Green, cheaper and faster

Polygon, formerly the Matic network, is an innovative protocol and development tool that merges the best elements of the Ethereum blockchain and sovereign blockchains into a full-fledged multi-chain system. With the same security and interoperability as the Ethereum blockchain, at the same time, Polygon is cheaper and faster to use.

The current generation of Play-To-Earn games is plagued by high fuel costs and slow transaction speeds, making for a lacklustre gaming experience that can be improved. An ERC20 transaction can take anywhere from five minutes to four hours.

As a popular chain with low fees and fast transaction speed, Polygon is proving to be one of the most promising solutions for Move and Earn and Web3 applications and can handle up to 65,000 transactions per second, compared to Ethereum's 30 transactions per second.

Carbon neutral

Polygon became carbon neutral with the aim to lead the Web3 ecosystem in becoming the first carbon positive in 2022.

The Polygon network announced on April 19 of 2022, its commitment to become carbon-neutral and climate positive by releasing its Green Manifesto: A Smart Contract with Planet Earth. It also committed $20 million to offset its carbon footprint and purchase additional credits to become carbon neutral.

This means that every transaction, NFT that is minted, DeFi trade, token connected to the network, among others, will be accounted for and rewarded for its environmental impact. Polygon plans to become the first blockchain to be climate positive.

Multiple advantages and benefits

By staking their MKI utility tokens, Players can earn privileges, rewards, and unlock limitations to access VIP lounges in the Metaverse.

In addition, depending on the roles played, each Player has specific privileges when staking MKI utility tokens. For instance, an Ambassador will earn a higher portion of the Ambassador pool when his tokens are staked.

Liquidity Providers can stake their liquidity tokens to earn rewards from DeFi transaction fees, rewards from NFT transaction fees, and exclusive NFT sales.

For example, when a limited edition collectible is made available, the more MKI tokens you have staked, the earlier your access (whitelisting, earlier access to the auction room etc).

Several Revenue Models

The JustMove application has several revenue models; some payments are received by credit card and others in cryptocurrencies.

• The first element supporting the value of the tokens is the redistribution of part of the revenue generated by the application to redeem tokens in the markets.

• The other is to reward liquidity providers and users staking their tokens for a long time.

• Redeeming a token results in increasing its value in the marketplace.

• Money inflows from outdoors the application. Unlike most Play-to-Earn or Move-to-Earn applications, JustMove does not generate revenue solely from in-app users.

• The marketing of paid services to companies and fees from Tournaments that inject new funds into the application is an important aspect that sets JustMove apart.

Creating Sustainable Value

With the interest of our ecosystem users as a core part of our core values, JustMOVE is committed to creating sustainable value and realizing our vision of helping people live healthier lifestyles.

In keeping with this mission and using lessons learned from other Move and Earn initiatives, the team has decided to fund the project on its own by investing directly in the development of the ecosystem.

No Tokens Pre-Sale

We did not rely on pre-sale tokens to raise the initial funding for the project.

This strategy, combined with our Ambassador and Motivators programs, is far more valuable on the long run, both for marketing and for the sustainability of the company, generating revenues for true believers in our cause and real-added value brought to JustMOVE community.

Tokenomics Strategy

JustMOVE's tokenomics strategy is based on the fundamental business principle of providing superior products and services that generate profits, with stakeholders happy to pay the right price for high-value benefits.

Our tokenomics is designed so that most of the tokens distributed are supported with revenue generated from the value-added products and services provided to Players. As discussed in more detail, a significant portion of the revenue is used to redeem tokens, fund liquidity pools and reward players.

Reversing the Paradigm

This last element is of utmost importance because, unlike other projects, player utility tokens are distributed after revenue generation, thus reversing the paradigm of distributing tokens for the purpose of generating revenue.

The initial distribution of tokens comes out of our internal marketing budget for project promotion and therefore does not affect the fundamental tokenomics we have in place.

Utility Token

The MKI token is a reward fungible utility token using the ERC-20 standard running under the Polygon protocol.

