Animoca’s Mocaverse NFTs Raise $5.5 Million in Two Days

Animoca Brands’ exclusive NFT mint sold out in under two days, raking in approximately $5.5 million.

Animoca Mocaverse suitcase with money NFT.
  • Animoca Brands held an exclusive NFT mint.
  • The Mocaverse NFTs sold out in two days. 

Animoca Brands has one of the fastest-growing portfolios in the Web3 industry, with over 380 exciting projects and counting. So, to encourage dialogue and exchange of ideas, Animoca Brands decided to bring the group together with a Profile Picture NFT collection called the Mocaverse.

The venture capitalist’s ambitious project held an NFT mint reserved exclusively for the Animoca crew. People are excited to join Animoca Brands in its quest to build Web3, considering the collection sold out in two days. 

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Strong Support

Friends and family of Animoca Brands were quick to jump on board, minting all 8,888 Mocaverse NFTs. In the first 48 hours, the sales volume of the Mocaverse NFT collection reached a whopping 3,552 ETH or around $5.5 million.

At press time, the floor price of a Mocaverse NFT on OpenSea is 1.3 ETH or approximately $1,838 from the initial 0.138 ETH or $195. 

Animoca’s passion project aims to unite the web3 community to exchange ideas and cultivate the web3 culture by building the space. The NFTs are spread across five unions, each representing a diverse role. 

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The Ambassadors for each union include 88rising Co-Founder Jaeson Ma, Entrepreneur Brain D. Evans, Axie Infinity Co-founder Aleksander Larsen, The Sandbox Co-founder Sebastian Borget, and more. 

Animoca Brands’ initiative will provide NFT owners access to privileged experiences, such as expert AMAs, game passes, in-game assets, accelerator programs, and more.

Yat Siu, co-founder and executive chairperson of Animoca Brands, shared his excitement about the initiative: 

“We are delighted with this strong start for the Mocaverse, an exciting milestone for Animoca Brands. The interest and support emphasizes the power of community and shared values in Web3. Mocaverse NFTs are not only unique profile pictures, but also a gateway to the ever-growing Animoca Brands Web3 community of individuals, companies, and projects that share our values and vision for the open metaverse. By bringing together like-minded enthusiasts, we want to build a better Web3 industry for everyone.”

On the Flipside

  • In 2022, Animoca Brands announced launching a $2 billion fund to invest in upcoming metaverse businesses.

Why You Should Care

Animoca Brands initiative is a refreshing take on exchanging ideas and building the Web3 space. The Mocaverse NFTs will serve as a membership pass to join the Animoca Brands team. This will allow NFT owners to better connect with other members and build Web3 together. 

 Find out how Animoca Brands expanded to the MENA region:
Animoca Brands to Grow Web3 Industry in MENA Region 

Read more about The Sandbox’s upcoming experience:
The Sandbox to Debut Major Fashion Brand Charles & Keith’s Web3 Experience

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Insha Zia

Insha Zia is a senior journalist at DailyCoin covering crypto developments, especially in the Cardano ecosystem. With a Bachelor of Science in Computer Systems Engineering, he delivers high-quality articles with his technical background and expertise in data analysis and programming languages, aiming to educate and inform readers accurately, transparently, and engagingly. Insha believes education can drive mass adoption of the crypto space, and he is committed to giving DailyCoin readers a better understanding of the technology.