(Source: movementlabsxyz)
Movement Network is a next-generation blockchain infrastructure built on the Move language, which was originally developed by Facebook (Meta). The initial design intention was to provide a smarter contract environment with higher security. Its unique resource-oriented model ensures that every asset cannot be copied or arbitrarily transferred, giving blockchain developers significant assurance in terms of security and asset ownership. Movement combines the technical characteristics of Move with modern blockchain needs, launching three major modules as its technological pillars.
The design of Movement Network emphasizes modular separation and functional focus, with the following four-layer structure:
Clear division of responsibilities makes the network both resilient and easy to scale.
MOVE is the native token of the Movement Network and has multiple functions:
Ecosystem and Community (Ecosystem + Community): 40%
Used to promote community building, partnership programs, and ecosystem development, incentivizing participants to contribute to network growth.
Early Backers: 22.5%
Used to fund early investors and supporters to accelerate project development and resource expansion.
Early Contributors: 17.5%
Incentivize development teams, technical partners, and long-term contributors to ensure the stable development of the project.
Initial Claims: 10%
Used for initial user applications, as early airdrops or incentive activities to attract more users to participate in the network.
Foundation: 10%
For future project expansion, strategic reserves, and ecosystem construction, to ensure the long-term stable operation of the project.
(Source: Movement Network)
In May 2025, Movement Network was involved in a market manipulation controversy. One of the founders, Rushi Manche, was accused of secretly colluding with market makers to allocate 66 million MOVE tokens, approximately 5% of the total supply, without disclosure, and subsequently selling a large amount after the listing, leading to significant volatility in the MOVE price.
This incident triggered a strong backlash from the community, and ultimately Rushi was relieved of his duties. Movement stated that it will undertake brand rebuilding under the leadership of a new team and establish a new legal entity, Move Industries, to restore market trust.
Despite facing a trust crisis, Movement has not stopped moving forward. The new management team is actively rebuilding community confidence, strengthening governance transparency, and focusing on the expansion of technological applications. Future strategies will include:
With the maturity of the Move language and the expansion of its application ecosystem, the Movement Network is expected to become one of the key infrastructures in the Web3 world that is highly secure and efficient.
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Movement Network showcases on-chain innovative power centered around the Move language. Despite experiencing turbulence, it is moving towards a more open, transparent, and efficient multi-chain future driven by new vision and technology. For developers and investors, this is a new force worth paying attention to, possibly standing at the starting point of the next wave of Web3 infrastructure innovation.
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