Stakers use the token to access the app, and any amount of the token can grant a user access to the application. The token is a BEP-20 token that operates on Bluezilla's Project that facilitates fitness in an operable Move-to-Earn model where users utilize it to access the app's rewards. It serves as a governance token to the MOVEZ platform where holders earn voting rights on future developments on the project. With the lack of entry barriers, users can participate in the ecosystem and stake them to start getting rewards, and users who do not practice much physical activity have additional motivation to engage with the token. The token also facilitates users to earn rewards from staking on the platform and offers liquidity to the utility token, BURN. The token is a deflationary token with a maximum supply of 5,000,000,000 MOVEZ tokens. It is available on reputable crypto exchanges which are listed later on.
A Bit About MoveZ
After its launch in summer 2022, the token is used as the governance token of the two-token system platform for the MoveZ project. These tokens provide advantages as it plays a role in the move-to-earn model which is a sector showing remarkable growth among crypto enthusiasts. Reward mechanisms for MOVEZ stakers make the token favorable among users. Token holders also have voting rights as it serves their governance purpose. Additionally, it provides users with liquidity provider capabilities to the other in-app token, BURNZ.
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It is a BEP-20 governance token that facilitates holders to access voting rights on the project's essential developments such as reward distribution, availability of next-wave NFTs, and boosting zones. It also provides users with rewards on the its blockchain-powered move-to-earn model for carrying out fitness activities. The token is at the core of the ecosystem and brings out the best in the system as it provides exceptional features that entice users. Voting rights and liquidity make the token favorable among users. Holders of the MOVEZ token can stake it to claim rewards which is an additional utility to the governance token. The token distribution is detailed with 44% allocation for ecosystem and rewards and 20% for seed. The rest includes 18% to the team and advisors, 10% for liquidity, 6% to the public, and 2% for Reserve.
Utility of MoveZ?
The MOVEZ token is primarily a governance token where holders earn voting rights to decide on various project developments. These include implementing tokens they want in the burn mechanism, the availability of NFT's next wave, choosing boost zones, and deciding on rewards distribution. Holders of the token can access the staking feature on its platform to earn staking rewards with various reward levels. It gives access to app rewards where holders can stake the token to participate in the burn-to-earn mechanism that uses the player's calorie output for rewards.
Stakers also access different reward levels. The token is also utilized as a reward to top participants of the platform's challenge.
Additionally, holders of the token can utilize it for trading in various crypto exchanges, including OKX for profits.
MoveZ Price detailsBSC Contract address: 0x039cd22cb49084142d55fcd4b6096a4f51ffb3b4
›› Details & Tokenomics
›› MOVEZ tokenomics and social media
Advantages of MoveZ+ It is available on several popular cryptocurrency exchanges including MEXC and OKX.
+ It is a governance token issuing holders voting rights on the platform.
+ The token that supports fitness and a healthy lifestyle.
+ It provides liquidity to the in-app token, BURNZ, to encourage participants.
+ There are no barriers to owning the token.
Disadvantages- It faces competition from other move to earn tokens in the industry.
- The MOVEZ token is relatively new to the crypto market.
- The token is susceptible to price volatility.
- There are no details regarding the team behind the token's project.
- The token's project is in its initial stages.
Costs▪ Rated at 9/10
Users of the MOVEZ token incur fees while trading it on a crypto exchange. These costs vary between exchanges. Users must be aware that the exchange costs of engagement may vary.
Reputation and Buzz▪ Reputation rated at 8/10
▪ Buzz rated at 8/10
Users who owned these tokens before its public launch spoke of how they could burn them to gain access to the platform and how they were the pioneers who tried out the move-to-earn functionality. The users are happy to be a part of a token that facilitates operations for all individuals and tries to spread notions of fitness and motivate them to engage in healthy and physical activities. The token also encourages participants by providing liquidity to the in-app token, BURNZ, as part of the dual token economy.
They are thrilled of holding the token and participate in the governance of a platform that encourages fitness activities in the move-to-earn model with several users anticipating exercising their voting rights. There is also buzz over the token's functionality in enabling staking and earning rewards on the platform.
The token is increasingly popular due to its listings in popular crypto exchanges which we've listed at the bottom of the page.
Which cryptocurrency exchanges is the token available on?
Users can access the token in exchanges, including MEXC, OKX, Gate.io, and Huobi.
How many tokens are in the ecosystem?
It has a dual token ecosystem with BURNZ and MOVEZ which serves as the governance token.
What is the maximum token supply?
There is a total supply of 5,000,000,000 MOVEZ tokens.
History of MoveZ
May 2022 – Bluezilla launched its project; and the governance token under the platform
June 2022 – The token was publically listed on OKX.