Moca Network is a decentralized digital identity infrastructure project by Animoca Brands. It aims to provide a unified, privacy-preserving identity layer across platforms and blockchains, enabling “one identity, verifiable everywhere” for users. To achieve this, the Moca Foundation is launching Moca Chain, a dedicated Layer-1 blockchain built for identity and user data (testnet in Q3 2025 and mainnet by Q4 2025). The Moca Network connects 540+ companies, 700M+ users and enterprise partners together with Animoca Brands.

Project Function

The primary project function of the Moca Network is to build the chain-agnostic digital identity infrastructure for the open internet.

This function is executed through its key product, the AIR Kit, and aims to achieve the following:

1. Universal Account Creation: To provide users with one unified account that holds their assets, identity, and reputation data across multiple blockchain ecosystems.
2. Privacy-Preserving Verification: Moca Network employs zero-knowledge proof (zkProof) technology to enable credential verification without exposing personal data. Users can prove facts (for example, age or qualifications) to applications or partners without revealing the underlying sensitive information, ensuring private yet verifiable identity claims by design.
3. Cross-Chain Interoperability: Built as a chain-agnostic solution, Moca features a cross-chain identity oracle that can verify and relay credentials across 25+ blockchains. This means a user’s credentials or reputation earned on one platform (or chain) can be recognized and trusted on other chains as well.
4. Web2 Interoperability: Moca offers a complete identity tech stack for builders. Its zkTLS technology can convert Web2 interactions into Web3 credentials. Integration is designed to be modular, so Web2 and Web3 apps can adopt Moca’s identity, wallet, and verification features with minimal friction.
5. Ecosystem Acceleration: Moca Network is backed by Animoca’s extensive ecosystem (540+ portfolio projects and 700M+ addressable users), facilitating high-impact partnerships. Major platforms like SK Planet (with 28 million KYC’d users) and others have begun adopting Moca’s identity infrastructure.
   Token Utility 

The native $MOCA token is central to Moca Network’s economy, serving as both a utility token and governance token within the ecosystem. Key use cases include:

1. Network Fees: $MOCA is used to pay for core operational costs, including transaction fees, data generation, storage, and verification for users and AI agents within the network.
2. Governance: The token serves as the governance mechanism for the DAO, allowing holders to propose and vote on the future direction of the protocol.
3. Incentives: $MOCA is the reward mechanism, distributed to the community and ecosystem participants to incentivize data sharing, platform engagement, and active use of the network's identity features.
   About The Founders

Yat Siu (Animoca Brands) – Moca Network is a flagship project of Animoca Brands, co-founded by Yat Siu, a veteran technology entrepreneur. Yat is known for founding Outblaze (a pioneering cloud software company) in 1998 and later co-founding Animoca and Animoca Brands in the early 2010s.

Kenneth Shek (Moca Network Project Lead) – The day-to-day development of Moca Network is led by Kenneth Shek, who serves as Project Lead of Moca Network and Director of Project Management at Animoca Brands. Kenneth brings over 15 years of entrepreneurial experience across diverse industries – he has co-founded and operated startups in fields such as renewable energy, cross-border e-commerce, and artificial intelligence.

Risks of MOCA

Like an investment in other crypto assets, there are some general risks to investing in MOCA. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in MOCA is subject to the following specific risks:

• MOCA operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks.

We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with MOCA. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances

The MOCA community and Moca Network founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of MOCA have no recourse to the MOCA community, Moca Network founding team, or Uphold if MOCA declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

Uphold’s Evaluation Process

Prior to listing MOCA on the Uphold Platform, Uphold performed due diligence on MOCA and determined that MOCA is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following:

• The creation, governance, usage, and design of MOCA, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
• The supply, demand, maturity, utility, and liquidity of MOCA.
• Any marketing materials put forward by the MOCA social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
• Material technical risks associated with MOCA, including any code defects, security breaches and other threats concerning MOCA and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
• Legal and regulatory risks associated with MOCA, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of MOCA