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

The Movement Network Foundation has announced the launch of the MoveDrop program, which will allocate 1 billion MOVE tokens (10% of the total supply) as rewards for early users and community members, covering participants in the Road to Parthenon, winners of the Battle of Olympus, Gmovers, designated community members, and testnet builders. Users need to register through the MoveDrop website by 2:00 PM UTC on December 2, 2024, or they will lose their eligibility. After the TGE, users can choose to claim MOVE through the Ethereum mainnet or wait for the launch of the Movement Network mainnet, in which case they will receive a 1.25x reward. Previous information has shown that the total supply of MOVE tokens is 10 billion, with an initial circulating supply of around 22%, of which 60% is allocated to the community, 17.5% to early contributors, and 22.5% to investors. The foundation also plans to distribute more MOVE in future events.