⚡️ @Movementlabsxyz unveils the $MOVE token ahead of its public mainnet launch

The Movement Foundation has introduced its native #MOVE token with a supply of 10B tokens. The firm plans to conduct its TGE on Ethereum with 40% (4B tokens) allocated to ecosystem and community initiatives. Moreover, the foundation will keep 10% (1B tokens), 17.5% (1.75B tokens) to early contributors, and 22.5% (2.25B tokens) to early backers.

Movement has secured $38M in funding led by @Polychain and an undisclosed investment from @BinanceLabs. Movement aims to build an ecosystem of modular Move-based blockchains, starting with Move Virtual Machine Layer 2 for Ethereum.

👉