MOVN WhitePaper
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Token Release
The token release is progressive over 10 years. There are locking and vesting periods for some groups.
MOVs
Lock Up
Vesting
Rewarding (50%)
500,000,000
6 months
10 years
Reserve (20%)
200,000,000
0
10 years
Marketing & Promotion (14%)
140,000,000
6 months
3 years
Team & Advisors (10%)
100,000,000
6 months
3 years
Token Pre-Sale (5%)
50,000,000
0
6 Months
Token IDO (1%)
10,000,000
0
25% (TGE) 75% (6 Months)
This is a simulation of the first 12 months (in M of tokens)
Month
TGE
1
2
3
4
5
6
7
8
9
10
11
12
Rewarding
0
0
0
0
0
0
0
4.2
4.2
4.2
4.2
4.2
4.2
Reserve
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
Mk & Promotion
0
0
0
0
0
0
0
3.9
3.9
3.9
3.9
3.9
3.9
Team & Advisors
0
0
0
0
0
0
0
2.8
2.8
2.8
2.8
2.8
2.8
Token Sale
2.7
9.3
9.3
9.3
9.3
9.3
9.3
0
0
0
0
0
0
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Monthly Release
4.4
11
11
11
11
11
11
12.6
12.6
12.6
12.6
12.6
12.6
Circulating Supply
4.4
15.4
26.4
37.4
48.4
59.4
70.4
83
95.6
108.2
120.8
133.4
146
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While the total max supply is 1B, we don’t expect to have more than 350M (end of year 3). Our long term goal is to have around 100M $MOV as a circulating supply.
If all tokens are sold at pre-sale and IDO, the Market Cap at TGE will be $660K USD (including liquidity).
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