Cross-chain NFT marketplace Magic Eden and Mocaverse have announced plans to co-launch a new NFT launchpad. 

Called MagicMoca, the platform is designed exclusively for the Mocaverse community, tapping into its 1.8 million Moca ID owners. Aiming to funnel upcoming NFT projects from Animoca Brands and its 540 portfolio companies, Mocaverse and Magic Eden will curate the top projects which will be launched to both communities.

As the first co-branded NFT launchpad of its kind, MagicMoca will also expand the utility of MOCA Coin, using it as its primary trading currency. As part of the deal, Magic Eden will also integrate MOCA Coin for its own NFT marketplace. Further incentives, such as Diamond boosts, are also in place to encourage Magic Eden users to join the Moca Network.

Magic Eden co-founder and CEO Jack Lu commented, “Our priority will always be to push boundaries on how to expand the world of NFTs, so tapping into innovative collaborations with Mocaverse and unlocking access to the Animoca Brands ecosystem is a huge asset for both of our communities.”

“Mocaverse welcomes Magic Eden to the Moca Network, where we share the same vision to accelerate consumer crypto by using NFTs as the touchpoint for day to day consumers,” said Mocaverse lead Kenneth Shek.

“Magic Eden is launching marketplaces compatible with different chains, and we’re fully aligned to bringing full interoperability to users through our new launchpad MagicMoca and adopting the omni-chain MOCA Coin.” 

The launch of MagicMoca is expected sometime in Q3 2024. With only two weeks left, that means it should be imminent.