Moverse & $MOTA
Moverse Technology Asset, so called $MOTA is created as the incentive of Fitness Mining in Moverse. It encourages users to perform health-promoting behaviors. $MOTA also motivates content creators to generate better health-related contents. Meanwhile, it leads Moverse to achieve decentralization step by step.
Functions of $MOTA
Staking
Purchasing Gear NFTs or other special items in Mover Supply Station
Fees for content creators to release contents
Content creators pay $MOTA as content releasing fee
Corporations and brands pay $MOTA as fees to hold Sponsored Tournaments
How to earn $MOTA
Staking Reward
Rewards for winners in tournaments
Rewards for Top Trending Content Creators
Community Treasury
Community Treasury holds an intrinsic value for $MOTA. All net incomes in this ecosystem will be stored in Community Treasury. Meanwhile, a portion of Community Treasury value will be distributed to stakers throughout time. Moverse can be expected as a nation with a real economy. The holders of $MOTA are the government that receives tax revenues.
Revenue of Community Treasury:
Portion of Staking reward
Releasing fee for content creators
Tournament holding fees
Mover Supply Station
Tax from all products (Moverse self-owned brand excluded)
Profit from Moverse self-owned brand products
Advertising fee
Permission fee for Third Party Workout mode
Expenditure of Community Treasury
Give out 5% of assets in Community Treasury to Stakers weekly
Allocation and Unlock Schedule
Term
Percentage
Time(years)
Tournament
7%
4.5
Content Creator
14%
4.5
Staking and Staking Reward
29%
5.5
Ecosystem Fund
8%
4
Hihealth
20%
4.5
Adviser
7%
4
Public Sale
11%
Private Sale
4%
2
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