Mocaverse Forms Partnerships With Halo Wallet, OKX and Crypto.com for Moca ID Ecosystem Expansion

Animoca Brands’ membership network Mocaverse has announced 3 new strategic partnerships with OKX Wallet, Crypto.com DeFi Wallet and the Halo Wallet in an effort continue growing the Moca ID ecosystem by connecting CeFi (centralized finance) with the on-chain Web3 world.

Partnership Details

Mocaverse is aiming to integrate its newly-released Moca ID with the 3 above mentioned self-custodial wallets. By doing so, the developers will “foster user growth” by having the new decentralized identity system serve as “the gateway for users to seamlessly explore various Web3 cultural experiences,” thus creating a more accessible onboarding path to the ecosystem of Animoca’s membership project.

Kenneth Shek, the project lead of Mocaverse, said the following in the press release:

“We’re incredibly excited to announce the formation of partnerships with OKX Wallet, Halo Wallet, and Crypto.com Wallet, some of the leading wallet providers in Web3. This partnership encompasses the values and mission we set out when we envisioned Moca ID, which is to make interoperability a new standard to onboard new users and redefine the Web3 network effect through the Mocaverse Partner Network.”

Users of these partnered wallets are set to be given the opportunity to claim unique Moca IDs in-app, allowing them to access the Mocaverse ecosystem and enjoy the entertainment and cultural experiences available within. By being a Moca ID holder, users have a chance of earning Realm Points. Users need to not only have a Moca ID but it’s also necessary to participate and engage in partner ecosystems and experiences in order to earn Realm Points, which can then be redeemed for real-life rewards and benefits awarded by Animoca Brands and Mocaverse.

The chief innovation officer of OKX, Jason Lau, added:

"OKX Wallet is the best way to discover and explore the growing realm of Web3 gaming, culture, and entertainment experiences. Our collaboration with Mocaverse to support Moca ID gives our users the seamless experience and interoperability they've come to expect from OKX Wallet. This integration is just the beginning, and we can't wait to work with the Animoca Brands and Mocaverse teams to bring more users into Web3.”

According to the announcement, activations and marketing initiatives with every partner are planned to take place in this Q1 2024.