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Moonriver (MOVR) @MoonbeamCommunity

Moonriver is developed by the Moonbeam Foundation and PureStake is the main organization behind it. The founder and project leader of Moonriver is Derek Yoo, who is also the founder of PureStake

Moonriver (MOVR) Coin is an Ethereum-compatible smart contract tool that runs as a parachain on the Kusama network. Scheduled to launch in June 2021, Moonriver plays a critical role in testing and validating new features for its sister network Moonbeam before they are released on the Polkadot network.

Key Features of Moonriver

Moonriver provides the necessary environment for testing new code under real economic conditions. Once the code submitted to Moonriver is proven to be testable and verified, it is sent to Moonbeam on Polkadot.

Mirroring Ethereum’s Web3 RPC, Moonriver enables developers to deploy distributed applications (DApps) with minimal changes and minimal impact to Solidity smart contracts. Thanks to its high compatibility with Ethereum, it has become a recommended option for developers looking to move their projects to a more scalable and affordable environment.

MOVR is the cornerstone of the Moonriver ecosystem and is Moonriver’s native coin, driving a variety of uses such as smart contract execution, transaction fees, and on-chain governance participation. Since most MOVR tokens are owned by the community, the network also plays a key role in decision-making by adopting a community-driven governance structure.

Many analysts predict growth for MOVR

$BNB

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