Guide to Participating in Massive Airdrops with Movement Labs

1. What is Movement Labs?

Movement Labs is a modular framework designed for constructing and deploying blockchain networks utilizing the Move programming language. Move is a language utilized by Aptos and Sui and originated from the former Facebook team.

The Movement Labs framework is developed with two parallel blockchains, namely M1 and M2. M1 serves as a Layer 1 blockchain featuring high throughput and fast completion speed. On the other hand, M2 is a novel generation Layer 2 blockchain characterized by exceptionally high speed. Notably, M2 represents the first Layer 2 solution running on Ethereum and employing the Move language.

2. Investors

Movement Labs has successfully completed two fundraising rounds, accumulating a total of $41.4 million USD in investments. Notable investors include Polychain Capital, HackVC, Placeholder, Maven11, OKX Ventures, and Borderless.

On May 1st, 2024, the project announced receiving an investment from Binance Labs; however, the exact value of this deal has not been disclosed.

3. Guide to Participating in Airdrops with Movement Labs

Currently, the project is deploying its testnet and executing tasks on Galxe. Individuals can follow the instructions below to have the opportunity to receive airdrops from the project in the future.

Step 1: Download the Razor Wallet

• Visit the Chrome Store and download the wallet extension from there.
• Create a new wallet and securely store the seed phrase.

Step 2: Access the $MOVE Faucet

• Access the $MOVE faucet link provided.
• In the Razor Wallet, select the M1 Devnet network.

• Copy and paste your wallet address into the Faucet website and click on the "Get Tokens" button to receive tokens.

Step 3: Perform a swap on Razor DEX

• Access Razor DEX.

• Swap a small amount of $MOVE for other tokens, ideally performing swaps between 3-5 times.

Step 4: Add Liquidity

• Visit: https://razordex.xyz/pool?chain=m1_devnet.

• Click "Add Liquidity," then select the token you wish to add liquidity for.

Step 5: Complete tasks on Galxe

• Access the Galxe link provided.
• Fulfill tasks such as visiting the Google homepage and watching project introduction videos to earn points.
• There are two tasks available daily, ensuring to complete them to accumulate points each day.

4. Conclusion

The above provides comprehensive instructions for engaging in the Retroactive Airdrop offered by Movement Labs. If there are any uncertainties or if any steps pose difficulties, individuals are encouraged to join the Bigcoin Chat group where administrators can offer assistance. It is anticipated that all participants will successfully complete the airdrop and promptly receive rewards from the project.