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Author: Admin | 2025-04-28
As the originators of this data, are typically excluded from direct participation in the resulting economic benefits.“The ownership should be going back to the user. There’s already many court cases where companies, including banks or Google, are suing the users for taking their data and monetizing on their own, and every time the case and the conclusion is that the user has a right to own their own data and monetize it,” said Shek. Moca Network, Animoca Brands’ flagship project, is developing a digital identity ecosystem. This project aims to unify user data and empower users to manage their own information.The Case for an Open InternetThough Moca Network is generally defined as an NFT-focused project, its dedication to creating an open internet infrastructure has been in full force for a long time. “Since three years ago, we have been talking about how to grow the network effect and the value by pulling everything together. Imagine the entire Animoca portfolio, all the partners we work with, the enterprises with large user bases are going to adopt this. Everything will flow to one another and with crypto as the incentive layer, it’s going to be thriving beyond the big tech companies,” Shek told BeInCrypto. The network’s Moca 3.0 project proposes a system where a single, unified account manages a user’s digital assets, identity information, and reputation across various online platforms. The design prioritizes a user-centered approach. Systems are built to accommodate individual users rather than forcing them to adapt to existing limitations.
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