Question 1

What is Movement (MOVE)?

Accepted Answer

Movement (MOVE) is the native cryptocurrency of the Movement Network, a platform of modular, Move-based blockchains designed to empower developers in creating secure, high-performance, and interoperable blockchain applications. It serves as a bridge between the Move and Ethereum Virtual Machine (EVM) ecosystems, being the first Layer 2 solution for Ethereum that utilizes Move technology.

The Movement Network integrates the Move programming language, originally developed by Meta (formerly Facebook), to enhance security and efficiency in smart contract development. By combining Move's advanced features with Ethereum's established infrastructure, Movement aims to improve the Ethereum ecosystem by introducing superior security features and a diverse range of new developers and applications.

Question 2

What is Movement (MOVE) used for?

Accepted Answer

MOVE tokens serve multiple functions within the Movement Network ecosystem:

* **Transaction Fees:** MOVE is used to pay for gas fees on the Movement Network's Layer 2 platform. A portion of these fees is allocated to settle transactions on the Ethereum Mainnet.

* **Staking for Economic Security:** Validators stake MOVE tokens to provide economic security for the network. By confirming the correctness of the network's state, active validators receive MOVE staking rewards.

* **Governance and Decentralization:** MOVE token holders can participate in the decentralization of governance over time. They have the ability to propose and vote on governance proposals to change certain network parameters and engage in future community initiatives.

* **Native Asset Utility:** As the native asset of the Movement Network, MOVE is utilized in various applications built on the network, including asset liquidity, collateral, and payment solutions.

Question 3

Who created Movement (MOVE)?

