Brothers, it’s great to hold BNB, and I got another airdrop from Binance HODLer
Although it’s not a lot, it’s still good.
BNB has also seen a lot of gains recently. After falling last night, BNB rebounded quite strongly.
Can you guess how high BNB can rise?
Registration link: https://accounts.binance.com/zh-CN/register?ref=761952522
1. What is Movement (MOVE)?
Movement (MOVE) is an independent project in the blockchain ecosystem that aims to provide users and developers with efficient, interoperable, decentralized scaling infrastructure. It belongs to the MoveVM technology-based ecosystem and aims to use Move Stack Chains (interoperable Move Rollups network) to provide cross-chain sharing, fast transaction finality, cost efficiency and other functions.
Two, Financing Information:
The project has completed three rounds of financing.
Completed Pre-Seed round financing in September 2023, raising $3.4 million from institutions such as dao5*, Borderless Capital*, Blizzard Fund*, Varys Capital*, Colony, Taureon, BENQI, Interop Ventures, Elixir Capital, etc.
Completed Series A financing in April 2024, raising $38 million from institutions such as Polychain*, Hack VC, Foresight Ventures, Placeholder, Archetype, Maven11, Robot Ventures, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, Aptos, Figment Capital, Citizen X, Gm Capital, etc.
Invested by Binance Labs in May 2024, but specific details have not yet been disclosed.
Three, Project Highlights
Ultra High Interoperability: Cross-Chain Sharing: Achieves efficient cross-chain circulation of assets, liquidity, and resources through the Move Stack Chains architecture. Compatible with mainstream L2 ecosystems (such as Polygon, Arbitrum, etc.), facilitating expansion and access to more applications.
Fast Transaction Finality: Technical Advantage: Using Fast-Finality Settlement technology, transaction confirmation time is only a few seconds. Suitable for efficient application scenarios such as DeFi and NFTs that require rapid transaction confirmation.
Strong Economic Security: PoS Mechanism: Ensures transaction security based on Proof of Stake (PoS) mechanism. Dishonest validators will face economic penalties, enhancing system security.
Multi-Asset Staking: Flexible Staking: Supports staking of various cryptocurrencies, lowering the user entry barrier. Simplifies management processes through Pool Tokens, improving fund utilization efficiency.
Decentralized Shared Sequencer (DSS): Introduces a decentralized shared sequencer, replacing traditional centralized sequencers, significantly enhancing system security, fault tolerance, and fairness. Additionally, it supports atomic swaps and shared liquidity across chains, enhancing interoperability between different chains.
MoveVM Efficient Virtual Machine: As the execution engine for smart contracts, MoveVM provides higher customizability, compilation efficiency, and security. It is the core of the Move Stack Chains architecture, ensuring efficient execution of contracts within Rollups.
High Scalability and Resource Optimization: The shared infrastructure provided by Move Arena significantly reduces the costs and resource requirements of individual Rollup deployments. The shared infrastructure facilitates the efficient flow of resources and assets within the ecosystem, enhancing overall performance and user experience. Additionally, it optimizes the distribution and execution of cross-chain resources, further improving network efficiency.
Developer-Friendly Ecosystem: Provides a wealth of developer tools and architectural support, lowering the technical barrier for Rollup development and deployment. Equipped with strong development support and customizability, enabling developers to quickly create and scale applications. Additionally, it encourages developers to leverage other on-chain resources, protocols, and communities within the ecosystem, enhancing the ecosystem's activity and scalability.
Four, Token Information:
Token Name: Movement (MOVE)
Total Current Token and Maximum Supply: 10,000,000,000 MOVE
Circulating Supply before Listing on Binance: 2,250,000,000 (accounting for 22.5% of the maximum supply)
After six months of spot listing, 5% of the maximum supply of another token will be allocated to Launchpool.
Total Amount of HODLer Airdrop Tokens: 200,000,000 MOVE (accounting for 2% of the maximum token supply)
Ecosystem + Community: 40%
Initial Debt: 10%
Foundation: 10%
Early Contributors: 17.5%
Early Supporters: 22.5%
Five, Conclusion:
The Movement (MOVE) project builds an economically efficient, scalable, and highly interoperable decentralized infrastructure by combining high interoperability, fast finality, strong security, and developer-friendly architecture. It provides significant performance enhancements, cost optimization, and security assurances for users, developers, and the entire ecosystem of partners. This project not only focuses on technical breakthroughs but also aims to enhance the interoperability, liquidity, and resource integration of the entire ecosystem, ultimately creating a more efficient, flexible, and secure decentralized internet ecosystem.