According to BlockBeats news, on November 27, the Movement Network Foundation announced the MoveDrop airdrop plan, aiming to reward early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community. Users who meet the conditions include: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.
Users can visit the MoveDrop website and register until December 2, 2024 at 2pm UTC. After TGE (coming soon), you can check your MoveDrop eligibility and claim your airdrop. Failure to register on time will result in loss of eligibility for MoveDrop.
Users can choose to receive $MOVE on the Ethereum mainnet, or they can receive $MOVE after the Movement Network mainnet (which will be launched soon), which will generate a 1.25x reward multiplier. Movement Network Foundation also stated that it plans to distribute more $MOVE tokens at future events.
According to previous news, the Movement Network Foundation announced the economic model of the $MOVE token. The total supply of tokens is 10 billion, accounting for approximately 22% of the initial circulation. Among them, 60% of the tokens will be allocated to the community, including the ecosystem and community (40%), initial claims (10%), and the foundation (10%). The remainder is divided between early contributors (17.5%) and early investors (22.5%).
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