🪙 Binance Fires the 3rd Shot on AirDrops Portal: Movement (MOVE) 🌟

It seems many of us are feeling the pain today as the entire market faced a pretty strong flash dump, right? But amidst the gloom, a few rays of hope emerged. One of them is $MOVE, the token that rewards those who worked hard on airdrops and reaped the benefits after some time aping the project. 🪙

Today, as I browsed Telegram, everyone seems to be talking about MOVE. 🗣

Let’s dive into Movement ($MOVE) with the admin:

1️⃣ What is Movement?

Movement is a modular framework that enables the construction and deployment of blockchains using the Move programming language. It is designed to be integrable and scalable, with interoperability with Avalanche and other ecosystems.

2️⃣ Movement’s Products

• M1: A new Layer 1 blockchain designed for flexibility, adaptability, and ease of use, utilizing Move as its programming language.

• M2: A Layer 2 blockchain built with Move, currently operating as a Celestia rollup. The mainnet for this Layer 2 will launch soon.

3️⃣ Backers of the Project

The project has successfully raised $41.4 million through three funding rounds, with support from prominent names such as:

• OKX Ventures

• Polychain Capital

• Binance Labs

4️⃣ Project Team

Key members of Movement’s development team include:

• Rushi Manche: Co-Founder and CEO of Movement

• Cooper Scanlon: Co-Founder and CTO of Movement

• Will Gaines: Marketing Director of Movement

• Brian Hennessey-Hsieh: Strategy Director of Movement

5️⃣ Tokenomics

➡️ Key Metrics

• Token Name: Movement

• Ticker: $MOVE

• Blockchain: Ethereum, Movement

• Total Supply: 10,000,000,000 MOVE

• Initial Circulating Supply: 2,250,000,000 (22.5% of total supply)

➡️ Token Allocation

• Ecosystem & Community: 40%

• Foundation: 10%

• Initial Airdrop: 10%

• Backers & Contributors: 40%

➡️ Token Use Cases

• Governance on the Movement network

• Transaction fees within the network

• Staking and liquidity provision