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Sneak peek into $MOCA airdrop distribution 🪂🪂🪂
Co-announced by @MocaverseNFT x @MOCAFoundation
TL;DR:
- Moca NFT has 10% of total $MOCA supply allocation (i.e. 31.7% within entire Network Incentives allocation), and 1/3 will be unlocked at TGE (more details to be disclosed)
- Moca ID airdrop will be rolled out in 2 separate phases
- Increased TGE unlock of “Network Incentives” from 15% to 20%
- Maximum of total airdrop amount will be capped by the first 2 tranches of Network Incentives allocation unlock (1st - TGE unlock, 2nd - TGE + 1 month unlock)
- Considering to include external communities in airdrop distribution, including but not limited to strategic partnerships and marketing incentives
- Subject to final changes
MORE DETAILS & BREAKDOWN 👇🏻
Moca NFT Holders 👁️ (Circulating NFTs only):
10% of $MOCA supply
- 1/3 Unlocked at TGE
- 1/3 Weekly vested for 12 months after 3 months
- 1/3 Reserved exclusively for Moca NFT for future incentives
You need to hold the NFT at the point of airdrop claim to be eligible
Moca ID Holders 🪪:
Airdrop to Moca ID Holders will be executed in 2 rounds 👇
- Round 1 (at TGE): NO vesting
- Round 2 (post-TGE): Details TBA
There’ll be a minimum RP threshold for airdrop eligibility, which will be announced closer to TGE along with the mechanism
Again, the more RP you have, the more $MOCA you earn. RP is a form of proof-of-engagement, and airdrop will be distributed in a non-linear manner based on evaluation of participation
Use of Network Incentives:
The remaining Network Incentives (and other network tokens) will be distributed following the Moca Network’s value-based mechanism to all participants: 1) $MOCA holders 2) Moca ID 3) Moca NFT Holders
More details to come after TGE 👀
$MOCA airdrop at TGE marks only the beginning to grow the Moca Network. It’s never a one-off drop and the Network Incentives pie is for everyone who participates in and contributes to the network 🥧
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