Deep Dive
1. Purpose & Value Proposition
Moca Network addresses redundant identity verification (e.g., repeated KYC checks) and data fragmentation by letting users store credentials once and prove them across chains/apps without exposing raw data. For example, a university degree or gaming achievement stored as a ZKP on Moca Chain can be verified by employers or platforms privately. This reduces compliance costs for businesses and gives users control over their data’s monetization (Moca Network).
2. Technology & Architecture
Moca Chain, its Layer 1 blockchain, combines four core technologies:
- zkProofs: Users prove credentials (e.g., age, qualifications) without revealing underlying data.
- zkTLS: Converts Web2 activity (e.g., social media logins) into on-chain credentials without centralized intermediaries.
- Identity Oracle: Enables cross-chain verification (25+ supported chains).
- Decentralized Storage: Securely hosts encrypted credentials for reuse.
The chain is EVM-compatible, allowing easy integration with Ethereum-based apps (CoinMarketCap).
3. Ecosystem & Partnerships
Moca Network leverages Animoca Brands’ ecosystem, which includes 540+ portfolio companies and 700M+ users. Early adopters like SK Planet (28M loyalty users) and OneFootball (200M MAU) use AIR Kit—a plug-and-play identity SDK—to embed Moca’s infrastructure. This positions $MOCA as the transactional and governance token for a vast, interoperable identity network (Moca Chain Announcement).
Conclusion
Moca Network reimagines digital identity as a user-owned asset, combining privacy tech with Animoca’s ecosystem reach. Its success hinges on adoption by major Web2 platforms—can it become the default identity layer for cross-chain and real-world use cases?