Please note that the tokenomics described in this article pertain to an earlier version of dotmoovs. For the latest and most accurate information, please refer to the updated tokenomics here.
The first crypto competitive environment mobile-based and truly universal
dotmoovs allows anyone to show their sports skills and compete with others around the world just by using their smartphone’s camera. And, like any good challenge, you can invest in yourself, win the competition and earn $MOOVs and NFTs.
Bring your skills, ambition, and smartphone. We will do the rest with our AI-based video referee to assess your performance. We believe that the work you put into your regular sports practice should be rewarded. So, practice, challenge others around the world and get $MOOVs and unique digital assets when you win!
$MOOV utility token
We plan to democratize access to sports challenges. We want people from everywhere in the world to be able to compete within an environment that is free from currency value constraints, where a small USD fee can turn into a significant, burdensome barrier to overcome in another currency. The way to democratize access is by giving everyone a level playing field.
Athletes can collect $MOOVs and NFTs just by participating on challenges on the platform, growing their ranking position, or completing milestones. By staking $MOOV tokens or providing liquidity, athletes can unlock $MOOV rewards that can be collected based on their activity in the platform.
Allow athletes and other users to stake $MOOV tokens and earn NFT collectibles with Superstars of their favourite sports. A hybrid collection model where you can earn collectibles by STAKING, MOVING, or BUYING.
For athletes, $MOOV tokens give access to Tournaments, Leagues, high stakes, lower fees and NFTs exclusive opportunities.
For communities, $MOOV tokens allow clubs, brands, and live event organisers to go fully digital and organize global live events. By staking $MOOVs, every community can start organising events, customise their challenges, prizes and fees.
$MOOV Token Metrics & Distribution Model
dotmoovs’ token distribution will have the following details:
- Total Circulating Supply: 1,000,000,000 $MOOV tokens
- Initial Market Cap: $768,000
- Public Sale Amount: 40,000,000
- Public Sale Price: $0.004
In terms of distribution, this is what it looks like:
- 32% Private/ Public: Round targeting all strategic investors
- 24% Liquidity fund: Initial supply on decentralized and centralized exchanges to ensure a healthy secondary market
- 24% Ecosystem: Tokens for marketing, growth, partnerships, and exchange listings
- 10% Foundational Reserve: Reserve pool to help protect the future and long term growth of the platform
- 10% Team: to ensure our founders and team members stay aligned with our token-holders and token users
Token Release Schedule
- Public sale: Fully unlocked
- Private sale: 20% on TGE, then another 20% every 2 months
- Team & Advisors: 1 year fully locked, then 25% quarterly
- Liquidity Fund: 20% on TGE, 10% per month over 8 months
- Ecosystem: 20% on TGE, 10% per month over 8 months
- Foundational Reserve: 1 year fully locked, then 25% quarterly
We want to deliver a fair distribution model for all participants in the dotmoovs project. Like we want to make fair play for the sports industry on the blockchain, we really want to extend that mentality to everything we do. We want $MOOV to be about aligning incentives among all stakeholders in the dotmoovs ecosystem.
For more information on our Token Metrics, check out the page on the dotmoovs website.
