The Movement Network is preparing for its major Network Genesis and Token Generation Event (TGE), highlighted by the launch of the MoveDrop program. This initiative is designed to reward early supporters, developers, and active participants with $MOVE tokens, the native asset of the Movement ecosystem. With a substantial allocation of up to 1 billion tokens, this airdrop aims to recognize and incentivize community involvement.
What Is the MoveDrop Program?
MoveDrop is the official reward and token distribution program for the Movement Network. It will distribute up to 10% of the total $MOVE token supply to early adopters who contributed to the network’s growth through testing, development, social engagement, or hackathon participation.
Eligible users can claim their tokens through one of two options:
- Ethereum Mainnet: Available immediately at TGE.
- Movement Network Mainnet: If you wait until the mainnet launches, you’ll receive a 1.25x multiplier on your token allocation.
Key Dates
- Snapshot Date: November 23, 2024
- Registration Deadline: December 2, 2024, at 2 PM UTC
It’s essential to complete registration before the deadline—missing it will result in a loss of eligibility.
MoveDrop Eligibility Categories
Road to Parthenon
This is the largest category in the airdrop, targeting testnet users. Eligibility is based on two criteria:
- Transaction Completion: Users who performed at least two transactions on two different applications during the Porto or Suzuka testnet phases.
- Quest Completion: Participants who finished quests in the Road to Parthenon campaign will receive rewards proportional to their activity level and guild.
Note that anti-Sybil measures are in place. Wallets that conducted testnet transactions without using an official faucet are disqualified.
Battle of Olympus
This hackathon, held from May to September 2024, was a cornerstone event for Movement’s developer community. Winners and runners-up—ten winning projects and 53 additional teams—will receive $MOVE allocations.
Gmovers
Movement has a strong social media community, especially on X (formerly Twitter). Participants who used the hashtag #gmove are eligible for rewards. Those who took part in the #gmovechallenge may receive larger allocations.
Movement Testnet Builders
Development teams that built and deployed projects on the testnet are also eligible. Token rewards are based on each project’s level of contribution and readiness for the mainnet launch.
How to Claim Your $MOVE Tokens
If you believe you’re eligible, you must register through the official MoveDrop claims portal. After the TGE, you can log in to check your allocation and choose your preferred claiming method.
Opting to wait for the Movement mainnet launch increases your reward by 25%. This lets you choose between immediate liquidity or greater long-term value.
👉 Check eligibility and claim your tokens
Frequently Asked Questions
What is Movement Network?
Movement Network is a blockchain ecosystem focused on scalability and developer engagement. Its native token, $MOVE, is used for transactions, governance, and network incentives.
Who is eligible for the MoveDrop?
Eligibility spans testnet users, hackathon participants, social media promoters, and developers who built on the testnet. Each category has specific requirements detailed in the official announcement.
What is the difference between claiming on Ethereum vs. Movement Mainnet?
Claiming on Ethereum gives you immediate access to tokens after TGE. Waiting for the Movement mainnet offers a 1.25x bonus but requires patience until that network launches.
Can I claim if I missed the registration deadline?
No. The deadline of December 2, 2024, is firm. Late registrations will not be accepted.
How do I avoid airdrop scams?
Only use the official MoveDrop website for registration. Never share your private keys or enter personal information on unofficial sites.
What can I do with $MOVE tokens?
$MOVE will serve as the utility and governance token within the Movement ecosystem, enabling holders to pay fees, participate in voting, and engage in staking or liquidity provision.
The MoveDrop is an opportunity for early supporters to be rewarded for contributing to Movement Network’s growth. By understanding the eligibility categories and claiming process, you can maximize your participation in this significant event.