movedrop

ChainCatcher news, according to official sources, Move Industries today announced the formation of a new leadership team by early employees of Movement Labs, with @torabyou serving as CEO and Ecosystem Architect, and @livingwithwill as President and Chief Marketing Officer. The new team will focus on improving governance transparency, strengthening audit mechanisms, and centering on technology and community building. The company will soon launch projects such as MoveDrop and Parthenon, along with significant technical upgrades.Previous news, Movement Labs announced the dismissal of Rushi Manche from his position.

ChainCatcher news, according to official sources, 740 million MOVE tokens have been returned to the foundation wallet for the preparation of MoveDrop. These tokens were previously allocated for the initial L1 phase of MoveDrop. The team stated that the Movement part of MoveDrop is nearing completion.

ChainCatcher news, Movement Labs co-founder Rushi Manche posted on X in response to the recent airdrop controversy, stating that MoveDrop is coming soon (confirmed to launch in April). Before that, we need to address several key issues:Ensure the security of the TVL bridged from Cornocopia, allowing users to directly use MOVE assets and DApps on-chain.Accelerating the deployment of the gamified testnet Parthenon, aimed at enhancing user experience.Clearly emphasize that users who have qualified for the airdrop do not need to meet any additional conditions.Actively monitoring and preventing witch attacks to protect the rights of genuine holders.Providing additional incentives for users during the waiting period.

ChainCatcher news, according to the official Movement Network Discord message, MoveDrop will be postponed to ensure the complete integration and security audit of Cornucopia, Parthenon v2, and MoveDrop.The team stated that the delay of MoveDrop is to ensure the stability and security of the ecosystem. The current focus includes Cornucopia, which will provide over $250 million in liquidity to drive ecosystem growth; Parthenon v2, whose community reward system will undergo significant upgrades to optimize user experience; and MoveDrop, which will further optimize the reward distribution mechanism to enhance network effects.Currently, the Movement Foundation is completing the mainnet bridging of Cornucopia funds, and the DApp and NFT teams are waiting to launch projects after the liquidity release, while the significant upgrades of Parthenon v2 still require further integration.

ChainCatcher news, the Movement Network Foundation announced on X that the MoveDrop on the Movement mainnet Public Beta is about to begin. To enhance the MoveDrop claiming experience, users can now pre-register for the claim using their registered Movement wallets.Previous news, the Movement Network Foundation announced the MoveDrop airdrop plan, aimed at rewarding early users and community members of Movement. MoveDrop will allocate 1,000,000,000 MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.

ChainCatcher message, the Movement Foundation posted on the X platform reminding that at this stage, tokens need to be claimed on Ethereum, and there will be another option later, MoveDrop participants can wait and claim on the Movement Network public mainnet.In addition, MOVE will be listed on centralized and decentralized exchanges.

ChainCatcher news, the Movement Network Foundation announced the MoveDrop airdrop plan, aimed at rewarding early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.Users can visit the MoveDrop website and register, with the deadline set for December 2, 2024, at 2 PM UTC. After the TGE (Token Generation Event), users can check their MoveDrop eligibility and claim the airdrop. Failing to register on time will result in the loss of MoveDrop claim eligibility.Users can choose to claim $MOVE on the Ethereum mainnet or wait until after the Movement Network mainnet launch (coming soon) to claim $MOVE, which will yield a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE tokens in future events.Previous news, the Move language infrastructure Movement Network Foundation announced the tokenomics of its token $MOVE, with a total supply of 10 billion, an initial circulation of about 22%, and 60% of the total will be allocated to the community, including ecosystems and communities, the foundation, and initial claims.