Does MC 3B have reliable value to invest in this MOVE project? Let's find out in this article with Wendy

Movement (MOVE)
A Move-EVM L2 on Ethereum.
Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.Anticipated use cases include:Staking & Delegation for Economic Security: Validators stake $MOVE to secure the network and earn staking rewards.Gas Fees: $MOVE owers transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.Governance: MOVE lders participate in network governance, voting on proposals to shape the future of Movement.Collateral and Liquidity: Applications use MOVE collateral, for liquidity provisioning, and as a native payment asset.Sequencer decentralization
Core aspects of Movement Network are:30k+ TPS due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.Consensus Mechanism:Movement uses a fast-finality settlement mechanism secured by validators staking $MOVE. This novel approach is designed as an alternative to traditional optimistic and validity rollups.Movement Network has raised a $3.4mm Pre-Seed in Sep 2023.
Movement Network raised a $38mm Series A in April 2024, led by Polychain Capital.
Movement Network raised a Strategic Round in May 2024 with Binance Labs.As at Dec 9th 2024, the total supply of MOVE is 10,000,000,000. Our circulating supply will be between 22.5%.
Key metrics (as at December 9th 2024)
Token Name: MOVE
Token Type: [ERC-20, Native]
Initial Circ. Supply When Listed on Binance: 22.5%
Total and Maximum Token Supply: 10,000,000,000
Current Circulating Supply: 22.50%
HODLer Airdrop Allocation: 2.00% (Season 1)

What is Movement Network?
●  Project overview
Movement Network is the first Move-EVM L2 for Ethereum, offering the fastest and most secure user experience on Ethereum. Movement Network is building a modular blockchain ecosystem powered by the Move programming language, a secure, resource-centric framework originally designed by Facebook. Movement’s mission is to bring Move execution to diverse environments and enable seamless interoperability between blockchain networks.

●  Project mission
At the core of Movement’s vision is the integration of cutting-edge technologies such as Movement Network, and the Move Stack, which combine to deliver a secure, scalable, and developer-friendly infrastructure. By bridging Move with Ethereum via our innovative Move-EVM (MEVM) compatibility layer, Movement fosters a unified blockchain landscape that enhances liquidity, scalability, and user accessibility.
Movement Network’ ecosystem is centered on empowering developers to create innovative decentralized applications, rollups, and infrastructure while advancing the adoption of decentralized technologies globally.

Project value proposition
Movement Network is revolutionizing blockchain scalability and security by leveraging the Move programming language, designed for resource-centric smart contracts and enhanced safety. By integrating Move with Ethereum through the innovative Move-EVM (MEVM) Layer 2, Movement combines the best of both ecosystems—Move’s security and Ethereum’s liquidity. This modular framework enables developers to deploy high-performance appchains and decentralized applications, fostering innovation and expanding blockchain interoperability. With its fast-finality mechanisms and robust infrastructure, Movement positions itself as the cornerstone of next-generation decentralized ecosystems.
 
●  Project Key Highlights
Core aspects of Movement Network are:
30k+ TPS due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.
 
●  Existing Products
Movement has more than 60+ dapps live on testnet today (testnet.movementlabs.xyz/apps) with $600M+ in committed TVL on mainnet launch.

Token Distribution
MOVE have a maximum supply of 10,000,000,000 tokens, with an initial circulating supply of 22.5%. MOVE e available and represented on Ethereum Mainnet as an ERC-20. Following Movement Network Public Mainnet launch, MOVE so be available on Movement Network.
The majority of MOVE be allocated to the Movement Network community – across Ecosystem & Community, Foundation, and Initial Claims tranches.

Ecosystem + Community (40%)
40% of MOVE reserved for Ecosystem, including the following:
Staking Rewards: Reserved for future distribution of validator rewards on Movement Network.Ecosystem Initiatives: Reserved for future distribution of grants to teams on Movement Network. Grants are awarded based on the completion of certain pre-defined milestones.Incentives & Liquidity Provisioning: Reserved for future distribution of incentives for usage of Movement Network, and to provide liquidity to bootstrap the Movement Network DeFi ecosystem.
Initial Claims (10%)
10% of MOVE be distributed to the Movement Network community – through the MoveDrop and other initial claims activities.
Foundation (10%)
10% of MOVE reserved to support the ongoing operations of Movement Network Foundation, as they manage the growth, development, and decentralization of Movement Network.
Early Contributors (17.5%)
17.5% of MOVE eserved for Early Contributors of Movement Network – who are primarily from Movement Labs. These Early Contributors come from across Engineering, Product, Community & Marketing, Business Development, Strategy, and other workstreams.
Early Backers (22.5%)
22.5% of MOVE served for Early Backers of Movement Network – who have provided financial, advisory, and strategic support to Movement Network.
Token Utility
MOVE token of the Movement Network ecosystem, and will be used to achieve the long-term objectives of the Network. Movement Network aims to develop various utilities for $MOVE, including the following:
Staking for Economic Security
Movement Network aims to introduce a novel fast-finality settlement mechanism, creating an alternative to validity and optimistic rollups. Fast-finality will be enabled by a set of validators who stake MOVE correctness of Movement Network’s state. In exchange for providing this economic security, active validators will receive MOVE
Gas Fees
Gas fees on Movement Network Public Mainnet L2 are denominated and paid for in $MOVE, where a portion of these fees are used to pay for rent to settle transactions on Ethereum Mainnet. In the future, as teams build L2s using the MoveStack, these L2s are also expected to use MOVE es.
Governance & Decentralization
Through $MOVE, we expect the community to play a critical role in the decentralization of governance of Movement Network over time. Holders will be able to propose and vote on governance proposals to change certain network parameters and participate in future community initiatives.
Native Assets on Movement Network
MOVE the native asset of Movement Network. Applications built on Movement Network can use MOVE
MOVE dityCollateralPayment
Roadmap

More detail

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