What Is Moss Coin (MOC)?

Moss Coin (MOC) is an ERC-20 based cryptocurrency that operates the in-game economy of the platform Mossland. Mossland is a blockchain-based gaming platform that connects the real and the virtual world, according to its website. However, the platform releases entertainment services based on Virtual Reality, Augmented Reality, and NFTs to create practical use cases. Mossland Metaverse features entertainment services and digital NFT assets reflecting reality and pursuing an economic circulation structure merged with Moss Coin (MOC). Metaverse is a digital reality, holding aspects of cryptocurrencies to permit users for virtual interaction.

As stated on its whitepaper, the platform aims to bring virtual properties for trading; auctioning and accessories can get created in ERC-721 tokens. ERC-721 is an open standard to build unique tokens on the Ethereum blockchain. Users' effort into the virtual properties can get stored in the ERC-721 format. Users seek to have ownership of virtual properties and accessories in all the services within the Mossland platform.  

Furthermore, the platform has several exchanges using Moss coin. 

Mossland:The Auction is a service where users can trade virtual landmarks. The users can participate in the auction to earn landmarks given by Mossland and eventually trade them again to other users for MOC by the open auction. The Auction gets executed using Moss Coin.  

Mossland: The Hunter is the location-based Treasure Hunt Service centred on the virtual landmarks and buildings earned through participation in Mossland: The Auction. Also, the platform consists of virtual landmark management and gaming services called Mossland: The City. 

The platform's economy aims to be governed by three currencies: Gold, Gem and Moss Coin (MOC). However, Moss Coin is the in-game currency used in Mossland for players to exchange and purchase virtual properties. The players use Moss Coin for purchasing properties and accessories by Mossland. Moss Coin can get used in any service within Mossland. Further, there are four ways to acquire Moss Coin in Mossland:

• Extra-game acquisition and exchange

• In-game in-app purchases

• Advertising engagement

• Property sales

Additionally, Mossland may provide several location-based services (LBS). LBS became famous because of the GPS functionality in personal mobile devices. The platform has a location-based peer-to-peer advertising platform that aims to empower local businesses to advertise directly to players making it easier for retail businesses to bring players into their businesses. 

History of Moss Coin (MOC) 

Wooram Son is the CEO and co-founder of Moss Coin (MOC). Also, Chester Roh, Minuk Kim, Yongjun Hong and Sean Oh are the platform's Co-Founder. The Whitepaper of Mossland was launched in 2018. The total supply of Moss Coin is five hundred million MOC.