Movement Network, an Ethereum Layer 2 solution built using the Move programming language, has launched the MoveDrop airdrop to reward its early users and community members.
The program allocates up to 1 billion $MOVE tokens, which represents 10% of the total supply, to eligible participants who engaged with the Movement Testnet prior to a snapshot taken on November 23, 2024.
The $MOVE token will have substantial utilities including staking, gas fees, and governance.
Additionally, participants have the option to claim their tokens on the Ethereum Mainnet or wait until the Movement Network launches to receive a 1.
25x bonus.
Registration for the airdrop is open until December 2, 2024, at 2 PM UTC.