Movey is a standard mobile technology application that integrates blockchain and cryptocurrency. Movey was built around an essential daily activity for most people to move around. Users equip themselves with NFTs in the form of sneakers. Anyone can use and participate in Movey. More specifically: users don’t need to understand NFT or Crypto to get started. Burning those calories is all you need to know to start using Movey.
What is Movey and how does it work (MOVEY)?
Movey is a standard mobile technology app that integrates blockchain and cryptocurrency. Users can not only track their health, but also earn Tokens MOVEY moving and playing. Movey’s simple and user-friendly design interface will make it easier for users to experience the power of cryptocurrencies and make positive changes in their lives for the better, promoting investment that will strengthen the stability of the MOVEY token. More specifically:
- Users don’t need to understand NFT or Crypto to get started.
- Burning those calories is all you need to know to start using Movey.
- Its aim is to build a powerful application platform and ecosystem that will attract millions of new people to the cryptocurrency world through the development of various applications. It should be simple for people to experience the power of cryptocurrencies and make a good difference in their lives.
Movey aims to expand and spread its application as a health statement and health vision, dedicated to encouraging individuals to lead healthy and active lifestyles, allowing as many people as possible to see all the facts of their health. Movey connects everyday fundamentals to web 3.0. This program is also compatible with a wide range of different devices, allowing users to effortlessly monitor their daily heart rate as well as helping them improve their personal health.
Furthermore, the Movey team aims to build a vast and sustainable ecosystem in the form of a never-before-seen social media platform. They will connect real-world user profiles with their virtual-world identities and will play an essential role in all future metaverses. This allows individuals to stay on track as they try to create more good behavioral adjustments today.
Movey app
Players will need the following to start playing Movey:
- Android or iOS Smartphone – GPS location will need to be enabled for the game to track movement.
- Metamask Wallet (Connect to BNB Chain) – to receive rewards and NFTs.
- Users need to have an NFT Sneaker or stake $MOVEY token in Stake Token Management to participate in Movey earning modes: Single Mode and Competition Mode. You can combine both ways to maximize profits!
There is currently a trial version on iOS and Android and they give a lot of answers to the community.
Move to win: Users need to have an NFT Sneaker or stake $MOVEY token in Stake Token Management to participate in Movey earning modes where users are rewarded in $MOVEY/NFTs walking, moving.
Market: The marketplace is where users can rent, lease or trade their NFT sneakers and NFTs from NFT Movement Creation. Filter function is available in the market to easily find the NFTs you want.
NFT rental: With a smart rent/lease mechanism, new users can easily get started by downloading the app and renting the shoe. The Smart Contract will deliver rewards to tenants who complete missions.
Create NFT: Users can earn $MOVEY by creating sneakers and creating their own NFT. NFT motion creation is a unique Movey feature that converts an image of a player’s journey into an NFT.
How to participate in Movey earn modes?
Users need to have an NFT Sneaker or MOVEY stake token in Stake Token Management to participate in the Movey earning modes of the Move-to-earn app. You can combine both ways to maximize profits.
$Movey is also an Auto Staking & Compounding Protocol that offers the best fixed APY in crypto, up to 100.335%. Auto-compose rewards are delivered to your wallet every 12 minutes, 120 times a day. All you need to do is BUY&HODL in your wallet.
Marketplace
The Marketplace is where users can rent, lease or trade their NFT Sneakers and NFTs from NFT Movement Creation. Filter function is available in the market to easily find the NFTs you want.
- Currency: MOVEY
- Market trading tax: 2%
Creating NFT (coming soon)
You can make money by making good shoes or by creating your own NFT.
Shoe making (coming soon)
Users use 2 sneakers they own as a model to create a shoebox in the process. Both sneakers need to have full durability to start creating. In the Create tab, choose 2 Sneakers to create and press create to proceed. The user will instantly receive a Shoebox that can be opened immediately. Users can create a maximum of 7 times per shoe. The longer the creation time of a Sneaker, the more token it will cost. The Shoe-Creating has a 48-hour cool-down for both shoes, which can still be worn for movement.
- Ordinary
- Unusual
- Cru
- Epic
- Legendary
Shoemaking has a chance to drop an extra Lucky box. The longer the crafting time, the greater the chance of dropping multiple Lucky Boxes.
NFT rental
With a smart rent/lease mechanism, new users can easily get started by downloading the app and renting a shoe. Before a lease can be approved, the user must first apply for it and then fully agree to the landlord’s requirements. After 24 hours, the shoe is returned to the owner for repair. A contract can last up to 7 days, depending on the renter’s credit. After the Lease Agreement, the Smart Agreement will deliver rewards to tenants who complete missions.
Auto-staking protocol
Auto-staking and Liquidity Reserve MOVEY
Advantage:
- Get staking interest without having to approve or transfer tokens to another address.
- No fees for auto-staking every 12 minutes, resulting in a big return from the compound interest formula.
Defect:
- High transaction fee to prevent speculators from profiting from compound interest.
- Total Offer changes, making it difficult for subsequent investors to reach investors
initials.
- You are holding 100.000 tokens. This is considered as staking 100.000 at 0,01578% interest every 12 minutes.
- After 12 minutes, your balance will be: 100.025,78 $Movey
- For the next 12 minutes, you are considered to have wagered 100.025,78 $MOVEY at an interest rate of 0,01578% every 12 minutes.
As a result, the longer you hold the token, the more the number will grow, resulting in huge gains for Movey members.
MOVEY Liquidity Reserve
- To maintain liquidity, the MOVEY Liquidity Pool triggers a response every 48 hours and injects liquidity into the market.
- With each trade, there is a 6% sales tax charged to both the buyer and seller for Auto-Staking. This fund is used to buy $BNB and $MOVEY in a 50/50 ratio to provide liquidity when investors sell.
MOVEY and MOVEY Treasury Insurance Fund
MOVEY Insurance Fund
8% of sales fees are stored in an insurance fund that forms the Insurance Fund. This fund forms the backbone of Movey, supporting the staking rewards provided by the positive rebase. The Insurance Fund also acts as a buffer to maintain liquidity in the event of a strong sell-off.
MOVEY Treasury
It forms an important part of $Movey. It provides an extra cushion of insurance for the Insurance Fund in the event of a very sharp liquidation. In addition, the treasury is used to create additional services and products and fund the project’s marketing campaigns. And includes 4% sales tax
MOVEY Fire Pit
Fire Pit is a Burning Token activity for:
- Prevent the circulating supply from getting out of control and becoming unmanageable.
- Offset positive rebase interest printing. 2% of the $MOVEY sell fee is burned in the Fire Pit The more it is traded, the more it is put into the fire, causing the bonfire to grow in size, increasing in size through self-fulfilling Auto-compose, reducing supply and keeping the token stable.
MOVEY token
MOVEY cryptocurrency has the maximum supply of 10.000.000.000 MOVEY coins. MOVEY is a BEP20 token, which is the main token of the Movey ecosystem. Users will receive MOVEY tokens by completing missions in the app. MOVEY tokens can be used to buy NFT boxes, repair shoes, create NFTs, trade/rent/lease NFTs on the market and participate in special events.
Bottom Line
Movey is the tool you need to become a stronger runner. the app is combined with NFTs, GameFi and SocialFi elements where you can earn MOVEY/NFTs rewards by walking, running or exercising. We are a state-of-the-art team dedicated to creating new solutions that improve people’s lifestyles.
