MOVEMovement (MOVE) Price

1.Project Introduction

Movement Network is an ecosystem of modular Move-based blockchains enabling developers to build secure, high-performance, and interoperable blockchain applications. It bridges Move and EVM ecosystems as the first Move-EVM Layer 2 on Ethereum, facilitating Move VM rollups and enhancing interoperability. The team develops products allowing non-Move protocols to leverage Move language benefits without coding in Move. 

2.Team introduction

Rushi Manche - Co-founder

https://www.linkedin.com/in/rushimanche/

Cooper Scanlon - Co-founder

Franck Cassez - Head of Research

3.Investment institution

Binance Labs, CoinFund, Nova Fund (Brevan Howard), Polychain Capital, Hack VC, dao5, Robot Ventures

4.Token application and distribution

Token application

The MOVE token serves multiple purposes including staking for network security, paying transaction fees, participating in governance, providing liquidity, serving as collateral in various applications, and supporting economic security through staking.

Token distribution

COMMUNITY: 60.00%

-Ecosystem and Community: 40.00%

-Initial Claims: 10.00%

-Foundation: 10.00%

EARLY CONTRIBUTORS: 17.50%

EARLY INVESTORS: 22.50%