Movement
Movement
MOVE
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Movement BasicReport a Data Error
- Dec 8,2024Movement Labs' native token, MOVE, was simultaneously listed on major exchanges, including Binance, OKX, Gate.io, and HashKey, with spot trading pairs like MOVE/USDT going live. This marked a significant milestone, boosting MOVE's accessibility and liquidity across the global cryptocurrency market.
- Nov,2024Hosted the "Battle of Olympus" Web3 hackathon, attracting over 2,100 project submissions. With $2 million in prizes, the event highlighted the Move-based ecosystem's potential for innovation.
- Oct,2024Partnered with Gate Ventures and Boon Ventures to establish a $20 million Web3 innovation fund, focusing on decentralized finance (DeFi), on-chain gaming, and decentralized infrastructure projects.
- Sep,2024Movement Labs revealed plans to implement a rapid Layer 2 settlement mechanism, aiming to achieve sub-one-second transaction finality by the end of 2024.
- Jul,2024Successfully launched the high-throughput Ethereum Rollup testnet, providing developers with an environment to deploy decentralized applications with enhanced scalability.
Movement Info
- Dec 8,2024Movement Labs' native token, MOVE, was simultaneously listed on major exchanges, including Binance, OKX, Gate.io, and HashKey, with spot trading pairs like MOVE/USDT going live. This marked a significant milestone, boosting MOVE's accessibility and liquidity across the global cryptocurrency market.
- Nov,2024Hosted the "Battle of Olympus" Web3 hackathon, attracting over 2,100 project submissions. With $2 million in prizes, the event highlighted the Move-based ecosystem's potential for innovation.
- Oct,2024Partnered with Gate Ventures and Boon Ventures to establish a $20 million Web3 innovation fund, focusing on decentralized finance (DeFi), on-chain gaming, and decentralized infrastructure projects.
- Sep,2024Movement Labs revealed plans to implement a rapid Layer 2 settlement mechanism, aiming to achieve sub-one-second transaction finality by the end of 2024.
- Jul,2024Successfully launched the high-throughput Ethereum Rollup testnet, providing developers with an environment to deploy decentralized applications with enhanced scalability.
Movement Team
Movement Intro
Movement Network is an ecosystem of modular, Move-based blockchains that empowers developers to create secure, high-performance, and interoperable blockchain applications, effectively bridging the gap between the Move and Ethereum Virtual Machine (EVM) ecosystems. As the first Move-EVM Layer 2 (L2) solution for Ethereum, Movement Network offers open-source tools and protocols to facilitate the adoption of the Move programming language across various blockchain platforms.
With Movement, developers can effortlessly deploy high-performance Move Virtual Machine (MoveVM) rollups. The platform integrates Celestia for data availability, decentralized shared sequencing, and fast finality through attestations, providing unparalleled transaction throughput and security.
Supported by prominent investors such as Polychain Capital, Binance Labs, Hack VC, Placeholder, and Archetype, Movement Labs is pioneering blockchain interoperability and advancing Move-based technologies within the Web3 space. In April 2024, Movement Labs secured $38 million in Series A funding to further its mission of integrating the Move Virtual Machine into the Ethereum ecosystem, thereby enhancing smart contract security and transaction efficiency.
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Movement Token unlock
Movement Token allocation
Q&A about Movement Tokenomics
Q: What's MOVE's tokenomics?
A:
Ecosystem + Community (40%)
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.
Initial Claims (10%)
10% of $MOVE tokens will be distributed to the Movement Network community – through the MoveDrop and other initial claims activities.
Foundation (10%)
10% of $MOVE tokens are reserved to support the ongoing operations of Movement Network Foundation, as they manage the growth, development, and decentralization of Movement Network.
Early Contributors (17.5%)
17.5% of $MOVE tokens are reserved for Early Contributors of Movement Network – who are primarily from Movement Labs. These Early Contributors come from across Engineering, Product, Community & Marketing, Business Development, Strategy, and other workstreams.
Early Backers (22.5%)
22.5% of $MOVE tokens are reserved for Early Backers of Movement Network – who have provided financial, advisory, and strategic support to Movement Network.
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Movement Network is an ecosystem of modular, Move-based blockchains that empowers developers to create secure, high-performance, and interoperable blockchain applications, effectively bridging the gap between the Move and Ethereum Virtual Machine (EVM) ecosystems. As the first Move-EVM Layer 2 (L2) solution for Ethereum, Movement Network offers open-source tools and protocols to facilitate the adoption of the Move programming language across various blockchain platforms.
With Movement, developers can effortlessly deploy high-performance Move Virtual Machine (MoveVM) rollups. The platform integrates Celestia for data availability, decentralized shared sequencing, and fast finality through attestations, providing unparalleled transaction throughput and security.
Supported by prominent investors such as Polychain Capital, Binance Labs, Hack VC, Placeholder, and Archetype, Movement Labs is pioneering blockchain interoperability and advancing Move-based technologies within the Web3 space. In April 2024, Movement Labs secured $38 million in Series A funding to further its mission of integrating the Move Virtual Machine into the Ethereum ecosystem, thereby enhancing smart contract security and transaction efficiency.