Movement Network Foundation announces MoveDrop, airdropping 10% of tokens to the community

Odaily Planet Daily reported that the Movement Network Foundation announced the MoveDrop airdrop plan, which aims to reward early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community. Users who meet the conditions include: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders. Users can visit the MoveDrop website and register until 2 pm UTC on December 2, 2024. After the TGE (coming soon), you can check the MoveDrop qualifications and claim the airdrop. Failure to register on time will result in loss of MoveDrop eligibility. Users can choose to claim $MOVE on the Ethereum mainnet, or they can claim $MOVE after the Movement Network mainnet (coming soon), which will generate a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE tokens in future events. Earlier news, the Movement Network Foundation announced the economic model of the $MOVE token, with a total supply of 10 billion tokens and an initial circulation of about 22%. Among them, 60% of the tokens will be allocated to the community, including the ecosystem and community (40%), initial claims (10%) and the foundation (10%). The rest will be allocated to early contributors (17.5%) and early investors (22.5%).