MocaPortfolio Goes Live, Launches First Token Drop With Magic Eden (ME)

TheNewsCryptoPublished on 2025-12-20Last updated on 2025-12-20

Abstract

MocaPortfolio, a platform providing the Moca Network community access to token allocations from Animoca Brands’ portfolio projects, is now live. Its first token drop features the Magic Eden (ME) token, with a total allocation of 2,195,000 ME. Eligible participants include MOCA stakers who can burn between 5,000–20,000,000 Staking Power to participate. The registration window runs from December 18, 13:00 UTC to December 29, 01:00 UTC. New users can use a fast-track option by staking 57,870 MOCA tokens for 24 hours. Moca Network aims to build a chain-agnostic decentralized identity ecosystem and unites over 600 portfolio companies and 700 million targeted customers.

MocaPortfolio, a platform that provides the Moca Network community with access to token allocations from Animoca Brands’ portfolio projects (for more information, read the release made on September 3, 2025), is now live at https://www.mocaverse.xyz/mocaportfolio. It is currently possible to purchase the Magic Eden token (ME), which is the first featured token of MocaPortfolio. More information on the first drop can be found below.

MocaPortfolio has set aside tokens worth twenty million dollars that come from initiatives that are part of the ecosystem of Animoca Brands. Additional tokens from projects inside Animoca Brands’ ecosystem are going to be disclosed in the future, and the Magic Eden token drop is the first of many scheduled drops that will take place on MocaPortfolio.

The following is a list of the specifics of the first MocaPortfolio drop:

  • Featured project: Magic Eden (ME) token
  • Total allocation: 2,195,000 ME
  • Eligibility: MOCA stakers can burn between 5,000-20,000,000 Staking Power to participate
  • Registration window: Dec 18 13:00 UTC – Dec 29 01:00 UTC

Distribution mechanism: Flexible Mode — There will be a proportionate distribution of ME tokens across the participants, with the amount of Staking Power burned being taken into account.

To participate:

Mocaverse.xyz/mocaportfolio/project/magic-eden is where the existing MOCA Stakers may visit in order to participate in the Magic Eden token drop.

In order to participate in the Magic Eden token drop, new players have the opportunity to take advantage of a fast-track option. This option involves staking 57,870 MOCA tokens for a period of just twenty-four hours. It is possible to instantly start producing Staking Power by staking MOCA tokens and/or Moca NFTs via the mocaverse.xyz/stake website.

Kenneth Shek, project lead of Moca Network said:

“MocaPortfolio is curated with tokens in Animoca Brands’ portfolio to help portfolio projects grow token distribution, and to enable token holders to accumulate a collection of tokens and grow along with their chosen projects. Holding MOCA gives the holders the ability to build up their own portfolios along the principles that Animoca Brands uses for its own ecosystem of token investments.”

Moca Network is in the midst of building the world’s biggest chain-agnostic decentralized identity network. This network comes equipped with a privacy-protected infrastructure for identity verifications, as well as the capacity to interoperate users and data across different ecosystems and businesses. Over 600 portfolio firms, over 700 million targeted customers, and a wide variety of corporate partners are all brought together by Moca Network, which is the top identity ecosystem that was developed by Animoca Brands. The MOCA Coin serves as both the utility token and the governance token for the Moca Network.

TagsAltcoinBlockchain

Related Questions

QWhat is MocaPortfolio and what is its primary function?

AMocaPortfolio is a platform that provides the Moca Network community with access to token allocations from Animoca Brands’ portfolio projects. Its primary function is to help these portfolio projects grow their token distribution and enable token holders to accumulate a collection of tokens.

QWhich token is featured in the first MocaPortfolio drop and what is the total allocation?

AThe first featured token is the Magic Eden (ME) token, with a total allocation of 2,195,000 ME.

QWhat is the eligibility requirement for existing MOCA stakers to participate in the Magic Eden token drop?

AExisting MOCA stakers can participate by burning between 5,000 and 20,000,000 Staking Power.

QWhat is the 'Flexible Mode' distribution mechanism for the token drop?

AFlexible Mode is a proportionate distribution of ME tokens across participants, with the amount of Staking Power burned being taken into account.

QHow can a new user quickly gain eligibility to participate in the Magic Eden token drop?

ANew users can take advantage of a fast-track option by staking 57,870 MOCA tokens for a period of twenty-four hours to instantly start producing Staking Power.

