MOV Introduction

MOV is the utility token of the MOTIV Protocol

MOTIV Protocol
MOTIVProtocol
3 min readAug 28, 2020

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The MOTIV Protocol is an educational and decentralized identification platform that provides educational information equally to students, parents, academy managers, and advertisers using blockchain technology in the advent of the Fourth Industrial Revolution. The MOTIV Protocol guarantees reliable security for its users and promises to work tirelessly to offer new solutions for the education field in the digital age.

Welcome to the MOTIV Protocol! Today, we will be observing the token economy of MOV, which is essentially the utility token of the MOTIV Protocol. It is currently listed under the pairing MOV/KRW in one of the largest cryptocurrency exchange platforms in Korea, Coinone. In this post, we will see where and how MOV tokens can be utilized within and beyond MOTIV’s platform. In general, MOV tokens can be purchased from the platform itself or from both local and global cryptocurrency exchanges. It can be used for tuition fees, data usage, or job-seeking payment purposes.

MOV (MOTIV Token)

  • Lecture Purchase Fees
  • Academy Registration Fees
  • Data Utilization Fees
  • Lecture Review Rewards
  • Community Activity Rewards
  • Advertising Rewards

The MOTIV Token or MOV Token is a utility token that is widely utilized for MOTIV ecosystem growth. The MOTIV token is issued based on the Ethereum network, and the contact address is shown below.

Contract address : 0x40284109c3309a7c3439111bfd93bf5e0fbb706c

The definition of the MOTIV token and its role on the platform are as follows:

First, MOV is an incentive token that promotes the activities of learners, parents, academy managers, and advertisers.

Second, MOV is used as a payment method for lectures between learners and academies on the MOTIV platform.

Third, MOV is used to pay for registration fees at academies. Learners, parents, academy managers, and advertisers contribute to the increase and maintenance of the value of MOV tokens by utilizing the MOTIV platform and conducting various economic activities within the platform.

MOV is a utility token used on the MOTIV platform, which can be acquired through activities in the MOTIV ecosystem and can be purchased from digital asset exchanges in Korea or abroad. MOV is used as a means of payment in the ecosystem, and participating entities can utilize MOV to generate revenue. In addition, additional benefits are provided to MOV holders, which will form a virtuous cycle in which the platform is activated as the number of holders increases.

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MOTIV Protocol
MOTIVProtocol

To Achieve a Better Education System with Blockchain Technology