What is Project Movey? Basic information about Movey

• Movey project overview
• 1. What is Project Movey?
• 2. What makes Movey stand out?
• 3. Features of Movey
• 4. Roadmap of Project Movey
• 5. Movey developers, investors and partners
• Overview of the Movey . token
• The future of the Movey project? Should I invest in Movey tokens?
• summary

Movey project overview

1. What is Project Movey?

Movey users can not only track their health, but also earn MOVEY tokens by moving and playing games.

Movey's simple, user-friendly design interface will make it easier for users to experience the power of cryptocurrency and make positive changes in their lives for the better. At the same time it also drives the investment that will underpin the stability of the MOVEY token.

The app is combined with NFT, GameFi and SocialFi elements , where users are rewarded with MOVEY/NFT by walking, moving, exercising and completing in-app challenges. This is a next generation team dedicated to creating new solutions that enhance people's lifestyles.

Movey is built around an essential daily activity for most people – moving around. Users equip themselves with NFTs in the form of sneakers. Anyone can use and participate in Movey. More specifically, users do not need to understand NFT or Crypto to get started. That calorie burn is all you need to know to start using Movey.

2. What makes Movey stand out?

Movey is the tool you need to become a stronger runner. Our app is combined with NFT, GameFi and SocialFi elements, where you can earn MOVEY/NFT rewards by walking, running or exercising. This is a next generation team dedicated to creating new solutions that enhance people's lifestyles.

MOVEY generates MONEY. When coming to MOVEY, users only need to download the program, equip their own sports shoes in the form of NFT, then choose the movement mode to earn money that best suits their health and profit needs.

Movey's goal is to build a strong application platform and ecosystem that will attract millions of new people to the crypto world through the development of various applications. It will be simple for everyone to experience the power of cryptocurrency and make a good difference in their lives.

How to make money in Movey

Users need to have NFT Sneaker or stake MOVEY tokens in Stake Token Management to participate in the Monetization modes of Move-to-Earn application of Movey. You can combine both ways to maximize profits.

Stake To Run

To be able to participate in the Stake To Run – Mainnet Mode, you need to do the following steps:

Step 1: Go to Movey website and select Staking

Step 2: Enter the amount of MOVEY you want to stake, you can refer to the tiers (Tier)

Step 3: Open Movey app and check moving target

Step 4: Claim token after completing the goal.

Move-to-Earn

You will have 40 minutes each day to use the Move-to-Earn Feature.

HOW TO JOIN:

• Step 1: Buy Shoe Box on the market
• Step 2: Open the Shoe Box and get your NFT Sneakers
• Step 3: Choose the right shoes for your journey
• Step 4: Click Start
• Step 5: Complete and get your reward

*NOTE: After you press start, the app will start timing for at least the first 10 minutes. That means even if you just press start and shut down 5 minutes later, your run time is subtracted by 10 minutes and you have only 30 minutes left. Movey rewards are influenced by three main factors, namely step count, shoe type, and shoe rarity. 

Types of sneakers 

There are three types of sneakers, each designed to accommodate different training intensities:

Sneaker rarity

Sneaker Rare is one of the main factors that determine how many tokens you can get. The rarity of the sneakers affects the attributes of the shoe player, which are:

• Efficiency: Determine the rate at which you will earn MOVEY tokens. Higher efficiency will bring more income.
• Durability: Determines the rate of deterioration of your sneakers. Higher durability will cause health to degrade more slowly. The higher the class or quality of the sneaker, the higher the repair cost.
• Luck: Determines the frequency and quality of a lucky item dropping.

When a pair of sneakers is molded, the value of the footwear attributes will be randomly selected among the minimum and maximum values ​​according to the rarity of the sneakers. Sneakers of the same rare type can have vastly different attributes. There are 5 levels of sneaker rarity: Normal, uncommon, rare, epic and legendary for 5 levels respectively.

3. Features of Movey  

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) – for rewards and NFTs.
• Users need to have NFT sneaker or stake MOVEY tokens in Stake Token Management to participate in Movey monetization modes: Single mode and competitive mode. You can combine both ways to maximize profits!

Marketplace

The marketplace is where users can rent, lease or trade their NFT and NFT sneakers from creating the NFT movement. Filter function is available in the market to easily find the NFT you want.

Users can make transactions related to NFT sneaker and NFT Movement, you can use the filter function (Filter) to search faster. The applicable Movey tax rate is very good, only 2%, lower than the general level of Move-to-Earn projects. This is how the project attracts users' cash flow.

• Currency: MOVEY
• Market transaction tax: 2%

Create NFT

The assets in Movey are formatted in NFT and can be minted by users, ie creating them as follows:

• Shoe creating: When crossing 2 pairs of sneakers, you will get a completely new pair with a random index, the higher the index, the higher the quality and value of the shoe. Users can create up to 7 times per sneaker. The higher the time it takes to create a pair of sneakers, the higher its price. The Shoe-Create feature resets for 48 hours even for sneakers that can still be used for movement.

• NFT Motion Generation is a unique feature that converts images of a player's journey into NFT. Players are free to create any image of the journey on the map they want, such as drawing a shoe or a certain picture. To create an NFT, players have to pay a small fee. The generated NFTs are easily exchangeable in the market.

Rent NFT

• The biggest difficulty in getting new users into a crypto-related game is the onboarding process. Create an exchange account and convert money to crypto. Movey's Rental System tries to solve this problem.

• With smart rental/lease mechanism, new users can easily get started by downloading the app and renting sneakers. Before a rental can be approved, the user must register and then fully agree to the lessor's requirements. After 24 hours, the sneaker is returned to the owner for repair.

