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$MOCA is the utility and governance token of the Moca Network, powering an identity-driven data economy. It is used to pay network fees for credential operations such as issuing, updating, and verifying credentials, and it is staked by core network participants to secure the system and enable services.

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Proof-of-Data model

Within Moca’s Proof-of-Data model, $MOCA aligns incentives across the ecosystem:

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Validators

Validators stake $MOCA to participate in consensus, secure the network, and process transactions. Validators earn rewards and transaction fees, and may be subject to slashing for malicious or negligent behavior (for example double-signing or extended downtime).

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Storage providers (MCSP)

Storage providers (MCSP) stake $MOCA to back decentralized credential data storage. Staking helps align reliability and integrity, and storage providers may be subject to slashing if they fail to meet availability, reliability, or data integrity requirements.

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Issuers

Issuers stake $MOCA to register and issue credentials, and can earn revenue as their credentials are verified.

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Verifiers

Verifiers validate credentials and may stake $MOCA to qualify for subsidy incentives that reduce effective verification costs.

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Governance participants

Governance participants can lock $MOCA to receive veMOCA, which is used to vote on incentives and guide ecosystem priorities. As credential adoption grows, demand for $MOCA scales with real network usage through transaction fees, staking requirements, and governance participation.