What is Dotmoovs (MOOV) crypto that zoomed over 1000% in 30 days?

Highlights 

• Dotmoovs is a remote peer-to-peer sports competition platform.
• The company decides game scores through its AI-powered algorithm. 
• Dotmoovs’ native token is MOOV, used for buying collectibles, renting, recharging, and playing games. 

Dotmoovs (MOOV) crypto has gained traction over the weekend after announcing an airdrop event last Friday. But its listing on the Huobi Global crypto exchange on Monday may have been a double joy for its fans. Its 24-hour trading volume surged 96.46% to US$25.95 million.

Dotmoovs is an interesting project. It makes it possible for two people to compete even though they are geographically apart or assess performance. It gives scores for real-life sports events, such as football, and cultural events like a dance that are not virtual avatar-based games.

Let's get into the details of what Dotmoovs is.

What is Dotmoovs (MOOV)?

Dotmoovs (MOOV) is a blockchain-powered peer-to-peer sports competition platform. The project’s proprietary state-of-the-art AI system analyzes videos of players participating in sports events. The game participants can earn more NFT collectibles by winning the competitions.

Dotmoovs combines its proprietary technology with blockchain, native cryptocurrency MOOV, and NFT collectibles to provide AI solutions. For instance, it offers AI-driven video referees and fraud detection algorithms to monitor practice sessions and sports challenges. 

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Its proprietary artificial intelligence system, advanced computer vision algorithms, and arbitration engine are used to detect the human body movement and various limb positions. Further, it uses a scoring algorithm to measure a player’s skill to determine the winner.  

Players can use their NFTs to enter the tournaments. Dotmoovs claims that players can earn by investing in the token. The company aims to revolutionize sports contests with its offerings.

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If the NFTs are not available for purchase, one can get them on rent to play the game and share the profit with the NFT owners. 

The NFTs are used to earn, move to new levels, or improve sports gear. As part of the procedure, players record their video while mimicking a favorite dance routine or a football trick.

These actions are then analyzed by Dotmoovs’ AI tool based on the movements on screen to determine the winner, who is then awarded. The company claims that one can also earn simply by renting out the NFTs. The project’s investors include Morningstar ventures, Moonrock Capital, GBV, AU21 Capital, and Rarestone Capital.

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Data Source: coinmarketcap.com

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MOOV token:

MOOV is the native token of Dotmoovs. It is used to buy, rent, recharge or participate in a contest. Each sport has a unique utility NFT collection, making the project attractive.

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Dotmoovs (MOOV) moved up 33.34% to US$0.06825 at 6:43 am ET on Monday. Its market cap is US$33.85 million. The circulating supply is 496 million, and the total supply is one billion. 

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Bottom line:

The token is available for purchase on PancakeSwap (V2), Hotbit, MEXC, Gate.io., and BKEX crypto exchanges.  

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