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Anvi Saini
Anvi Saini
Nov 20, 2024
News

MocaDrop Partners with Super Champs for $CHAMP Token Launch

MocaDrop by Animoca Brands rewards loyal $MOCA stakers with tokens like $CHAMP, integrating blockchain gaming and community-driven tokenomics through strategic staking and active participation in partner ecosystems.
MocaDrop Partners with Super Champs for $CHAMP Token Launch

Animoca Brands’ Mocaverse has launched MocaDrop, a program that rewards loyal $MOCA stakers with tokens from partner projects. The first token featured in this program is $CHAMP, the native token of the Super Champs gaming ecosystem. Through this collaboration, Mocaverse aims to strengthen loyalty among its community while introducing users to the Super Champs platform.

The $CHAMP MocaDrop features a total pool of 9,700,000 tokens. Registration opened on November 18 at 10 AM UTC and closed on November 20 at 2 AM UTC. Allocations will be revealed on November 20 at 4 AM UTC. Tokens will be airdropped to participants' staking wallets. Participants had to burn between 40,000 and 200,000,000 Staking Power to join. This ensures fair allocation while encouraging meaningful contributions to the ecosystem.

How MocaDrop Works

MocaDrop requires participants to burn Staking Power to gain access to tokens. The distribution depends on the percentage of total Staking Power burned by each participant. For example, if you burn 5% of the total, you receive 5% of the token pool. This mechanism ensures fairness and rewards active users.

Participants can monitor their token allocations and activities via the MocaDrop dashboard. This dashboard shows registered projects, tokens earned, and staking history. Once burned, Staking Power cannot be recovered, so participants must consider their decisions carefully.

Super Champs is a blockchain gaming platform created by experienced Disney, EA, and Zynga developers. The project includes media extensions like animated films, comics, and graphic novels. This transmedia approach creates a richer ecosystem, giving players more ways to engage.

$CHAMP: The Token Driving Super Champs

The $CHAMP token plays a central role in the Super Champs ecosystem. It serves three key functions:

  1. Purchases: Players use $CHAMP to buy in-game assets, premium content, and services.
  2. Community Engagement: Users earn rewards through quests and events that promote ecosystem growth.
  3. Governance: The token allows users to participate in decision-making about the platform’s development.

$CHAMP empowers users by blending utility and ownership, creating a decentralized and inclusive ecosystem.

How to Join the $CHAMP MocaDrop

Joining the $CHAMP MocaDrop is straightforward. Participants must connect their wallets holding $MOCA Staking Power. After selecting the Super Champs project card, they review its details and decide how much Staking Power to burn. The burned amount must fall between the minimum and maximum thresholds.

Once confirmed, Staking Power is burned, and participants are registered for the token drop. The MocaDrop dashboard provides real-time updates on token allocations and registration history. This simple process ensures transparency while rewarding active participants.

Tokenomics and Launch Model

The $CHAMP tokenomics prioritize fairness and sustainability. Sixty percent of the token supply supports ecosystem growth, staking rewards, and gameplay incentives. Super Champs has moved away from traditional models with high Fully Diluted Valuation (FDV) and low float.

To ensure accessibility, Super Champs partnered with Aerodrome, a decentralized exchange (DEX). Most token allocations unlock at launch, except for team shares, which are subject to regulatory compliance. This transparent approach strengthens community trust while avoiding speculative imbalances.

Staking Power

Staking Power is the backbone of Mocaverse and MocaDrop. It determines a participant's eligibility and share in token launches. Users with higher burned Staking Power receive larger shares of the token pool.

Staking Power also reflects a user's tier in the Mocaverse ecosystem. Higher tiers grant access to more rewards and exclusive opportunities. However, once burned, Staking Power cannot be reversed. This underscores the need for strategic planning.

Rewards Beyond Tokens

$CHAMP is also integrated into programs that promote community growth and loyalty. Seasonal quests and metagames incentivize users to engage actively with the ecosystem. These programs reward creativity, participation, and on-chain activity, fostering a strong sense of community.

By focusing on engagement, the platform builds long-term relationships with its users. This approach ensures the ecosystem remains dynamic and sustainable. For info on how you can complete enough missions as fast as possible, be sure to check out this detailed Medium guide

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 20 Nov, 2024 09:32 • Updated: 20 Nov, 2024 10:09
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