According to online reports, Moca Network, a project owned by Animoca Brands, plans to launch a Layer-1 blockchain Moca Chain, which aims to allow Web3 projects to achieve user identification and verification without relying on a centralized platform. Moca Chain will support cross-chain applications to verify user data, similar to the single sign-on service of the Web2 era. Yat Siu, founder of Animoca Brands, said the project is committed to creating a digital ecosystem where users can truly own their own data, reputation and contributions, and promoting the development of digital property rights.