MocaPortfolio, a platform offering the Moca Network community disclosure to token allotments from ‘Animoca Brands’ portfolio projects, is now live streaming. The main purpose of Magic Eden Token ($ME) is to educate users about the ‘Animoca Brands’ ecosystem tokens.
MocaPortfolio has allotted US$20 million worth of tokens from projects in Animoca Brands’ ecosystem. This is the first drop from the list of planned drops on MocaPortfolio, with further tokens from projects from within Animoca Brands’ ecosystem will come soon in the future.
MOCA Stakers Get Access to $ME Token Drop via MocaPortfolio
The inauguration ceremony of the MocaPortfolio drop will be followed according to the plan. This systematic plan includes: featured projects of Magic Eden ($ME) token with total allocation of 2,195,000 ME, and registration window starting from Dec 18, 13:00 UTC- Dec 29, 01:00 UTC. Moreover, the eligibility criteria allow MOCA stakers can burn between 5,000-20,000,000 Staking Power to participate.
In addition, MocaPortfolio permits a flexible mechanism in which ME tokens will be divided on a proportional basis according to the amount of Staking Power burned by each participant. Moreover, MocaPortfolio also gave clear instructions for participants to take part in.
MocaPortfolio Opens Magic Eden Token Drop to Existing and New MOCA Stakers
Through this strategy, existing MOCA Stakers can review by visiting the above link to enter the Magic Eden token drop. There is a fast pathway option open for new participants: staking 57,870 MOCA tokens for only 24 hours will empower the participants with enough Staking power to join the Magic Eden token drop.
In this scenario, Kenneth Shek, Project Lead of Moca Network, expressed his views. He said, “MocaPortfolio is curated with tokens in Animoca Brands’ portfolio to help portfolio projects grow token distribution, and to enable token holders to accumulate a collection of tokens and grow along with their chosen projects. Holding MOCA gives the holders the ability to build up their own portfolios along the principles that Animoca Brands uses for its own ecosystem of token investments.”
