The Movement Network Foundation releases MOVE token economics, with 60% of the total distributed to communities
On November 26, the Move Language Infrastructure Movement Network Foundation announced the token economics of its token MOVE. The total supply of MOVE tokens is 10 billion, the initial circulation is approximately 22%, and 60% of the total will be distributed to communities, including ecosystems and communities, foundations, and initial claims. The specific allocation is as follows: ·Ecosystem and community: 40% ·Initial claim: 10% ·Foundation: 10% ·Early contributors: 17.5% ·Early investors: 22.5% MOVE tokens will be gradually unlocked within 60 months, teams and investors cannot participate in the pledge at the beginning.
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