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Movement (Move) | A Network of High-Throughput Fast-FinalityMove-based Rollups
Binance Announces Movement (Move) Airdrop for BNB Holders. This airdrop offers a chance for BNB holders to receive tokens participating in Binance’s Simple Earn products.
Since the $MOVE is now listed on Binance so let’s explore more about Movement (Move) Token
What is Move?
Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
It is the first Ethereum L2 that will integrate Celestia for data availability, decentralized shared sequencing, optimistic rollup with option for dual-finality through Fast-Finality Settlement, and the Move Virtual Machine (MoveVM) for execution, which offers unparalleled transaction throughput. This integration will allow developers to create high-performance, consumer-focused applications with minimal resource expenditure.
Innovative Features of Move
30k+ Transactions per second due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.
Usecases of Move Network
Staking & Delegation for Economic Security: Validators stake Move to secure the network and earn staking rewards.Gas Fees: Move owners transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.Governance: Move holders participate in network governance, voting on proposals to shape the future of Movement.Collateral and Liquidity: Applications use Move as collateral, for liquidity provisioning, and as a native payment asset.Sequencer decentralization
Move Token investors and funding rounds
Over $41.4M raised from top-tier investors like Polychain, Binance Labs, OKX Ventures, and more
Movement Network has raised a $3.4mm Pre-Seed in Sep 2023.
Movement Network raised a $38mm Series A in April 2024, led by Polychain Capital.
Movement Network raised a Strategic Round in May 2024 with Binance Labs.
Move Network Tokenomics
Here are the Key metrics (as at December 9th 2024)
Move will have a maximum supply of 10,000,000,000 tokens, with an initial circulating supply of 22.5%. The majority of Move (60%) will be allocated to the Movement Network community – across Ecosystem & Community, Foundation, and Initial Claims tranches.
40% of Move tokens are reserved for Ecosystem, including the following:
Staking Rewards: Reserved for future distribution of validator rewards on Movement Network.Ecosystem Initiatives: Reserved for future distribution of grants to teams on Movement Network. Grants are awarded based on the completion of certain pre-defined milestones.Incentives & Liquidity Provisioning: Reserved for future distribution of incentives for usage of Movement Network, and to provide liquidity to bootstrap the Movement Network DeFi ecosystem.
Movement Token distribution and unlock schedule
Here is the current roadmap of movement token
Movement has more than 60+ dapps live on testnet today with $600M+ in committed TVL on mainnet launch.
Binance HODLer Airdrops
Binance holders airdrops is really a simple way to earn free money as there is no risk involved.
This unique benefit is reserved for users who staked their $BNB in Fixed Staking or Simple Earn products on Binance.
Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-12-02 00:00 (UTC) to 2024-12-05 23:59 (UTC) will get the airdrop distribution. If you haven’t done so already, it’s too late to join - however, you can join BNB staking now to qualify for future airdrops.
How can you subscribe to simple earn to get the future airdrops?
Go to binance.com and fine the "Earn" option as pointed in the below screenshot.
You can find this option on Binance app as well
Use your BNB holdings to subscribe to term or demand earn products.
By subscribing, you automatically qualify for the Holder airdrop as well as other benefits like Launchpool and Megadrop rewards.
I hope you liked the information i shared. I would like to hear your thoughts on it.
Since the $MOVE is now listed on Binance so let’s explore more about Movement (Move) Token
What is Move?
Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
It is the first Ethereum L2 that will integrate Celestia for data availability, decentralized shared sequencing, optimistic rollup with option for dual-finality through Fast-Finality Settlement, and the Move Virtual Machine (MoveVM) for execution, which offers unparalleled transaction throughput. This integration will allow developers to create high-performance, consumer-focused applications with minimal resource expenditure.
Innovative Features of Move
30k+ Transactions per second due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.
Usecases of Move Network
Staking & Delegation for Economic Security: Validators stake Move to secure the network and earn staking rewards.Gas Fees: Move owners transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.Governance: Move holders participate in network governance, voting on proposals to shape the future of Movement.Collateral and Liquidity: Applications use Move as collateral, for liquidity provisioning, and as a native payment asset.Sequencer decentralization
Move Token investors and funding rounds
Over $41.4M raised from top-tier investors like Polychain, Binance Labs, OKX Ventures, and more
Movement Network has raised a $3.4mm Pre-Seed in Sep 2023.
Movement Network raised a $38mm Series A in April 2024, led by Polychain Capital.
Movement Network raised a Strategic Round in May 2024 with Binance Labs.
Move Network Tokenomics
Here are the Key metrics (as at December 9th 2024)
Move will have a maximum supply of 10,000,000,000 tokens, with an initial circulating supply of 22.5%. The majority of Move (60%) will be allocated to the Movement Network community – across Ecosystem & Community, Foundation, and Initial Claims tranches.
40% of Move tokens are reserved for Ecosystem, including the following:
Staking Rewards: Reserved for future distribution of validator rewards on Movement Network.Ecosystem Initiatives: Reserved for future distribution of grants to teams on Movement Network. Grants are awarded based on the completion of certain pre-defined milestones.Incentives & Liquidity Provisioning: Reserved for future distribution of incentives for usage of Movement Network, and to provide liquidity to bootstrap the Movement Network DeFi ecosystem.
Movement Token distribution and unlock schedule
Here is the current roadmap of movement token
Movement has more than 60+ dapps live on testnet today with $600M+ in committed TVL on mainnet launch.
Binance HODLer Airdrops
Binance holders airdrops is really a simple way to earn free money as there is no risk involved.
This unique benefit is reserved for users who staked their $BNB in Fixed Staking or Simple Earn products on Binance.
Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-12-02 00:00 (UTC) to 2024-12-05 23:59 (UTC) will get the airdrop distribution. If you haven’t done so already, it’s too late to join - however, you can join BNB staking now to qualify for future airdrops.
How can you subscribe to simple earn to get the future airdrops?
Go to binance.com and fine the "Earn" option as pointed in the below screenshot.
You can find this option on Binance app as well
Use your BNB holdings to subscribe to term or demand earn products.
By subscribing, you automatically qualify for the Holder airdrop as well as other benefits like Launchpool and Megadrop rewards.
I hope you liked the information i shared. I would like to hear your thoughts on it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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