Crypto’s problem is not education, it’s friction.
It’s been less than 30 days since our 4% $MOVE back program with @KASTxyz went live. The result?
- Over 30 million $MOVE tokens distributed
- Over 50,000 new $MOVE holders globally
- KAST saw 30% increase in daily new users
✅ What did members have to do?
- Spend on their KAST card 💳
🚫 What did they not have to do?
- Create a wallet
- Watch a tutorial
- Use a bridge
- Care about gas fees
- Read a whitepaper
Mainstream adoption isn’t coming, it’s already here.
It's not too late to sign up! 👉 https://t.co/6vvCEdbZXZ
Movement and @KASTxyz are bringing 4% $MOVE cashback rewards to over 500,000 KAST card holders in 160+ countries.
The 4% MoveBack rewards people making everyday purchases with KAST, which provides convenient IRL payments with stables.
Movement is made with Move. And Move is made for Money. The same Move software language that Facebook and Diem built to make payments safe and secure is now baked into KAST via the Movement network.
And now half a million KAST holders will be joining the Movement and can use the $MOVE they earn throughout the Movement Ecosystem.
Movement is the People’s Chain: together with KAST, we're solving real problems for real people.
Read on to learn how to join KAST and make the most of your $MOVE 👇
🇺🇸American Made Crypto🇺🇸
My first impressions on the Clarity Act passing the House today 🦅
Looking forward to exploring more and better understanding the bill!
Either way, a massive step forward for the country, and for our industry
Thank you @RepFrenchHill for sponsoring and to all the members, the lobbyists, and the trade associations like the @DigitalChamber who worked on helping pass this Bill through the House!
Let me know if I missed anything, your thoughts and takes below, and God Bless America! 🇺🇸
Now on to the Senate!
There has been a LOT of FUD about @movementlabsxyz lately. Seems like every day, there is some new negative revelation. In all of negativity and uncertainty, it's almost important to share positive experiences.
As a cornucopia depositor, I had several issues regarding my LP once funds were bridged on Move mainnet. I reached out directly to @torabyou before he became CEO.
Having invested in hundreds of projects as a VC, we are used to teams being extremely difficult at communicating as soon as funds are sent. My experience with Torab has been quite the opposite. He has been very forthcoming and understanding of the issues and was proactive in making things right in a timely manner.
I'm very excited to keep supporting @movementlabsxyz during Defi Summer and I am confident that @torabyou is the right person to make Move great again!
We first need Smart Account adoption before building more cool features SA can do..
Cost is major factor hindering widespread adoption of SA. We need better ways to reduce AA txn cost.
Possible Soln:
1. Data compression on rollups to reduce cost
2. Native AA chains