Mocaverse, Animoca Brands’ Web3 experience and rewards platform, today announced a business partnership with SK Planet, one of South Korea’s largest communications platforms, to jointly create blockchain-based user experiences within SK Planet’s existing internet services through Mocaverse’s Realm SDK.
Mocaverse and SK Planet plan to bring its 28 million real-name authenticated users into the Web3 ecosystem by integrating the full functionality of the Mocaverse Realm SDK into SK Planet’s digital ecosystem. This functionality includes a global account, identity and reputation layer where users can accumulate, own and use assets across multiple ecosystems and applications.
In addition to the network effects through Animoca Brands’ 540+ portfolio companies and Moca Network’s 80+ partners, SK Planet will complement One Football and MyAnimeList as a Realm SDK partner, providing priority access to a variety of Web3 experiences including games, IP-based products and services, sports, music and more through these platforms’ combined ~250 million monthly active users.
In addition, SK Planet plans to use MOCA Foundation's MOCA Coin as the universal currency for its Internet services; MOCA Coin will become the first crypto token used in SK Planet's Internet services and one of the important rewards for attracting users of popular services such as OK Cashbag and Syrup.