🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Moca Foundation Unveils Privacy-Focused EVM-compatible L1 Network - Crypto Economy
TL;DR
Moca Foundation has announced the launch of its own chain, a layer-1 blockchain designed to manage digital identities and authenticate data in a decentralized way.
The network aims to provide an alternative to centralized login systems, allowing users, devices, and AI agents to control and verify their credentials without relying on intermediaries.
The rollout plan includes a testnet launch in the third quarter of 2025, with a mainnet deployment expected before the end of the year. The blockchain will be compatible with the Ethereum Virtual Machine, enabling interoperability with Ethereum and other networks that follow the same technical standards.
A native token, MOCA, will be integrated and used for transaction fees, validator staking, storage, oracle services, and data verification. Additionally, the ecosystem will allow applications built on any network to verify both on-chain and off-chain information, thanks to an architecture that includes decentralized storage, cross-chain identity oracles, and proof generation through ZK-TLS with on-chain verification.
Moca Chain Will Manage Data for Over 700 Million Users
From Animoca Brands, one of the founding partners, they pointed out that single sign-on systems have become critical points of vulnerability, concentrating sensitive personal data. According to Yat Siu, co-founder of the company, the new chain aims to eliminate that risk and give users full control over their data.
The project already includes AIR Kit, an identity management development toolkit integrated into products and services of companies and other strategic partners. This tool gives Moca Chain access to a potential base of over 700 million users from the outset.
Among the integrations are OK Cashbag, a South Korean rewards program with over 28 million verified users, and One Football, a German sports media platform with 200 million monthly active users. Both companies will begin sharing verified data through Moca Chain’s systems once the network goes live.