2/ ๐First, this is my first sponsorized tweet, and I don't want to lose your trust. Even if I truely believe in the project, consider my opinion biased. Investing now is both opportune AND risky. DYOR and only invest in long-term projects you really believe in!๐
3/ To put it simply, MOV'N is a Web3 Move2Earn App, that stands out from the competition by being a SuperApp, binding many miniApps in a same common App, as WeChat in China. However, MOV'N specializes in Lifestyle & Sports.
4/ THE WHITEPAPER
First, before investing, read the whitepaper. It is a crucial thing to understand the project. The project is clearly defined, nothing to do with #STEPN copycats. The whitepaper is well written and clear. Let's go deeper.๐
5/ THE TEAM
Every core member has his own Linkedin. I spoke during 2 hours with @pierremczaja, CEO, former pro-Tennis player, to understand the project, the goals of the team. They are skilled in Sport events, Web 2.0 and 3.0. They are not beginners.
6/ ADVISORS
You can find among the advisors
1โฃSimon Walter (Finance) Former Managing Director of Deutsche Bank
2โฃJorge Salkeld (Athlete Representation) WTA board member
3โฃAndrea Paige (Data Systems Expert)
4โฃJackie Jia (NFT and gaming expert)
7/ TOKENOMICS
The native token is $MOV (governance token)
Chain ERC-20 MATIC Polygon
Total supply 1 billion
Long-term Buy back & burn mechanisms to allow buying pressure. Final supply: 100M (90% of total supply will eventually be burned!)
8/ Half of the $MOV tokens will be used for rewards, 6% for token sale (last phase still ongoing until June 30th), only 10% for the Team & advisors. As an investor & player, that's great! Player first, Team then. They need the project to be a success to be rewarded!
9/ Token price presale P3: 0.10$ (6 months vesting)
Token price IDO: 0.15$
Team & Advisors lockup 6 months, vesting 3 years.
The vesting period is reassuring, not a pump-and-dump project.
10/THE BACKERS
They have partners, but not big hedge funds / crypto venture capitals for now, but are in the process of signing contracts. They have enough funds incoming from the real economy to launch the project, from their past activities. But this has to be said.
11/ THE APP
MOV'N is tracking your physical activity using different sources: internal GPS, Google Fit, Apple Health, Strava... to generate an activity index, the Fit index. From that index depends the amount of $MOV tokens generated each day.
No NFT needed, just walk & earn.
12/ The sustainable economy of MOV'N is based on the SuperApp model. @MOVN_world SuperApp aims to regroup many interested brands, associations, federations (...) into one single App, to be the main binding communication channel for Sports.
13/ A certain fee is reversed to the project for each transaction made between a user & a brand miniApp, with burning purpose.
That SuperApp model reminds me the Realms purpose in #STEPN: bring new people from Web2.0 to allow a sustainable economy involving external factors.
14/ For now, the App is limited to only 3 miniApps:
- NTC 2021 (amateur tennis competition)
- Sport ratings (to compare your performance with other players around the world, but no use for now)
- Walk & Collect, and this is quite interesting ๐
15/ Walk&Collect is a Play-to-Earn free miniApp (Pokemon Go-like). You collect NFT medals every 100m. Each medal is engraved with one real champion from the early 20th century until today. One million medals are available, almost half of them are already collected ๐ฅ
16/ The Game-Fi aspect may be largely improved. I can imagine Tier 1 Medals depending on the popularity of a particular player: Michael Jordan, Cristiano Ronaldo, Tiger Woods, Rafael Nadal... Look at the one I earned a few days ago. Doesn't he deserve to be a Tier 1 Medal ?? ๐คฉ
17/ Well-known musicians are already involved in NFTs and are partly responsible for crypto mass adoption.
Sport athletes may be the next step to grow the active crypto users, and partnerships with well-known athletes could be used in a next future to promote crypto ๐.
19/ ROADMAP
By the end of year, the team expects 2M users using the SuperApp (18 miniApps)
The SDK provides tools to software developers allowing them to build software applications faster and in a more standardized way.
2023: 50 miniApps-15M users-DAO
20/ PRESALE
Pre-sale is currently at Phase 3 (last). Token price: 0.10$. Deadline: June 30th.
You can buy on the website, or directly on the App with your credit card (Web 2.0 design, very friendly interface for non-crypto users)
21/ If you want to try the App, use the referral link below to get improved earnings on your $MOV tokens while using #STEPN and all of your other M2E apps!
As a reminder, the App is free, and NO NEED to buy any NFTs to earn $MOV
22/ Hope you liked it. I believe in the project but times are rough for sure. But stay strong, and only believe in projects with strong fun-da-men-tals!
Don't forget to participate in the #giveaway in the FIRST post to try to win 200$ in MOV tokens before the TGE (launch) !
โข โข โข
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[Thread] Just received that message on Twitter. Many of you are really scared by a $GST price collapsing, as their ROI is not feasible. The sneakers market price is cheaper than the minting price, the shadow of Death spiral is getting closer.
Is there really hope? ๐ฅน (1/25)
2/ First of all, I am not financial advisor. I'm (too?) optimistic on #STEPN for the long-run, but you should also listen to more pessimistic and competent people, as their opinion is RELEVANT and SOURCED. I may be wrong, and your decision has to be well-informed on both sides!
3/ $GST has fallen from 9.45$ to 0.81$ (-91%) in just a month. As ROI can only be made by earning $GST, you may be rightfully despaired by what's happening now.
๐งโโ๏ธTake a deep breath... and... Relax๐งโโ๏ธ
Fear & Greed are both your major enemies. Be happy with what you have already and take your profits regularly.
Don't fall into that FOMO hype trick. Just close the curtains and enjoy being here when everyone else is losing money. (1/6)
(2/6) Please slow down a bit, you still have a lot of earnings to make in the Solana blockchain.
Binance $GST price is crazy, and SOL $GST is just following BTC price, as it became a subject of speculation, as $GMT.
Don't be envious because other people earn more than you do.
(3/6) If you are angry not to be in the Binance $GST (I'm not either), just think that some people have sold their giveaway Binance sneaker (for having a SOL Genesis) within the week following the release!
2/ For the first time since its launch on @binance exactly two months ago, $GMT suffered from its biggest fall. How can we explain that steep fall ? was it predictable ? was it avoidable ? Is #STEPN finally over and were all the people warning about a Ponzi scheme finally right?
3/ As a reminder, $GMT is the governance token of #STEPN, and is associated with trust in the project by many investors, as $AXS is for @AxieInfinity. These two games differ by many points, and the comparison is often abused, but the token evolution price is relevant I think.