The $MOVD Token — MOVE Network’s Utility & Governance Token
With the recent announcement of the closing of our 1.5 million US dollar seed round, we are excited to share more information regarding the role of the $MOVD token within the MOVE Network ecosystem and dive into the tokenomics. Below we will cover some of the most important information relating to the utility of $MOVD, demonstrating how it was created with our community’s best interest in mind.
As a $MOVD token holder, you will gain several benefits, namely:
1. Digital Assets Trading- The MOVECHAIN enables MOVE NFT to transact in an incredibly fast and stable environment.
2. $MOVD Token Staking- Stake $MOVD to receive NFT rewards that cover both entertainment, music, art and gaming.
3. NFT Studio- NFT on MOVE Market will be created based on the $MOVD. The MOVECHAIN owns its NFT token standard.
4. NFT Auction- NFT trading house provides flexible sale terms, auction variations.
$MOVD Token Distribution
Our tokens are distributed in a way that supports the long-term growth of a strong and engaged MOVE Network ecosystem. The supply of $MOVD tokens is capped at 100 million, with the 20% of tokens going towards our token sales, 50% allocated to mining, 15% to MOVE Network ’s team, 5% of the community and 10% of the partnership.
We are excited to launch the MOVE Network to the world and usher in the ultimate user-focused, all-encompassing NFT platform. The MOVE Network would like to thank our community for your incredible support!
ABOUT MOVE Network
MOVE Network is a leading NFT aggregator covering a wide spectrum of NFT products. MOVE Network allows enterprises and start-ups to integrate blockchain technologies to enhance their existing businesses. Users can utilize MOVE Network to own and trade NFT across a variety of sectors including entertainment, music, artwork, and esports.
Join the MOVEment!