What Is MOVE Network (MOVD)?
MOVE Network is an essential NFT aggregator (a one-stop complete NFT information place) carrying a broad range of NFT products for businesses and users worldwide. The platform enables start-ups and enterprises to hold value by utilizing blockchain technologies to create, exchange, stake, and auction the NFTs. Further, the platform also facilitates individuals to own and swap NFT IPs related to artwork, entertainment, music, and esports.
As an NFT aggregator, the platform aims to empower creators and fans to conveniently immerse themselves into the NFT Metaverse and obtain fruitful results from the NFT-Fi ecosystem. According to the asset’s whitepaper, to support this ecosystem, MOVE Market was introduced under the network. The market aims to provide all NFT activities, such as creation, discovery, and trading in the same ecosystem.
Besides the above framework, MOVE Network is also known as a non-custodial platform for individuals. This non-custodial platform allows users to gather, trade, and create collectibles under their flagship. However, the front end of these collectibles belongs to the decentralized auction market and the mining pool. Thus, the platform develops an in-built cross-chain that reinforces the connection between the blockchain assets, participants, and the real world.
MOVE Network is managed and supported by the MOVE Market and the fungible and native MOVD tokens. The MOVD tokens function as a utility and governance token. MOVE Network platform users can get several advantages by owning verified MOVD tokens, such as:
Priority Listings: The validated token holders' listings acquire increased visibility and better placement in the marketplace.
NFTAirdrop: The token stakers are authorized to partake in NFT Airdrop.
History of MOVE Network (MOVD)
The MOVE Network was launched in 2021 for individuals and start-ups worldwide. The whitepaper of the network was released in October 2021.