Every registered user will be given a wallet inside the Movement™ App. All the data as well as earned coins and purchased tokens will be safely secured in it. User will be able to operate with the wallet via smart-contract. Wallet will also show the real-life exchange rate and give user the ability to exchange RUN coins into MOVE Tokens. As could be seen from the scheme above, the system will have the following operation principle: As user runs, jogs, walks and beats the distance RUN coins are being added to his account in real-time. The number of coins rewarded depends on several factors such as total distance, time spent, calories burnt (if synchronized with apps with such calculating functions) and the amount of MOVE Tokens in users’ wallet. The main feature of MOVE Tokens in Movement™ Economic System is to form an efficiency multiplier and serve as a bonus coefficient applied to the amount of RUN coins rewarded by the Movement™ App API.
Movement App financial data is based on deep Market, Technical & Economic research.
It is very important to know the difference between in-app RUN coin and ERC 20 MOVE Token.