Mocaverse infrastructure and Animoca Brands metaverse strategy

Animoca Brands secured $10 million for Mocaverse operations, following a $31.88 million raise last year. This funding supports the Moca Network, which builds a chain-agnostic decentralized identity network. Investors including OKX Ventures, CMCC Global, HongShan, Republic Crypto, Decima Fund, and Kingsway Capital provided the capital through simple agreements for future equity at $4.50 per share. These agreements convert to ordinary shares after six months. Since Moca ID launched earlier this year as a pilot on-chain identity system of the Realm SDK, 1.79 million Moca IDs registered and 160 web3 activations launched. The pilot on-chain identity system is built to leverage the expansive ecosystem of Animoca subsidiaries, projects, and partners. MocaPortfolio provides MOCA Coin and Mocaverse NFT holders access to $20 million in token allocations from the Animoca portfolio. The first registration event for the Magic Eden token occurs in Q4 2025. A hacker used a phishing email to compromise Yat Siu’s X account and promote a fake MOCA token on the Solana blockchain. This security breach shows the vulnerabilities in social media management for executives. The original Mocaverse minting was reserved for Animoca employees, partners, management teams of portfolio companies, and institutional or retail investors.

The Transition to Agentic Systems

The internet shifts from human user experience to agent experience. AI agents act as persistent, goal-directed software entities that execute tasks. These agents require blockchain for wallets, programmable assets, digital identity, escrow, payment rails, reputation, and verifiable transaction history to settle transactions without human gatekeepers. Animoca Minds allows users to deploy networked agents without technical setup. The shift to agentic AI forces a rethinking of how products are built because products must be architected for autonomous agency, coordination, human-defined constraints, and machine-readable trust to avoid disappearing from the flow of value creation. You should monitor how these agents handle your own digital property. Will autonomous agents eventually manage the entire economy? Instead of push-based technology that demands attention through interruptions, agents pull relevant data from the network. New roles like the Agent Orchestrator, the Agentic AI Designer, the Agentic AI Engineer, and the Agent Economist are emerging to manage these automated squads. This development is driven by agentic engineering, where humans provide natural language instructions to an agent.

Metaverse Market Realities

Yat Siu claims web3 is anti-monopolistic because users move assets between networks. He notes OpenSea could have maintained leadership if it had enforced royalty rights. The Sandbox depends on user-generated content for growth. Mocaverse attracts builders and degens, though Siu admits the project went too far toward builders, which left some speculators behind. Animoca Brands is pursuing a Nasdaq listing through a reverse merger with Currenc Group, which should close by the end of 2026. The latest $10 million raise involves a utility token warrant priced at $0.113 per token based on a $1 billion fully diluted value for MOCA Coin, with a 30-month vesting schedule. The original Mocaverse NFT collection includes 8,888 characters belonging to five tribes: Dreamers, Builders, Angels, Connectors, and Neo-Capitalists. These characters are changemakers in Web3 and use four utility realms: learn, play, build, and do good. This growth follows the 2021 boom of Axie Infinity, Decentraland, and Sandbox. Animoca Brands now holds an investment portfolio in more than 600 companies.