Tokenomics
Movo Coin serves as the primary token within the Movo Chain project, with a total supply of 10,000,000,000 MOVO
Thoughtfully designed tokenomics aim to establish a sustainable ecosystem, encouraging participation and ensuring fairness for all communities and users.
Total Supply Allocation 👍
Community (51%): This is a pivotal part of tokenomics, reserved for the user community, developers, and contributors. Within this category: Ecosystem Reserve (49%): Allocated to sustain and promote the ecosystem, including product development, marketing, and incentivizing engagement.
Staking Rewards: Movo Coin can be staked to earn profits, fostering decentralization and community engagement.
Ecosystem Initiatives: Projects and contributions within the ecosystem, such as contributions, development, and verification, can be rewarded with Movo Coin.
Airdrops and Promotions (20%): A portion of the total supply is reserved for distribution through airdrops, testing promotions, and continuous distribution programs, motivating community involvement and usage.
Foundation Treasury (10%): A portion is dedicated to operations or administration of the MOVO Foundation, ensuring the project's sustainability and continuous development.
Founding Team and Advisors (10%): A percentage is allocated to founding team members and advisors, incentivizing their active involvement in project development and providing quality support.
User Incentives (9%): A smaller portion is designated for users through participation in promotions and events. This encourages engagement and fosters a connection with end-users.
The allocation of MOVO Tokenomics is designed with the goal of creating a diverse ecosystem, encouraging participation, and ensuring fairness throughout the distribution process. By promoting decentralization, incentivizing community contributions, and cultivating a positive usage environment, Movo Coin successfully shapes a tokenomics framework aligned with development objectives and the project's sustainability.
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