Today, Movement Network Foundation is proud to announce the Token Generation Event (“TGE”) of $MOVE. This represents a significant milestone for the Movement Network, creating Network utility and opening new pathways for the long-term growth of the Network in a manner governed by the community.
Token Generation Event of $MOVE
On December 9 at approximately 12:00 UTC, Movement Network Foundation successfully launched $MOVE – the utility token of the Movement Network ecosystem.
Movement Network Foundation hopes that $MOVE will help it achieve its long-term objectives. The launch of $MOVE creates the foundational utility that the Movement Network will rely on.
$MOVE is available on major centralized and decentralized venues – please refer to the latest updates on these venues via Movement Network’s Foundation’s X.
$MOVE Claims
Now that TGE has occurred, qualified MoveDrop participants can claim their $MOVE.
To do so, visit the MoveDrop claims page.
There is another option. MoveDrop participants can wait and claim on Movement Network Public Mainnet. This may create eligibility for a 1.25x $MOVE multiplier.
Movement Network Mainnet Beta
Last week, Movement Network foundation successfully launched Mainnet Beta. This initial phase of the Movement Network’s launch allows for infrastructure providers to initiate operations, including providers running follower nodes and RPC nodes. It also enables the Movement Network to begin building economic security on Ethereum Mainnet, a necessity for testing and improving the Movement’s postconfirmations.
Concluding Thoughts
With the $MOVE TGE, we’re thrilled for what’s next for the Movement Network. We’re also excited to see how the amazing Movement community will guide the Movement Network and bring Move’s superior security guarantees to Ethereum.
For more on $MOVE, please visit the $MOVE reveal and MoveDrop posts.
THIS IS FOR INFORMATIONAL PURPOSES ONLY AND NOT AN OFFERING TO SELL, THE SOLICITATION OF AN OFFER TO PURCHASE, OR AN ENCOURAGEMENT TO PURCHASE TOKENS. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL OR YOUR OWN RESEARCH. THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING, AND/OR PROJECTED FIGURES, WHICH ARE APPROXIMATE, NOT GUARANTEED AND ARE SUBJECT TO CHANGE; ACTUAL NUMBERS MAY VARY. MOVEMENT NETWORK FOUNDATION AND ITS SUBSIDIARIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.