A fungible token is an asset that is interchangeable with tokens of the same type so that one MKI Token always has the same value and properties as any other single MKI Token.

The total supply of MKI has been set at 6,000,000,000 tokens.

Specification

MKI implements the ERC-165 introspection standard, with the following ERC-165 interfaces supported:

Utility Token

The use cases for MKI utility tokens will constantly evolve over the next few years. Here are some of its initial functionalities.

• Holders of MKI utility tokens will be able to unlock items, purchase NFTs and participate in special game modes. They can also be used to purchase products and services on the JustMOVE Marketplace.

• They will access private areas in the Metaverse and unlock key passes to Live Events such as local marathons for example.

• In addition, holders will be able to receive discounts on Partners programs and services and participate in special Prize-rewarding quests or sponsored events.

Earning MKI Tokens

MKI is the utility token at the heart of the JustMOVE ecosystem. Players will receive JustMOVE Points for completing workout-based gameplay, both in the real world and in the Metaverse!

JustMOVE Points are redeemable for MKI utility tokens.

As players complete health challenges, complete special quests, and participate in sponsored events and tournaments, they can earn additional MKI tokens.

These MKI utility tokens can be used to unlock items, purchase NFTs and participate in special game modes. They can also be used to purchase products and services on the JustMOVE Marketplace.

Supply and Allocation

The total supply of MKI is 6,000,000,000 tokens; all minted at once with the allocation within a total of 11 pools. The supply will be distributed in multiple phases for different purposes.

See: Token Release Schedule section for further details. No burning and extra minting are permitted, so the supply will be fixed.

Seed Investors and Public Sales

During its private sale, JustMove will sell to financial and strategic investors.

At its public sale on centralized and decentralized exchange networks, JustMove will sell additional MKI Tokens to its fans, supporters and followers.

Community and Team

The community allocation is for early blockchain/crypto community contributors, including beta users, technical audits, code reviews, network stability, and voting rewards.

The team allocation ensures the participation and influence of JustMove's key partners in its blockchain and NFT-based ecosystem. In addition, it encourages current and future team members by rewarding them for their dedication and perseverance in innovating and realizing JustMove's grand vision.

Advisors and Ambassadors

The Advisors and Ambassadors allocation is reserved to reward Advisors and Ambassadors who support the project and its evolution.

Treasury and DEX Liquidity

The Ecosystem / liquid assets allocation is dedicated to the JustMove ecosystem, key partnerships and growth opportunities - in particular: developers, content creators, technology providers, operational supporters and beta testers of developments.

The allocation also contributes to cash flow by providing liquidity in cash pools, milestone rewards, and maintaining a reserve to cover unexpected situations.

Move and Earn

The Move and Earn stipend is distributed to in-app users at certain levels when they move and released over 36 months.

An incentive for Liquidity Providers

The inclusion of Yield Farming is another incentive for Liquidity Providers. In order to exploit yield, Liquidity Providers deposit their liquidity provider (LP) tokens in yield farms to earn additional revenue. Rewards can be optimized by moving tokens between protocols.

How does it work:

• Deposit tokens into the MKI liquidity pool.

• Receive LP liquidity tokens in exchange.

• Deposit LP liquidity tokens in a farm containing multiple liquidity pools.

• Receive MKI tokens as a reward.

Limiting Token Distribution

It is important to note that, like Play-To-Earn, there are several mechanisms for limiting token distribution in JustMove.

These mechanisms actively support the value of the tokens by limiting their distribution.

A maximum of JustMOVE points can be exchanged each day for MKI tokens.

To get more, a player must participate in tournaments, play in the Metaverse and/or buy entry tickets for the many contests and mystery boxes.

Long-term commitments

JustMove has a long-term view of its application and future innovations. Therefore, the lock-in periods and vesting schedules reflect long-term commitments and sustainable value creation for all partners involved in the JustMove ecosystem.

Acquisition periods ensure aligned network economics and close alignment with JustMove's preliminary product launch schedule.