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Gate Square New & Returning Creator Rewards are ongoing!
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Moca Chain is about to launch: Creating a Web3 decentralized identification Blockchain
[Chain News] PANews June 25 news, the flagship project of Web3 investment giant Moca Network plans to launch a Layer-1 Blockchain Moca Chain, aiming to enable Web3 projects to achieve user identification and verification without relying on centralized platforms. Moca Chain will support cross-chain application verification of user data, similar to the single sign-on services of the Web2 era. The Moca Chain Testnet is expected to go live in the third quarter, and the Mainnet will launch before the end of the year, with its native Token MOCA being used for validators stake, storage, data generation, and verification fees. The founder of the investment giant stated that the project is committed to creating a digital ecosystem where users can truly own their data, reputation, and contributions, promoting the development of digital property rights.