Magic Eden Partners with Mocaverse for MagicMoca NFT Platform

Mocaverse and Magic Eden have announced their partnership to launch MagicMoca, a new NFT launchpad. This platform will be exclusive to the Moca fam, with a special focus on showcasing curated gaming and IP projects. For those who may not know, Mocaverse is the flagship web3 platform from Animoca Brands, designed to provide users with a seamless on-chain experience.

MagicMoca: A New Era for NFTs

MagicMoca will be the first co-branded NFT launchpad by Mocaverse and Magic Eden. It will spotlight high-quality projects from sectors like gaming, sports, and culture. Holders of Moca NFTs, Moca IDs, and MOCA Coins will have early access to these launches. This joint venture combines the Moca Network's scale with Magic Eden's reputation, bringing premium NFT projects to both communities. 

With that, the new launchpad will act as a hub for upcoming NFT projects from Animoca Brands' portfolio, which includes over 540 on-chain projects. This partnership seeks to increase user engagement and showcase the future of web3-based collectibles.

MOCA Coin: The Go-To Currency

Notably, MOCA Coin will be used as the main currency for sales on the platform. This means users can buy and trade NFTs on Magic Eden using MOCA Coin. Magic Eden will also integrate Mocaverse products to allow Moca ID users to take part in curated NFT launches and build their on-chain reputation.

The move will open up new financial incentives for Magic Eden users. Through its native Rewards program, the platform plans to offer Diamond boosts to those who list or purchase MagicMoca NFTs on Magic Eden. This could greatly drive participation and increase engagement with the MagicMoca platform.

Vision from the Leaders

Jack Lu, the CEO and co-founder of Magic Eden, expressed excitement about the launch. He said, "It's been a great experience partnering with Mocaverse and bringing this launchpad to life. Our priority will always be to push boundaries on how to expand the world of NFTs, so tapping into innovative collaborations with Mocaverse and unlocking access to the Animoca Brands ecosystem is a huge asset for both of our communities."

Kenneth Shek, Mocaverse Lead, emphasized their shared vision. "Mocaverse welcomes Magic Eden to the Moca Network, where we share the same vision to accelerate consumer crypto by using NFTs as the touchpoint for day to day consumers," said Shek. "Together, Mocaverse and Magic Eden will tap into Mocaverse's network effect and curate only the best projects launching NFTs exclusively for both communities."

A Milestone in Web3 Adoption

This joint effort is not just about a new NFT marketplace; it's about taking a huge step toward web3 adoption. The Moca Network plans to onboard users by providing them with easy access to various web3 applications, all through a single login. Mocaverse's Realm SDK will be at the center of this, allowing users to manage wallets, IDs, and reputations seamlessly.

Magic Eden's cross-chain compatibility is another big win for users. As more chains are integrated, users will enjoy the perks of omni-chain NFT trading. This will help MagicMoca stand out in the dynamic NFT market, which continues to grow rapidly.

The MagicMoca Launch

MagicMoca will go live in Q3 2024, offering the first batch of curated NFTs from the combined efforts of Mocaverse and Magic Eden. As the launch approaches, users are encouraged to follow Mocaverse on X, Medium, and Discord for the latest updates.

About Mocaverse and Magic Eden

Mocaverse, backed by Animoca Brands, is quickly becoming the go-to platform for web3 users. With over 540 portfolio companies, Animoca Brands is a leader in on-chain innovation. Mocaverse seeks to simplify and expand blockchain use through the Moca Network. This network is a collection of tools, products, and experiences that allow users to explore web3 with ease. 

Magic Eden, on the other hand, is a top cross-chain NFT platform. The marketplace is well known for its ease of use and vibrant community. With a focus on minting and collecting unique NFTs, Magic Eden has built a solid reputation in web3.