The MoU announced today is an initiative to explore the integration of Mocaverse’s on-chain decentralized identifier (DID) Moca ID with αU wallet, enabling customers of αU wallet to seamlessly access Web3 content such as games, entertainment, and culture within the Mocaverse ecosystem.The MoU will also promote collaborations between the intellectual property (IP) and Web3 content of Animoca Brands and αU, including offering sales of NFTs for the Web3 game PHANTOM GALAXIES™ on the NFT marketplace αU market.

 

Animoca Brands is a leading Web3 company that both invests in various areas including blockchain games, metaverses, DeFi, and wallets, and also builds its own Web3 ecosystem. Animoca Brands Japan is a strategic subsidiary of Animoca Brands that supports the global expansion of Japanese IP and content holders in the Web3 domain. 

 

Mocaverse started as Animoca Brands’ first official membership NFT project, and has evolved into the growth network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, dedicated to build the largest on-chain cultural economy. Since the launch of Moca ID in November 2023, over 750,000 on-chain users have minted their unique .moca name and engaged in the broader Mocaverse ecosystem.  PHANTOM GALAXIES™ is an online multiplayer science fiction action RPG that utilizes blockchain technology and is developed by Blowfish Studios, a subsidiary of Animoca Brands.

 

KDDI launched the metaverse and Web3 service αU in March 2023 to realize a world where anyone can become a creator and to support the new generation of users who effortlessly move between the real and virtual worlds. αU provides various products, including the αU wallet for managing NFTs and cryptocurrencies, the user-friendly NFT marketplace αU market, αU metaverse for entertainment and socializing, αU live for high-quality 360-degree music concerts through cloud rendering, and αU place for virtual shopping experiences replicating real-world stores.

 

Shunpei Tatebayashi, general manager, Web3 Business Development Department, Business Exploration and Development Division, KDDI Corporation commented: “We are pleased to collaborate with Animoca Brands, a global leading Web3 company with a diverse portfolio of prominent Web3 projects. We believe that content plays a crucial role for Web3 mass adoption, and we aim to develop new experiences while increasing access to Web3 through this collaboration with Animoca Brands. We look forward to strengthening our collaboration and embarking on new challenges together”.

 

Kensuke Amo, COO of Animoca Brands Japan, said: "I am delighted that we have entered into an MoU to accelerate Web3 adoption with KDDI Corporation, allowing us to explore various initiatives. This collaboration is expected to serve as a bridge between Japan and the global Web3 community. Furthermore, this collaboration will be the initial step toward a society that leverages Web3, where individuals can seamlessly connect with various blockchain applications on a personal level. Animoca Brands Japan is committed to actively contributing to the mass adoption of Web3 by leveraging Animoca Brands' network, which includes over 400 portfolio companies, as well as our expertise in the business and regulatory landscape of Japan's Web3 industry."

 

Kenneth Shek, project lead of Mocaverse commented: “We are incredibly excited to partner with KDDI, one of the largest telecommunication providers with over 31 million of users in Japan, and explore opportunities to onboard millions of retail users to Web3 cultural and entertainment experiences through our interoperable on-chain identity Moca ID and point system. Not only does Japan have a strong culture of IP and gaming, but Japanese users are well accustomed to using point systems.”

 

Benjamin Lee, the co-founder and managing director of Blowfish Studios, said: "We are thrilled at the opportunity to introduce the captivating world of PHANTOM GALAXIES™ to KDDI customers, revolutionizing player ownership. Together, we can reshape gaming experiences and lead innovation in the digital realm, offering players seamless access to Web3 content as we pioneer the future of entertainment and culture." 

 

About KDDI

Company name: KDDI CORPORATION

Location: Garden Air Tower, 3-10-10, Iidabashi, Chiyoda-ku, Tokyo 102-8460, Japan

Representative: Makoto Takahashi, President

Establishment: June 1, 1984

Business Outline: Telecommunications business

URL: https://www.kddi.com

 

About Animoca Brands Japan

Company name: Animoca Brands KK

Location: H-CUBE KITAAOYAMA, 3-13-7 Kita-aoyama, Minato-ku, Tokyo 107-0061, Japan

Representative: Daisuke Iwase, CEO

Establishment: October 25, 2021

Business Outline: Platform services utilizing blockchain and NFTs

URL: https://animocabrands.co.jp

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About αU wallet

αU wallet is a crypto asset wallet for managing NFTs and cryptocurrencies. It supports management of NFTs on Polygon blockchain, Palette Chain and Oasys blockchain, as well as sending and receiving cryptocurrencies Polygon (MATIC), Palette token (PLT) and Oasys (OAS). With backup and filtering features, αU wallet is a secure and user-friendly gateway to Web3 for everyone. 

Website: https://web.wallet.alpha-u.io/intro.html

X : https://twitter.com/alphau_official

 

About Mocaverse

Mocaverse is the marquee growth network on Identity and PointFi seeded by Animoca Brands. Mocaverse is dedicated to building the largest on-chain cultural economy by connecting and scaling Animoca Brands’ portfolio network effect. At the epicenter of the Animoca ecosystem, Mocaverse pioneered the Web3 identity and PointFi system where NFT holders & Moca ID users can navigate and engage seamlessly across and beyond 400+ rewarding experiences with on-chain proof of reputation. Mocaverse is more than an ecosystem. It is an economy that empowers participants to build, earn, and grow together as we mocalize the mass. For more information visit https://www.mocaverse.xyz.

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About PHANTOM GALAXIES™

PHANTOM GALAXIES™ seeks to unify the best of traditional games with the new, exciting space of blockchain gaming. PHANTOM GALAXIES™ is first and foremost a AAA game, and the title is designed to deliver thrilling, fast-paced mecha combat, an enthralling narrative with captivating characters, and a rich galaxy to explore. By also embracing blockchain integration through NFTs and its native governance and utility token ASTRAFER, PHANTOM GALAXIES™ enhances the player experience by giving users the opportunity for real ownership of game assets and unprecedented avenues for true player governance. Learn more about PHANTOM GALAXIES™ at https://phantomgalaxies.com.