🟢 Movement, Transformation into 'The People's Chain' #KOL
Movement, which has been at the center of various controversies, has returned with a revamped plan and the slogan "The People's Chain."
✅ Movement's Reform Plan
- Implemented a $38 million buyback program in partnership with Binance.
- A market maker suspected of market manipulation sold 66 million MOVE tokens, generating approximately $38 million in profits. The funds were then returned to the Movement Foundation.
- The recovered funds were used to purchase MOVE tokens on the open market over three months.
- Expanded to 10 global hubs and communities in over 50 countries to restore trust and drive growth.
- Aiming to leap forward as a new community-based ecosystem.
✅ Transition to an on-chain, real-world Layer 1.
- Institutions and builders will directly execute transactions, liquidity management, staking, and governance on the Movement L1 platform.
- Aiming to evolve with a real-world focus, prioritizing ConsumerFi, RWA, stablecoins, and payments.
✅ KBW Movement Summit
- Movement's roadmap and information on various changes will be revealed at this KBW event.
- Polychain, Maven 11, OKX Partnerships with Wallet, Chainlink, Privy, and others demonstrate commitment to ecosystem expansion.
- Establishing a differentiated support system focused on builders through direct investment through Move Tank.
▶️ Apply for the KBW Movement Summit