Movo Smart Chain (MOVO)

IEO

Last updated: Oct 18, 2023

Movo Smart Chain functions as a decentralized “Proof of Stake” blockchain, powered by the MOVO coin. Movo Chain is the fastest Layer 2 blockchain: Speed, Security, and User-Centricity.

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Whitepaper	Open

What is Movo Smart Chain

Movo Chain ground breaking Layer 2 blockchain ecosystem, designed with a focus on speed, security, and user-centricity.

Movo Chain emerges as a pioneer in Layer 2 blockchain technology. Combining speed, security, and user-centricity, MOVO provides an ecosystem that embraces the future of digital assets. decentralized. This white paper explores the architecture, capabilities, and features of the MOVO Chain, highlighting its role in enabling mass adoption and transforming the blockchain industry.
Movo Chain revolutionizes the blockchain landscape by combining speed, security, and user-centricity. Its unique features, scalability solutions, and commitment to sustainability have made it a powerful force in the digital asset space. With MOVO Chain, the future of blockchain is now within reach, providing an opportunity for users, developers, and businesses to capture the transformative potential of decentralized technology.
DPoS Validator Staking: Allows MOVO holders to stake their coins to validators, either by delegating or by running their own validator, contributing to network security.
Network Fees: Used to pay transaction fees on the Movo blockchain.
Governance: Movo holders actively participate in the future governance of the protocol.
Native Collateral: Movo can be utilized as native asset liquidity or collateral for applications on the Movo blockchain.

Details

IEO (Bitforex Launchpad): Oct 15, 2023 - Oct 25, 2023
Token supply: 10,000,000,000 MOVO
Total tokens for sale: 20,000,000 MOVO
Raised: 303,040 USDT

Legal

Registration country: United Kingdom

Office address: 27 Old Gloucester Street, London, United Kingdom

Token info

Ticker: MOVO
Type: Utility-token
Token price in USD: 1 MOVO = 0.05 USD
Token distribution:
Community - 51%
Airdrops & Promotions - 20%
Foundation Treasury - 10%
Founding Team & Advisors - 10%
User Incentives - 9%

Movo Smart Chain Roadmap

Foundation and Engagement

Testnet Launch and Refinement: Launch the Movo Chain testnet with core functionalities.
Engage developers and community for feedback and bug testing.
Airdrop Campaign and Community Building:

Initiate an airdrop campaign to distribute MOVO tokens.
Foster a vibrant and engaged community around Movo Smart Chain. Listing on CoinMarketCap and CoinGecko

Apply for listing on CoinMarketCap and CoinGecko.
Enhance visibility and credibility within the crypto market.

Innovation and Expansion

NFT Marketplace Integration
Develop and launch the NFT marketplace on Movo Smart Chain
Enable users to create, buy, and sell NFTs within the ecosystem.
Staking Launch and Incentives:

Introduce staking capabilities for MOVO holders.
Provide rewards to stakers, promoting network security and participation.

Custom Token Creation:

Enable users to create their own tokens on the Movo platform.
Encourage token diversity and innovative use cases.

Maturation and Mainnet Launch

Mainnet Release and Optimization: Conduct rigorous testing and optimization for the mainnet launch. Ensure a smooth transition for users from testnet to mainnet.
Top 10 Exchange Listings
Enhance liquidity and accessibility for MOVO traders.

Global Expansion and Advanced Features

Strategic Partnerships and Global Adoption Establish partnerships with industries and projects to drive adoption. Explore use cases beyond traditional blockchain applications
Liquidity Smart Integration:Implement the Liquidity Smart feature for seamless token exchange. Enhance user experience and facilitate efficient trading.

Leadership and Sustainability

Industry Conferences and Thought Leadership
Participate in major blockchain conferences to showcase achievements
Establish Movo Smart Chain as a respected player in the industry.
Continuous Development and Community Support Maintain ongoing development, updates, and improvements. Foster a strong and supportive community around Movo Smart Chain. This roadmap outlines Movo Smart Chain's journey through five phases, focused on technical development, user engagement, innovation, and global recognition. Each phase contributes to the platform's growth, utility, and long-term sustainability.