$mov, the currency of sport.
The $mov is a deflationary utility token designed to reward people for being physically active. Based on the daily activity index the system rewards people in $mov.
Available on our app & UNISWAP
Sport related services
Purchases and sales of NFTs
Future DAO governance
The $mov token is a deflationary utility token on the Polygon network (Polygon-Matic), following the ERC-20 standard. The ticker is “MOV” and the max total supply is 1B.
The engine that makes movn® work is to reward its users for participating and creating the ecosystem. 50% of token supply, 500M MOVs, is destined to rewards and distributed over a 10 year period.
With this big share of the tokens we get a large distribution among the community. The future DAO will be responsible for managing the reward system. Initially, we divide the reward into two blocks.
Until the system stabilizes, we will publish tables with the reward associated with each action. Later, it will be managed through a smart contract associated with a network of oracles.