The Mocaverse NFT has experienced an impressive growth of 563% over the last three months, with much of the credit attributed to the value brought by Animoca Brands. Mocaverse is a subset of an NFT collection consisting of 8,888 NFTs, and its holders come from diverse backgrounds, including notable figures such as Yat Siu, Wale.moca, and Father.moca.
The continuous surge in value might not be surprising in the coming days given the momentum. Recent milestones for Mocaverse NFT include raising $20 million in September of the previous year and securing an additional $11.88 million in December 2023. Animoca Brands, a key player in this success story, has achieved a significant milestone by incorporating over 380 projects into its native ecosystem.
This success reflects a high level of trust from both members and developers in the Animoca Brands ecosystem. In the competitive NFT market, Animoca Brands stands out with innovative developments like Moca ID, solidifying its position as a leading force in the NFT sphere.
According to recent reports, it appears that a minimum of 200,000 Moca IDs have been minted.
The significance of Moca ID in the community cannot be overstated, serving as a crucial tool for community members to seamlessly manage their NFTs and actively contribute to shaping the decentralized future. Similar to a traditional ID, Moca ID is non-transferable, showcasing the holder’s identity and ensuring uniqueness with a sense of self-sovereignty.
The Mocaverse NFT has also garnered remarkable statistics, boasting a trading volume of $12.43 million and a market capitalization of $37.29 million. The impressive 50x rise from the floor price has propelled this collection to the forefront, making it one of the best-performing NFTs. Sales data highlights that six items have fetched more than 10 ETH in 2023, marking significant milestones in top sales figures within the collection.
The Mocaverse NFT collection currently boasts 2,113 holders, comprising 13 whales and 430 blue chip holders. This all-time holders’ trend is subject to change as the collection evolves.
The NFT collection includes 3,775 royalty payers, with Machi Big Brother standing out as the top royalty payer. The cumulative ETH income for the collection has reached 611.
The NFT’s ascent in popularity is attributed to the exclusive utilities it offers to its holders. Notable benefits include early access to research papers, perks related to The Sandbox gaming, and the ability to transfer voting rights to Animoca Brands’ token governance.
December marked a particularly successful month for NFT sales. The Bitcoin blockchain alone recorded sales exceeding $881 million in the last month of 2023, surpassing other platforms based on Solana and Ethereum.
Despite ongoing disputes about royalty issues, NFTs have continued to grow since their inception. This growth includes a prolonged royalty war between Blur and OpenSea, which lasted for several months.
