Home Community Insights Mocaverse introduces moca and airdrops Relics, Coinbase to offer BTC in Singapore

Mocaverse introduces moca and airdrops Relics, Coinbase to offer BTC in Singapore

Mocaverse introduces moca and airdrops Relics, Coinbase to offer BTC in Singapore

Mocaverse is a new platform that aims to revolutionize the world of NFTs and digital art. It allows artists and collectors to create, trade, and showcase their unique creations in a virtual reality environment. Mocaverse also introduces a new token standard, .moca, that enables more features and functionalities for NFTs, such as animation, interactivity, and customization.

To celebrate the launch of Mocaverse, the platform is airdropping Relics, which are rare and valuable NFTs that can be used to access exclusive content and events in the Mocaverse. Relics are randomly distributed to .moca holders who participate in the airdrop campaign. The more .moca you hold, the higher your chances of receiving a Relic.

To join the airdrop campaign, you need to follow these steps:

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  1. Register on the Mocaverse website and create your account.

  2. Connect your wallet that supports .moca tokens, such as MetaMask or Trust Wallet.

  3. Buy or mint .moca tokens on the Mocaverse marketplace or on any supported exchange.

  4. Hold your .moca tokens until the end of the airdrop period, which is October 31st, 2023.

  5. Check your wallet for your Relic after the airdrop distribution, which will happen on November 1st, 2023.

Don’t miss this opportunity to join the Mocaverse and get your hands on a Relic. Relics are limited in supply and will never be minted again. They are not only beautiful and collectible, but also unlock amazing benefits and experiences in the Mocaverse. For more information, visit the Mocaverse website or follow their social media channels.

Veefriends announced more details on Veecon 2024 (August 9th-11th in LA)

Veefriends, the NFT project created by entrepreneur and social media star Gary Vaynerchuk, has announced more details on Veecon 2024, the exclusive event for Veefriends token holders. Veecon 2024 will take place from August 9th to 11th in Los Angeles, California, and will feature a variety of speakers, workshops, networking opportunities, entertainment and surprises.

Veecon 2024 is the second edition of the annual event that aims to bring together the Veefriends community and provide them with valuable insights, connections and experiences. The first edition, Veecon 2023, is scheduled for May 19th to 21st in Minneapolis, Minnesota.

According to the official website, Veecon 2024 will be “a celebration of entrepreneurship, creativity, culture and kindness”. The event will also showcase the latest developments and innovations in the NFT space, as well as the future vision of Veefriends and Gary Vaynerchuk.

Veefriends is a collection of 10,255 unique NFTs that represent different characters and traits inspired by Gary Vaynerchuk’s philosophy and values. Each NFT grants access to Veecon for three years (2023, 2024 and 2025), as well as other benefits such as personal interactions with Gary Vaynerchuk, access to a private Discord server, and potential airdrops of new NFTs.

Veefriends was launched in May 2021 and sold out in less than a week, generating over $40 million in sales. The secondary market for Veefriends has been very active, with some NFTs selling for over $200,000. The floor price for a Veefriend token is currently around $16,000. Veefriends is one of the most successful and influential NFT projects in the industry, and Veecon 2024 is expected to be one of the most anticipated and exciting events for NFT enthusiasts and collectors.

Coinbase approved to offer Bitcoin buy and sell services to institutions in Singapore

Coinbase, one of the leading cryptocurrency exchanges in the world, has announced that it has received approval from the Monetary Authority of Singapore (MAS) to offer its buy and sell services to institutional customers in the city-state. This is a significant milestone for Coinbase, as it expands its presence in the Asia-Pacific region and taps into the growing demand for digital assets among institutional investors.

According to a blog post by Coinbase, the approval from MAS covers four types of digital payment tokens: Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Coinbase said that it will work closely with MAS and other regulators to ensure compliance with local laws and regulations, as well as to adhere to high standards of security and customer protection.

Coinbase added that it is committed to supporting the development of the crypto ecosystem in Singapore and the wider region, by providing access to its global liquidity pool, advanced trading tools and best-in-class custody solutions. Coinbase also said that it will continue to invest in local talent and partnerships, as well as to explore new opportunities to serve its customers in the region.

Coinbase’s approval from MAS comes at a time when Singapore is emerging as a hub for crypto innovation and adoption. The city-state has a supportive regulatory environment, a vibrant fintech scene and a strong appetite for digital assets among both retail and institutional investors. According to a recent report by Chainalysis, Singapore ranked fourth in the world in terms of crypto adoption, behind only Vietnam, India and Pakistan.

Recently, it received approval from the Bermuda Monetary Authority (BMA) to operate as a licensed Digital Asset Business in the island nation. This is a significant milestone for Coinbase, as it is the first major crypto company to obtain such a license in Bermuda.

Bermuda is a leading jurisdiction for fintech innovation and regulation, having introduced a comprehensive framework for digital asset businesses in 2018. The BMA’s Digital Asset Business Act (DABA) provides a robust and flexible regulatory environment for crypto companies, while ensuring consumer protection and compliance with anti-money laundering and counter-terrorism financing standards.

By obtaining the DABA license, Coinbase will be able to offer its full suite of products and services to customers in Bermuda, including its institutional and retail platforms, as well as its advanced trading and custody solutions. Coinbase will also be able to support the development of the local crypto ecosystem, by partnering with local entities and providing educational resources and training.

Coinbase’s Chief Legal Officer, Paul Grewal, said in a blog post that the company is “honored to receive the DABA license and look forward to expanding our business in Bermuda”. He added that “Bermuda’s forward-thinking approach to regulation makes it an ideal place for companies like Coinbase to thrive and contribute to the growth of the global crypto economy”.

Coinbase’s expansion in Bermuda is part of its broader strategy to increase its global presence and reach new markets. The company already has licenses and registrations in several jurisdictions, including the US, UK, Ireland, Japan, Germany, and Singapore. Coinbase also recently announced its plans to launch in India, Brazil, and Mexico, as well as to explore opportunities in Africa and Asia.

Coinbase is not the only crypto exchange that has received approval from MAS to operate in Singapore. Earlier this year, Binance, another leading crypto exchange, also obtained a license from MAS to offer its services to institutional customers in the country. Binance said that it plans to launch a fiat-to-crypto platform in Singapore soon, as well as to offer more products and services tailored to the local market.

The approval from MAS is also a boost for Coinbase’s global expansion strategy, as it seeks to diversify its revenue streams and grow its customer base beyond its core markets of the US and Europe. Coinbase has been actively pursuing new markets and regions, such as Japan, India, Latin America and Africa, where it sees huge potential for crypto adoption and growth. Coinbase said that it aims to be the most trusted and easy-to-use platform for anyone who wants to access the crypto economy.

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