According to PANews on November 27, the Movement Network Foundation announced the MoveDrop airdrop plan, which aims to reward early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community. Users who meet the conditions include: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.

Users can visit the MoveDrop website and register until 2pm UTC on December 2, 2024. After the TGE (coming soon), you can check your MoveDrop eligibility and claim the airdrop. Failure to register on time will result in loss of MoveDrop eligibility.

Users can choose to claim $MOVE on the Ethereum mainnet, or they can claim $MOVE after the Movement Network mainnet (which will be launched soon), which will generate a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE tokens in future events.

Earlier yesterday, the Movement Network Foundation announced the economics of MOVE tokens, with 60% allocated to the community.