币界网报道:Moca Network, the identity ecosystem under Web3 investment leader Animoca Brands, announced plans to launch a layer-1 blockchain called Moca Chain that enables cross-chain user verification without centralized platforms. The testnet will launch in Q3 2024 with mainnet following by year-end, according to the Moca Foundation. The native MOCA token, used for staking and data verification fees, surged 6% to $0.077 post-announcement. Animoca Brands confirmed Moca Network as a flagship project fully staffed by its team, central to its Web3 digital property rights strategy. Founder Yat Siu stated: "Moca Chain creates an ecosystem where users own their data, reputations and contributions - aligning with our mission to advance digital property rights through NFTs and memecoins."