Web3 gaming, culture, and entertainment in the Mocaverse.
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