Animoca Brands’ Moca Network to Launch Digital Identity L1 Chain

Animoca Brands' project Moca Network plans to launch a Layer-1 blockchain Moca Chain, aiming to enable Web3 projects to achieve user identity recognition 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. Animoca Brands founder Yat Siu stated that the project is dedicated to creating a digital ecosystem where users truly own their data, reputation, and contributions, promoting the development of digital property rights.