The Web3 Mocaverse (MOCA) project, created by gaming company Animoca Brands, announced the start of an airdrop of MOCA coins. Starting July 11, Moca and Moca ID non-fungible token (NFT) holders will be able to receive their airdrops.

The MOCA token distribution for Moca NFT holders is divided into three parts. One third is allocated at the time of token creation (TGE), the other portion begins arriving weekly for almost a year starting three months after the TGE, and the remainder is set aside for future Moca NFT related incentives.

Moca ID holders will go through two airdrop rounds. A minimum of 1500 Realm Points (RP) is required to participate in the first round. A level system has been introduced depending on the RP balance, the distribution of tokens varies by level. The second round is aimed at expanding the audience, details on participation criteria are expected soon.

MOCA coin is a multi-chain token introduced by the Moca Foundation. 53% of the MOCA coin supply is dedicated to the community. Mocaverse integrates MOCA Coin to power the Moca Network, supported by an ecosystem of over 450 companies. With MOCA Coin, users can interact with decentralized applications (dApps) on the Moca network.