Wen
$MOCA Chapter 4
The market has been boring for a while, and quite a few founders wanted to bounce ideas on delaying TGE for market liquidity reasons, and the listing dynamics is getting increasingly complex for "tier 1" projects especially after
$ZRO and
$ZK launch, validated by
$BLAST listing.
It might make sense for some other projects to delay TGE, but my personal view is that the current market is not necessarily a bad time to TGE. Big projects do not need to open at billions of dollars (= high FDV), and token unlock need to be tied to network growth.
Float is a strategy, FDV is a consequence. I asked earlier - what do we actually want? High FDV = VC Coin; Low FDV = Failed Coin?
We want
$MOCA to become the gem that you can find in this cycle, and not everything getting priced in on day 1. Listing and airdrop is only the start, and building up from there is far better than the opposite. Since when we found a gem in this cycle? (except memecoin, which is mostly day trades instead of holding the gem for at least 6 months) When was the last time you see a big secondary listing?
We might take a different liquidity provisioning strategy, and I am confident that it would work.
Moca ID Round 1 Airdrop Threshold = 1500 RP
- The rationale behind the threshold is to have a fair distribution of tokens to Moca ID users based on their contribution
- We did 9 versions of modelling and confident that 1500 RP is hard enough to reach to prove genuine participation, but low enough such that we are able to have a wide enough distribution of early believers in the Moca Network
- Apparently, no number will make everyone happy. 1499 RP = Sad, 1501 RP = Happy
- However, important to keep in mind that the first round of airdrop is not the end. You can double dip if you fulfil the criteria for Round 2, and Round 2 shall cover a broader reach of people
- Given the success of Cosmic Hunt, we are going to extend Cosmic Series as a platform, meaning that you will have ways to earn more RP by participating or even spending your RP to earn more RP
- Missions will also be resumed after TGE with our core partners
- RP doesn't end here. There is a chance where we might reset the season, but the role of RP will play a sustainable role in the Moca Network economy beta version
Moca NFT Airdrop Claim Decision
- There will be a bonus for airdrop claim if you choose the bonus route, which allow you to claim more later
- Every NFT will have tokens to be claimed before listing
- There's also a dynamic Bonus Pool and Golden Ticket system, but unfortunately no Cyber Truck (screenshot is not real numbers - for illustration only)
- XP does play a role in the amount of
$MOCA you get per NFT, however will not be a pre-dominant factor
Moca NFT is NOT a token airdrop NFT
- In the alpha version of the economy, Moca NFT has a multiplier advantage
- In the beta version of the economy, Moca NFT acts as a gate, and co-building the economy by somehow managing the economics
- NFT is not a pure airdrop asset, holders are premium tier citizens
- NFT is also the representation of culture, the face of Moca Network - our holders are built different, they are mature and intelligent - come onto Discord and check holders chat
Thanks for following until Chapter 4. It's getting closer day by day. Turn your noti on 🔊.