The Movement Network Foundation announced the MoveDrop airdrop plan, aimed at rewarding early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.
Users can access the MoveDrop website and register, with a deadline of December 2, 2024, at 2 PM UTC. After the TGE (coming soon), users can check MoveDrop eligibility and claim airdrops. Failing to register on time will result in the loss of MoveDrop claiming eligibility.
Users can choose to claim $MOVE on the Ethereum mainnet, or wait to claim $MOVE after the Movement Network mainnet (coming soon), which will generate a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more in future events. Previously, the Movement Network Foundation announced the economic model of the $MOVE token, with a total supply of 10 billion tokens, and an initial circulating supply of approximately 22%. Of these, 60% of the tokens will be allocated to the community, including the ecosystem and community (40%), initial claims (10%), and the foundation (10%). The remaining portion will be allocated to early contributors (17.5%) and early investors (22.5%).
