GMoca! 👁️
I read Tyler’s article, and yes, I can see that we are now moving away from trying to “fit into every narrative” and are going to focus fully on the identity side. I think that is the right direction.
My general view is that this is how startups work. You have a vision, you believe there is a gap in the market, and you try to build something that fills that gap. Hopefully, we will succeed. I think the idea itself is impressive and has a lot of potential.
However, I have a few questions regarding Moca Chain:
Why would people buy and hold MOCA? Why should the value of the MOCA token increase? Or, to put it another way, will simply having MOCA as the gas token be enough to create meaningful demand?
For example, based on the current averages, 625K transactions per year would generate roughly 125 MOCA in gas fees. Is that enough to create meaningful economic value for the token?
Even though we have moved to mainnet, why are the validator details still not available? Who are the validators, how many are there, and what is the current staking/validation structure?
I’m asking these questions because I genuinely believe in the idea. I think the identity-focused direction is compelling, but for me, the most important part now is understanding how this vision translates into real, sustainable demand for MOCA and a transparent, decentralized network structure.