=> Most of the Move-to-Earn projects have a big obstacle that is the high cost that makes it difficult for many people like STEPN to own a normal pair of shoes, you need more than 600 USD, a cost that is not Anyone can respond. Realizing that, Movey launches the shoe rental or rental feature, users will submit documents and wait for the other party to agree, the two parties have certain obligations. This is also a way to reduce the complexity of the entry process, not everyone can do the asset conversion operations.

MOVEY healthcare system

• The Movey app will help you develop a healthy lifestyle by providing online tools that check your health stats, track and measure your activities like walking, cycling and running. From there, it calculates the number of calories, weight status, calories burned through each training day and at the same time monitors your sleep quality.

• Real-time detailed statistics for your runs, walks and cycles.

• Supports direct connection to smart accessories such as watches… as well as connecting to other health and fitness apps.

Movey SocialFi

MOVEY also includes a host of additional health features to maximize the value of the app:

• Home & Healing

• Body mass index calculator

• Training process

• Meditation, yoga

A nice thing is that the Movey app has a detailed set of tools to calculate the health of the participants. 

Movey Wallet

• MOVEY will be integrated with an in-app decentralized wallet to provide a seamless user experience that can be used to hold your NFTs, cryptocurrencies, and other digital assets.

• MOVEY will only support the Binance Smart Chain (BSC) network for transactions for the time being. More networks will be added in the future.

• Wallet features: Crypto token deposit and NFT (BSC network), crypto withdrawal and NFT (BSC network) and swap function (buy and sell) with liquidity.

4. Roadmap of Project Movey

Phase 1 – April

• Website Publishing
• Alpha test
• Deploy smart contracts
• Audit
• Cross-promotion activity
• Public sale of MOVEY . tokens
• DEX/CEX Listing 

Phase 2 – May

• Beta test
• Movey NFT Sale
• Movey Marketplace
• Movey Application
• Health care system
• Challenges
• Season 1 – Running Missions

=> Challenges

Each challenge will have a corresponding reward. The reward is token, specific NFT, random NFT or lucky box. When receiving a challenge, the player needs to complete the task to receive the reward. Each challenge has a limited time to complete. If the mission fails, the user will not be able to receive the reward. A small fee is charged to participate in the challenge.

=> Seasons

Each season will last two months and the top players on the leaderboard will be rewarded with a large number of tokens and special NFTs.

The rating system is designed to promote the maintenance of an exercise routine.

There are eight ranks in the Movey ranking system.

However, these are the unfinished functions of Movey, which will likely be completed in the near future. Users should still take the time to learn more about these new features of Movey.

Phase 3 – June

• Social marketing campaign
• Create NFT
• Rent NFT
• Competition mode
• Cooperation with shoe brands
• Movey Wallet – Beta phase

Stage 4 – Q3

• SocialFi – Test phase
• Season 2 – Marathon
• Movey Wallet
• Launching Clan
• Collaboration with sports brands
• List of top level CEX
• Carbon offset
• Bridge to Solana/Polygon/ETH

Stage 5 – Q4 +

• SocialFi – Released
• Move – Run on Metaverse
• World Tournament

Although it has entered the month of June, the features of Movey are still not 100% complete as on the roadmap.

5. Movey developers, investors and partners

• Development team, investors

Neither the developer team nor the investor information has been updated by Movey. The trust of users in Movey will not be high if such information is still not disclosed in detail by the project.

• Partner

Some of Movey's partners:

Overview of the Movey . token

1. What is Movey Token?

MOVEY is the utility token of the Movey project. Here are the details of Movey's token:

• Ticker: MOVEY
• Blockchain Network: BEP-20
• Total Supply: 20,000,000MOVEY
• Initial Circulating: 7,233,808 MOVEY
• Market Cap: 1,176,125 USD

Token Allocation 

• Move to Earn: 50%
• Presale: 25% – TGE 100%
• Liquidity: 17.5%
• Team: 6.5% – Token locked for the first 24 months, then distributed for 2 years.
• Airdrop: 1% 

2. What is the function of Token XY Finance?

MOVEY acts as an in-game and governance token. Players can use for activities such as mint, repair, level up, rent shoes ...

3. Is it possible to buy Movey tokens?

Currently MOVEY is sold on Pancakeswap.  

The future of the Movey project? Should I invest in Movey tokens?

Cons of the project: 

• Unfinished product.
• Missing a lot of information.
• The project has not been audited by any reputable organization.
• Information about the development team as well as investors has not been clearly announced.

Regarding tokenomic, the project spends most of the token to use for community and project development. In addition, the project's token allocation schedule is considered to be quite long, which shows a long-term commitment to the project.

=> The project needs to soon add information about the project development team as well as its investors to gain the trust of users.

=> The project of developing a product that is a hot trend in 2022 – Move-to-Earn. People's health issues are gradually getting more attention and Movey is one of a few projects that are currently providing a service that helps users both burn calories and earn money at the same time. In addition, the project also develops its own wallet so that users can experience it seamlessly.

=> The MOVEY token has many applications in the project ecosystem, similar to the leading project in the Move-to-Earn array today, users can use the token to pay for activities in the project. judgment. In addition, token holders in the wallet will also be automatically rewarded through the new mechanism “Auto-staking pool”. 

summary

More time is needed for Movey to show its potential. However, these are just the beginning steps in the very long process that Move-to-Earn conquers the world. Because the Move-to-Earn model was born, it both solved health problems and brought great collection to players.