Announcing the Movement Incentivized Testnet
Movement Labs, backed by Polychain Capital and other prominent VCs, is building the MOVE Protocol, a leading L2 that aims to bring Move Virtual Machine to Ethereum.
Movement recently announced their incentivized testnet program, MoveDrop, which provides a unique opportunity for developers and users to explore the capabilities of the Move Virtual Machine Layer 2 on Ethereum and support the broader adoption of the Move programming language in exchange for rewards.
The testnet aims to battle-test the Movement network and attract users prior to the mainnet launch. As users across crypto have different skills and interests, Movement has designed different “Guilds” so users can use their specific skills and work closely with those who share similar interests. Learn more and get started below.
Eligibility and Criteria
1. Building The Parthenon:
- Open to everyone
- Complete weekly guild quest lines on Movement’s Galxe
- Engage with partner ecosystem projects to support Movement
- Complete 10% of any guild’s tasks to earn recognition and resources from that guild
2. Gmove Campaign:
- Say “gmove” on X to win trophies. Yes, really!
Timeline
The Road to Parthenon will be available until the mainnet launch.
This schedule is subject to change as the testnet progresses at the sole discretion of Movement Labs.
Token Utility
The native token in the Movement Rollup system is multifaceted:
- Keeping the Network Safe: People who want to help protect the network can lock up their tokens. These people, called validators, check that all transactions are done correctly. If they try to cheat or make mistakes, they can lose some of their locked tokens as a penalty.
- Managing Transactions: The token is also used to organize the order in which transactions happen. This helps everything run smoothly and ensures that different parts of the network work well together.
- Adding Value to the System: Because the token is essential for both keeping the network secure and managing transactions, it becomes more valuable and useful within the system.
In short, the native token acts like both a security deposit and a manager, making sure everything operates correctly and safely in the Movement Rollup ecosystem.
About Movement Labs
Movement Labs leads the development of the Movement Network, an ecosystem designed to empower developers with modular, Move-Based blockchains. Movement Labs’ innovation aims to bridge the gap between the Move and EVM ecosystems, enabling secure and high-performance blockchains. Central to its efforts is the creation of the first Move Virtual Machine Layer 2 for Ethereum, which offers open-source tools and protocols that drive the adoption of Move across diverse blockchain platforms. With Movement, developers can easily deploy Move VM rollups, advancing the capabilities of blockchain interoperability and Move-based technologies.
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