PANews reported on May 22 that Animoca Brands' Web3 project Mocaverse released some details of the MOCA airdrop distribution on the X platform: Moca NFTs account for 10% of the total MOCA supply distribution (31.7% of the entire network incentive distribution), with one-third unlocking at TGE (more details to be disclosed); the Moca ID airdrop will be launched in two phases; the TGE unlock for "network incentives" will increase from 15% to 20%; the upper limit of the total airdrop amount will be unlocked by the first two batches of network reward distribution (first batch - TGE unlock, second batch TGE + 1 month unlock); consideration will be given to including external communities in the airdrop distribution, including but not limited to strategic partnerships and marketing incentives, subject to final changes.

Specifically:

  • Moca NFT holders (circulating NFTs only): 10% of the MOCA supply, users need to hold NFTs at the time of the airdrop claim to be eligible, with 1/3 unlocking at TGE, 1/3 vesting weekly after 3 months, completing in 12 months, and 1/3 reserved for Moca NFTs for future incentives;
  • Moca ID holders: The airdrop for Moca ID holders will be executed in two rounds, the first round with no vesting period, and the second round after TGE, details to be announced. A minimum RP threshold will be required for airdrop eligibility (to be announced along with the mechanism closer to TGE). RP is a form of proof of participation, and the airdrop will be distributed in a non-linear manner based on participation evaluation;
  • Using network incentives: The remaining network incentives (and other network tokens) will be distributed to all participants based on the value-based mechanism of the Moca network, including MOCA holders, Moca ID, and Moca NFT holders.