Movement Network Foundation Announces MoveDrop, Airdrops 10% Token to Community
Movement Network Foundation announces MoveDrop, an airdrop programme designed to reward Movement's early adopters and community members.MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement test network builders.
Users can visit the MoveDrop website and register until 2 December 2024 at 2:00 p.m. UTC. after TGE (Coming Soon) to view MoveDrop eligibility and receive airdrops. Failure to register on time will result in loss of MoveDrop claim eligibility.
Users have the option of claiming $MOVE on the main Ether network, or waiting to claim $MOVE after the main Movement Network network (coming soon), which will result in a 1.25x reward multiplier.The Movement Network Foundation has also stated that it plans to distribute more $MOVE tokens at future events.
In previous news, Movement Network Foundation announced the economic model for $MOVE tokens, with a total token supply of $10 billion and an initial circulation of approximately 22%. Of this, 60% of the tokens will be distributed to the community, including the ecosystem and community (40%), initial pledges (10%) and the Foundation (10%). The remainder is allocated to early contributors (17.5 per cent) and early investors (22.5 per cent).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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