COCA Wallet Launches its COCA Token on MEXC, Kicking Off Series of Exchange Listings
HONG KONG, Dec. 3, 2024 /PRNewswire/ -- COCA, a next-generation crypto super app, is thrilled to announce the listing of its governance and utility token, $COCA, on MEXC on December 3, 2024, at 9 am UTC. This debut, the first in a series of planned exchange listings, marks the beginning of $COCA's journey into global markets, making it easier for users worldwide to engage with COCA's innovative ecosystem.
The listing comes at a time of rapid growth for COCA Wallet. In Q3 2024, the platform experienced a 31% increase in total wallets and an 83% surge in card transactions, showcasing its expanding user base and rising demand. These achievements build on recent developments, including the launch of COCA Wallet as a Telegram mini-app, bringing seamless crypto management to over 950 million Telegram users, and the introduction of cross-chain swaps, enabling users to trade tokens across 13+ blockchains without the need for bridges.
Together, these advancements underscore COCA's commitment to innovation and its mission to simplify and enhance how users interact with digital assets.
About $COCA Token and Its Role in the COCA Ecosystem
$COCA is the cornerstone of COCA Wallet's ecosystem, serving multiple purposes that enhance user experience and engagement. Key highlights include:
- Universal Gas Token (UGT): $COCA eliminates barriers to blockchain interactions by enabling users to cover gas fees across multiple blockchains with a single token, leveraging MPC technology for seamless gasless transactions.
- Governance Rights: As a governance token, $COCA empowers users to vote on critical decisions, ensuring that COCA Wallet evolves in alignment with community priorities. This token-based governance model amplifies community-driven innovation and decision-making.
- Exclusive Perks and Rewards: COCA Wallet users can unlock tiered rewards such as enhanced cashback, discounts, and monthly perks by holding $COCA. For instance, the Legend tier offers a 6% cashback rate and premium perks tailored to high-engagement users.
- Decentralized Cashback: The first of its kind, $COCA allows users to earn decentralized rewards for purchases made with the COCA Card, transcending traditional merchant limitations and providing universal benefits.
- Token Allocation and Sustainability: $COCA's total supply is capped at 1 billion tokens, with allocations designed to incentivize ecosystem growth, community participation, and long-term staking through veCOCA, a vote-escrow model. This strategic framework ensures alignment with user interests and platform scalability.
COCA Wallet CEO, Vasili Paulau, shared his excitement about this development, stating, "The launch of $COCA on MEXC marks a significant step toward empowering users with a truly unified and rewarding crypto experience. By combining robust security, fiat-crypto interoperability, and token utility, we aim to redefine how users interact with blockchain technology. This listing is the first in a series of planned exchange launches, broadening global access to $COCA and building a vibrant, engaged community of empowered users."
About COCA
COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With recent innovations like its Telegram mini-app integration and cross-chain swaps powered by Changelly, COCA continues to redefine digital asset management. The Telegram launch brings unparalleled convenience to millions, while cross-chain swaps provide fast, hassle-free token trades across networks.
With advanced features and seamless integration, COCA Wallet is shaping the future of digital asset management. Learn more at coca.xyz.
The MEXC listing represents the first step in $COCA's journey to becoming a globally accessible asset, enhancing the adoption of COCA Wallet's transformative ecosystem.
Website: www.coca.xyz
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SOURCE COCA