Related Reads

US Stocks Suffer Worst Plunge Since 2025: Three Triggers Ignite Tech Stock Valuation Reset

The US stock market experienced its most severe sell-off since the 2025 tariff crisis on June 5th, 2025. The Nasdaq Composite plummeted 4.18%, the S&P 500 fell 2.64%, and the Dow Jones dropped 695 points. The panic stemmed from three converging factors. First, Broadcom's earnings report ignited fears of a slowdown in AI growth. While its AI chip revenue surged 143% YoY to $10.8B, its Q3 AI revenue guidance of $16B fell short of the $17.2B consensus. This triggered a massive sector-wide sell-off, with the Philadelphia Semiconductor Index crashing 10.26% and semiconductor stocks losing roughly $1.3 trillion in market value in a single day. Second, a shockingly strong May jobs report crushed hopes for Federal Reserve rate cuts. Non-farm payrolls added 172,000 jobs, doubling expectations. This robust data, combined with persistently high oil prices above $92/barrel due to the ongoing Iran war and blockade of the Strait of Hormuz, drastically increased market expectations for a potential Fed rate hike instead of a cut. Higher interest rates compress the valuations of growth-heavy tech stocks. Third, the prolonged Iran conflict continues to fuel inflationary pressures, complicating the Fed's policy decisions and undermining the "inflation is tamed" narrative. Together, these events challenged the twin pillars of the market rally: the "limitless AI growth" story and expectations for imminent monetary easing. The sell-off spread globally, impacting Asian and European markets and cryptocurrencies. The article posits this is likely a severe "valuation repricing" rather than the end of the AI story. The underlying demand for AI remains strong, but investor expectations for growth speed and the prices they are willing to pay are being recalibrated. Key upcoming factors include the June FOMC meeting, future AI company earnings, and developments in the Iran conflict.

marsbit3h ago

US Stocks Suffer Worst Plunge Since 2025: Three Triggers Ignite Tech Stock Valuation Reset

marsbit3h ago

From Madison Square Garden to Kalshi: Prediction Markets Break into the NBA Finals

From Madison Square Garden to Kalshi: Prediction Markets Break into the NBA Finals Prediction markets are playing a significant role in the 2026 NBA Finals, particularly around the New York Knicks' unexpected 2-0 series lead. Platforms like Kalshi and Polymarket have seen massive trading volumes, exceeding hundreds of millions of dollars on championship and related markets. Their influence extends beyond online trading. Kalshi's official partnership with Madison Square Garden has given it prominent physical branding at the arena. Furthermore, local businesses like The Jeffrey bar are using prediction market contracts to hedge the risk of game-result-based promotions, turning potential losses into manageable costs—a concept similar to the famous "Mattress Mack" strategy from traditional sports betting. These markets differentiate themselves by offering a wider, more entertainment-focused range of "event contracts" beyond typical game outcomes, such as predicting celebrity attendance. They also have broader accessibility across the U.S. compared to age- and location-restricted traditional sportsbooks. However, their rapid integration into sports raises regulatory and ethical questions. The NBA is cautiously engaging, discussing integrity frameworks with regulators like the CFTC. While the league permits minor investments like Giannis Antetokounmpo's stake in Kalshi, it advocates for strict rules to prevent insider trading. Many fans express concern on platforms like Reddit, fearing that the close ties between prediction markets, the league, and players could compromise the game's integrity. The NBA Finals has thus become a high-stakes testing ground, showcasing prediction markets' commercial potential while challenging traditional boundaries between financial trading, entertainment, and gambling.

marsbit5h ago

From Madison Square Garden to Kalshi: Prediction Markets Break into the NBA Finals

marsbit5h ago

Recursive Self-Improvement AI Gains Traction, Google Pours Cold Water, While DeepSeek and Others Approach the Fringes

The term "recursive self-improvement" (RSI), where AI improves itself autonomously, is gaining momentum in the AI industry. Startups like Recursive Superintelligence and projects such as Andrej Karpathy's Auto-Research aim to create systems where AI designs, implements, and validates its own research, moving toward superintelligence. While Google CEO Sundar Pichai cautions that such exponential acceleration is not yet a reality, progress is evident. For instance, Anthropic reported its Claude Code writes nearly 100% of the team's code, though it still lacks true self-direction. Analysts frame RSI development in stages: "adequacy" (systems functioning without humans), "parity" (matching human research quality), and "supremacy" (exceeding human-AI collaboration). Reaching parity could trigger rapid, unpredictable advancement due to AI's continuous operation. In China, companies like DeepSeek and Baidu incorporate self-optimization techniques without explicitly branding them as RSI, focusing on algorithmic efficiency and reinforcement learning. However, challenges remain, including "model collapse" from training on AI-generated data and the immense computational and open-collaboration requirements. Ultimately, RSI represents a trend of increasing automation in AI development, potentially reducing human oversight in the creation process itself.

marsbit5h ago

Recursive Self-Improvement AI Gains Traction, Google Pours Cold Water, While DeepSeek and Others Approach the Fringes

marsbit5h ago

Trading

Spot
Futures

Hot Articles

How to Buy MAGIC

Welcome to HTX.com! We've made purchasing MAGIC (MAGIC) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy MAGIC (MAGIC) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your MAGIC (MAGIC)After purchasing your MAGIC (MAGIC), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade MAGIC (MAGIC)Easily trade MAGIC (MAGIC) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

4.5k Total ViewsPublished 2024.03.29Updated 2026.06.02

How to Buy MAGIC

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of MAGIC (MAGIC) are presented below.

活动图片