⚡Movement Major Announcement| Official Token Economics——
The ticker is $MOVE.
$MOVE will become the utility token, native asset, GAS fees, etc., of the Movement Network ecosystem.
1⃣️Token Distribution
High level structure, 60% of community allocation!
10% of the $MOVE tokens will be distributed to the Movement Network community through MoveDrop and other initial claim activities.
Check eligibility queries are not available yet, please wait for the official announcement!
Total Supply: 10 billion $MOVE
Initial Circulating Supply: 22.5%
Distribution Plan:
40% for ecosystem and community
10% Initial Distribution
10% Foundation
17.5% Early Contributors
22.5% Early Supporters
2⃣️What is Movement——
Movement is the first Move blockchain settled on Ethereum, providing higher security, higher TPS, and near-instant final confirmations.
Previously written research report:
https://x.com/btw0205/status/1810244194965021134?s=46&t=1fmViEEp4ahAv6QgAcIA2g
Looking forward to the upcoming performances!
Gmove——
