Mochi Market

Project Introduction

Mochi.Market initially aims to solve three important current challenges: lack of liquidity in the NFT market, lack of monetization strategy for NFT holders during their holding period, and lack of crosschain usage between NFTs and FTs.

Project Highlight

The NFT token market is experiencing similar liquidity challenges as the fungible tokens in earlier stages. With the exponential growth of NFTs, new NFTs and NFT marketplaces will join the industry. However, providing liquidity for those new tokens will remain a bigger challenge given the unique characteristics of NFTs which makes it more difficult to interact with other platforms and networks.

Project History

Mochi team combines strong blockchain research and technical know-how with pragmatic business acumen. We have won numerous awards and prizes from various blockchain hackathons, to name a few: Chainlink Hackathon, Defi & Cross-Border Finance, OP Game Hackathon, Blockstack — Clarity Hackathon, etc, and most recently Binance Hackathon- the future is now. A full list of hackathon awards and team profiles can be found at the end of the document.

The current product has won the third prize in the Binance Hackathon in late February 2021

Token Allocation

Token Circulation