BREAKING: Animoca’s Moca Network Launches Game-Changing L1 Blockchain for Digital Identity
Web3 giant Animoca Brands just dropped a bombshell—their flagship Moca Network is building a dedicated Layer 1 blockchain for digital identity solutions. Finally, an on-chain passport that might actually work.
Why this matters:
- First-mover advantage in the fragmented digital ID space (where even Ethereum struggles with scalability)
- Potential to become the SSO (Single Sign-On) for Web3—if they can avoid the usual crypto onboarding nightmares
The cynical take: Because what crypto really needs is another blockchain—especially when most 'identity solutions' still can't stop SIM-swap attacks. But hey, at least it's not another memecoin.
One thing's certain: TradFi's clunky KYC systems just got served notice. The race to own your digital self is officially on.
