Moveco’s MOV token is now an ERC20 Token

Moveco
Moveco
Published in
2 min readMay 24, 2018

Moveco’s MOV token is now an ERC20 Token. Upon receiving many concerns from the community regarding accessibility of the stellar network, the team has moved MOV to the Ethereum Network. MOV will no longer be a Stellar Asset.

The decision to transfer to the Ethereum Blockchain was an easy one. After so many concerns and question about the stellar network — becoming ERC20 compliant was the obvious choice. There are many ‘pros’ and ‘cons to each but accessibility is what our community wanted most and we listened.

All Wallet addresses associated with our Bounty or Airdrop will need to be updated. Please fill out the form here — Wallet Address XLM to ERC20 or find the link at the bottom of this article. If you have any questions or need any assistance, please reach out to us on Telegram- https://t.me/moveco

MOV Token Details

Moveco’s ICO Token Sale is preparing to go LIVE at the end of May. Moveco’s Token is ERC20 Compliant given its reliability and long history in the blockchain space. Moveco’s transaction token symbol is MOV. The role of the tokens will be as a utility token used by consumers on Moveco’s redemption platform and also with corporate loyalty partners on the data hub, data insights platform, or the ad inventory within the Moveco App.

Token Sale Specifics

The Private and Corporate Pre-Sales will start at the end of May. After the completion of the Pre-Sales The Public Crowd sale will begin June 1st-July 1st. The total supply of tokens is 1,000,000,000 MOV. A total allocation of 180,000,000 MOV tokens will be available during the entire sale including Bonuses. Bonuses will be provided to early token holders and will include a short lockout period after the sale to encourage stability. The Hardcap for the sale will be $20,000,000 USD and will hold a Softcap of $5,000,000 USD. MOV an estimated exchange rate equivalent to $0.15 USD.

Link: XLM to ERC20 Wallet address Change form

https://goo.gl/forms/4aYmAvJBdMUsW8Zv2

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https://t.me/movecobounty

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Moveco
Moveco
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Moveco is a mobility ecosystem that rewards you for your mileage. Find out more about us at moveco.io or read out whitepaper at moveco.io/ico