SK Planet Adopts Moca ID Tech, Acquires $MOCA for 28M users

TheCryptoTimesPublicado em 2025-10-02Última atualização em 2025-10-02

SK Planet, a subsidiary of South Korea’s second-largest conglomerate SK Group, has announced its adoption of Moca Network’s decentralized identity infrastructure, marking a significant shift toward on-chain data ownership at scale. The company will also acquire MOCA Coin (MOCA) on the open market to support its integration, which will extend Moca’s AIR Account and AIR Identity systems to SK Planet’s 28 million users and 95,000 merchants.

The move brings zero-knowledge proof (zkproof) verification tools to SK Planet’s digital ecosystem, allowing users to verify their identities with explicit consent while keeping control of their personal data. Verified credentials will be interoperable across the broader AIR Kit ecosystem, offering new utility beyond SK’s own platforms.

SK Planet’s integration enables merchants to perform user data verification securely and privately, eliminating the need for centralized storage or third-party brokers. Kyosu Kim, Chief Business Officer at SK Planet, emphasized that this shift is not just about user rewards via MOCA Coin, but a larger alignment with global standards on privacy and identity sovereignty.

Kenneth Shek, Project Lead at Moca Network, said SK Planet’s integration of AIR Kit and zero-knowledge proofs highlights how decentralized identity can be scaled across large consumer platforms. He emphasized that enabling merchant-side verification with user consent reflects a practical model for combining privacy with utility in real-world digital ecosystems

Moca ties SK Planet and AIR Shop into Web3 identity push

The announcement follows the successful rollout of SK Planet’s OKI Club with AIR Wallet earlier this year and signals a continued shift away from Web2 data models. It also strengthens Moca Network’s enterprise momentum ahead of the launch of AIR Shop, a loyalty platform developed with Spree Finance and BookIt.com.

AIR Shop, set to go live later this year, will merge identity verification via AIR Kit with blockchain-backed loyalty points (AIR SP). The platform enables users to earn stablecoin-backed rewards worth up to 30% of purchases across travel, retail, and entertainment. SK Planet’s latest adoption of Moca tools now directly aligns its ecosystem with this next wave of verifiable, cross-platform Web3 commerce.

Moca Network is linking digital identity with blockchain rewards through partnerships like SK Planet and AIR Shop, aiming to scale verifiable on-chain access. With SK’s ecosystem now integrated, its Web3 identity strategy gains significant real-world traction.

Also read: Republic Brings Animoca Brands Private Shares to Solana Blockchain


Mobile Only Image

Leituras Relacionadas

How Risky is the "Death Spiral" of MSTR and STRC?

Summary: This article explores the perceived "death spiral" risk between MicroStrategy (MSTR), its Bitcoin holdings, and its perpetual preferred stock (STRC), drawing comparisons to the LUNA-UST collapse. While both systems feature price anchors, high yields for holders, and potential feedback loops, their core mechanisms differ fundamentally. The MSTR-STRC structure relies on continuous financing to sustain its high dividend payouts, primarily through stock ATM offerings. A negative feedback cycle could occur: falling MSTR stock price makes raising equity capital harder, increasing pressure to sell Bitcoin, which undermines STRC confidence and further depresses MSTR. However, unlike LUNA-UST's automated, direct linkage, the MSTR-STRC loop is weaker and has brakes: STRC dividends can be deferred or rates lowered, and STRC holders have a $100/share liquidation preference in bankruptcy, providing a price floor. The company's sustainability hinges on its ability to continue financing. Its current ~$900 million USD reserves cover only about 6.3 months of its ~$1.71 billion annual interest/dividend burden. The next six months are critical, aligning with both the potential bottom in Bitcoin's four-year cycle and the depletion timeline of its reserves. While a LUNA-style catastrophic collapse is deemed highly unlikely due to structural differences, the key question is whether MicroStrategy can navigate this period through healthy deleveraging to restart its capital engine.

Foresight NewsHá 17m

How Risky is the "Death Spiral" of MSTR and STRC?

Foresight NewsHá 17m

How Much Debt Does Strategy Really Have? Is There a Risk of Implosion?

