MOV - the next-generation decentralized Internet Protocol for the exchange of values, based on the Bystack architecture on the main chain.
Contents:
What is MOV?
MOV is designed to create an ecosystem for the exchange of valuable assets and collaboration. Consisting 3 core modules: Value Exchange Engine Magnetic Contract (Magnet), Decentered Cross-Chain Gateway (OFMF) and Layer 2 High-Speed Sidechain (Vapor), MOV is dedicated to building a heterogeneous value asset exchange and collaboration ecosystem.
MOV has three types of interaction, such as:
- Maker;
- Taker to Wallet;
- Exchange.
These fragmented free blocks form the main driving force of the ecosystem with the help of many of their own service structures (Magnet, Blockmeta, Byone, Bycoin). They provide good interoperability by continually contributing to the importance of liquidity while providing a convenient exchange. You can find out more information in the White paper.
Platform benefits
Fulfilling the basic requirements of value exchange in terms of asset diversity and liquidity, MOV outperforms the existing stock market in terms of user habits, transaction fees, and user portals. Why you should choose this system:
| Arbitration | The system provides an arbitrage mechanism and multiple transaction strategies, thus influencing user habits of storing assets, such as transfer, transaction, safe storage and ease of trading. |
| Transparency | Being an open system, reliable and standardized gateways will simplify collaboration between chains greatly. Moreover, they will also provide feedback between their own asset flows and user traffic in the public blockchain. |
| Convenience | The integration and support of these infrastructures will bring traders and project participants a great convenience and attractiveness. |
It is a self-consistent system that brings together major players in the modern blockchain industry through a decentralized exchange of value, including traders, purse providers, custodians of digital assets, public blockchain projects, liquidity providers, derivative developers, and DeFi developers. In the next update, the company wants to improve some features that are still a secret, start using social networks, and also hold various contests and promotions to attract users.