Accepted Answer

Movement Labs, founded in 2022 by co-founders Rushi Manche and Cooper Scanlon, is responsible for the development of the Movement Network and the MOVE cryptocurrency.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	MOVE-USDT MOVEUSDT	binance	AA	0.006933USDT	-1.72%	25,225,686.80MOVE	3,901	0.007054USDT	0.007267USDT
2	MOVE-USDT MOVE_USDT	whitebit	BB	0.006940USDT	-1.62%	23,953,981.80MOVE	12,017	0.007054USDT	0.007277USDT
3	MOVE-USDT MOVE-USDT	okex	A	0.006947USDT	-1.29%	18,659,437.70MOVE	2,692	0.007038USDT	0.007270USDT
4	MOVE-USDC MOVE_USDC	whitebit	BB	0.006932USDC	-1.62%	7,621,201.30MOVE	2,155	0.007046USDC	0.007261USDC
5	MOVE-USDT MOVEUSDT	bybit	A	0.006926USDT	-1.66%	7,010,263.90MOVE	3,090	0.007043USDT	0.007276USDT
6	MOVE-USDT MOVEUSDT_SPBL	bitget	BB	0.006940USDT	-1.42%	2,561,754.20MOVE	365	0.007040USDT	0.007260USDT
7	MOVE-USDT MOVE_USDT	gateio	A	0.006945USDT	-1.95%	1,730,989.00MOVE	455	0.007083USDT	0.007266USDT
8	MOVE-EUR MOVE_EUR	whitebit	BB	0.006179EUR	-1.89%	1,737,777.10MOVE	646	0.006298EUR	0.006489EUR
9	MOVE-USDT MOVE-USDT	kucoin	BB	0.006920USDT	-2.67%	560,329.00MOVE	110	0.007110USDT	0.007220USDT
10	MOVE-USDC MOVEUSDC	bybit	A	0.006930USDC	-2.67%	79,996.40MOVE	26	0.007120USDC	0.007220USDC
11	MOVE-USDC MOVE-USDC	okex	A	0.006947USDC	-2.31%	45,760.80MOVE	4	0.007111USDC	0.007111USDC
12	MOVE-EUR MOVE-EUR	okex	A	0.006206EUR	-2.68%	40,658.80MOVE	2	0.006377EUR	0.006469EUR
13	MOVE-USDT move_usdt	lbank	C	0.006927USDT	-1.67%	146,630,423.16MOVE	84,888	0.007045USDT	0.007265USDT
14	MOVE-KRW KRW-MOVE	upbit	B	9.32KRW	-1.38%	145,013,331.24MOVE	2,646	9.45KRW	9.76KRW
15	MOVE-USDT MOVEUSDT	bitrue	D	0.007100USDT	-1.39%	25,071,052.00MOVE	37,140	0.007200USDT	0.007400USDT
16	MOVE-TRY MOVETRY	btcturk	E	0.3449TRY	-1.71%	16,339,878.20MOVE	650	0.3510TRY	0.3610TRY
17	MOVE-KRW MOVE_KRW	bithumbkorea	-	9.29KRW	-1.42%	13,101,602.38MOVE	763	9.43KRW	9.74KRW
18	MOVE-USDT MOVE_USDT	bitunix	C	0.006931USDT	-1.63%	10,429,303.60MOVE	6,571	0.007046USDT	0.007269USDT
19	MOVE-USDT MOVEUSDT	toobit	C	0.006902USDT	-2.15%	10,360,203.30MOVE	5,027	0.007054USDT	0.007256USDT
20	MOVE-USDT MOVE-USDT	bigone	-	0.007100USDT	0.00%	9,051,311.90MOVE	5,513	0.007100USDT	0.007100USDT
21	MOVE-USDC MOVEUSDC	mexc	C	0.006925USDC	-1.87%	7,860,451.73MOVE	3,038	0.007057USDC	0.007254USDC
22	MOVE-USDT MOVE_USDT	coinw	-	0.006927USDT	-1.79%	6,133,605.00MOVE	1,561	0.007053USDT	0.007256USDT
23	MOVE-USDT MOVE-USDT	bingx	D	0.006935USDT	-1.59%	4,630,847.80MOVE	4,728	0.007047USDT	0.007278USDT
24	MOVE-USDT MOVE_USDT	bydfi	-	0.006930USDT	-1.56%	3,413,971.33MOVE	2,711	0.007040USDT	0.007270USDT
25	MOVE-USDT MOVEUSDT	btcturk	E	0.006940USDT	-1.56%	2,311,623.80MOVE	46	0.007050USDT	0.007120USDT
26	MOVE-BTC BTC-MOVE	upbit	B	0.0₇9000BTC	0.00%	0MOVE	0	0.0₇9000BTC	0.0₇9000BTC
27	MOVE-EUR MOVE-EUR	bitvavo	B	0.006357EUR	-0.14%	419,571.68MOVE	20	0.006366EUR	0.006467EUR
28	MOVE-IDR moveidr	indodax	E	125.00IDR	-3.10%	138,126.31MOVE	24	129.00IDR	131.00IDR
29	MOVE-USDT moveusdt	huobipro	C	0.007000USDT	-1.41%	117,299.05MOVE	24	0.007100USDT	0.007200USDT
30	MOVE-INR MOVEINR	coindcx	-	0.6822INR	-6.67%	46,265.70MOVE	24	0.7309INR	0.7316INR
31	MOVE-KRW move_krw	korbit	C	9.43KRW	-1.82%	14,134.70MOVE	2	9.60KRW	9.60KRW
32	MOVE-KRW MOVE_KRW	coinone	C	9.30KRW	-3.18%	12,321.77MOVE	13	9.61KRW	9.67KRW
33	MOVE-USDT MOVE_USDT	cryptology	D	0.007270USDT	0.00%	0MOVE	0	0.007270USDT	0.007270USDT
34	MOVE-USDT MOVEUSDT	hitbtc	E	0.008400USDT	0.00%	0MOVE	0	0.008400USDT	0.008400USDT
35	MOVE-USDT USDT-MOVE	upbit	B	0.007000USDT	-1.41%	72.86MOVE	1	0.007100USDT	0.007100USDT