MicroStrategy's Debt Risk: A Turning Point in the "Never Sell" Strategy As of June 3, 2026, MicroStrategy holds 843,706 bitcoins (valued at ~$53.1B) but faces significant financial obligations. Its capital structure includes $6.75B in convertible notes and $15.48B in perpetual preferred stock (led by the $8.5B STRC series), creating an annual payout burden of ~$1.71B. With software revenue at only ~$500M, interest and dividend obligations far exceed operating income. A critical shift occurred in late May 2026 when the company sold 32 bitcoins for ~$2.5M to cover dividends, breaking CEO Michael Saylor's long-standing "never sell" pledge. This symbolic move triggered a sharp decline in both Bitcoin's price and MSTR stock, reflecting market fears about cash flow sustainability. The core of the strain is the STRC perpetual preferred stock, designed as a "permanent loan" with no maturity date but requiring high monthly dividends (currently 11.5%). Its business model relies on a three-part cycle: issuing new STRC shares, using proceeds to buy more Bitcoin and fund a USD reserve, and using that reserve to pay dividends. This cycle depends on continuous investor demand for STRC and Bitcoin's price appreciation. Analysis shows Bitcoin needs to appreciate at least 2.3% annually to cover the $1.71B in yearly obligations at current holdings. With Bitcoin price down ~22% from March 2026 highs, this pressure has intensified. The company's $900M USD reserve can only cover about 7 months of payments if STRC issuance stalls. Key risks are not immediate bankruptcy or forced Bitcoin liquidation (as BTC is not collateral), but rather: 1) The erosion of MSTR's premium to its Bitcoin holdings (mNAV), which would cripple its ability to raise cheap capital; 2) A vicious cycle where stagnant Bitcoin prices reduce STRC demand, draining the USD reserve and forcing BTC sales, further depressing prices. The period from February 2027 to September 2028 is a crucial test, with over $5.9B in convertible notes facing put options or maturity. In essence, MicroStrategy has evolved from a simple Bitcoin holder into a complex financial entity acting like a "private Bitcoin bank," leveraging its BTC holdings to create layered financial products. Its survival depends on maintaining Bitcoin's price trend, its stock premium, and market appetite for its preferred shares. The recent token sale marks not a betrayal of its Bitcoin thesis, but an admission that the leveraged strategy must eventually be paid for.

marsbitHá 27m

How Much Debt Does Strategy Really Have? Is There a Risk of Implosion?

marsbitHá 27m

Anthropic Cries Wolf: Is the AGI Threat Real, or Just an IPO Story?

Anthropic has published an article titled "When AI builds itself," discussing the emerging concept of "recursive self-improvement," where AI begins to actively participate in designing, training, testing, and optimizing its own subsequent versions. The company presents internal data showing that by May 2026, over 80% of code merged into its codebase was written by Claude, its AI model. Claude's capabilities have expanded to handling complex, open-ended engineering tasks, achieving a 76% success rate in such areas, and even contributing to research processes, such as optimizing code performance and conducting AI safety experiments. Anthropic outlines an evolution from human-driven development to AI-assisted workflows, culminating in the current stage where AI agents can autonomously write, run, and delegate code. The company cautions that the path toward a "closed loop," where AI continuously improves itself, is becoming visible. It calls for coordinated global mechanisms to potentially slow or pause frontier AI development to allow safety research and societal structures to catch up. However, the timing of this warning coincides with Anthropic's preparations for an IPO, framing the narrative not just as a safety concern but also as a demonstration of Claude's advanced capabilities and its integral role in accelerating Anthropic's own R&D—creating a potential "flywheel" effect for competitive advantage. This contrasts with OpenAI's recent, more policy-oriented discussion of the same risks, highlighting the competitive dynamics in the AI industry as companies position themselves in both the technological and regulatory landscape.

marsbitHá 1h

Anthropic Cries Wolf: Is the AGI Threat Real, or Just an IPO Story?

marsbitHá 1h

Trading

Spot
Futuros

Artigos em Destaque

Como comprar MOCA

Bem-vindo à HTX.com!Tornámos a compra de Moca Coin (MOCA) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Moca Coin (MOCA) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Moca Coin (MOCA)Depois de comprar o teu Moca Coin (MOCA), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Moca Coin (MOCA)Transaciona facilmente Moca Coin (MOCA) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

267 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Como comprar MOCA

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de MOCA (MOCA) são apresentadas abaixo.

活动图片