Moovy.io Whitepaper
  • Welcome to the Moovy
  • Disclaimer
  • INTRODUCTION
    • Moovy Overview
    • Getting Started
      • Activation Code
      • Install and Update
      • Cryptocurrency Wallet
    • Team
  • Metaverse
    • Drivers Metaverse
    • 1️⃣Season 1 - Drive2Earn
    • 2️⃣Season 2 - BBVerse
  • GameFi Elements
    • Game Modes
      • Solo Ride
      • Freeride
    • Avatar System
      • Who are you in the Moovy?
        • Technician
        • Driver
        • Ecologist
      • Driving License
      • Talent System (TBA)
      • How To Level Up (TBA)
    • Garage System
    • Fuel System
    • Car System
      • Car Attributes
      • Car Types and Rarity
      • TME
    • Achievement System (Under Development)
  • Other Systems
    • SocialFi Elements
    • Inventory System
  • Moovy Economy
    • Moovy Treasury
    • Tokenomics
      • MGAS
      • MOIL
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  1. INTRODUCTION
  2. Getting Started

Cryptocurrency Wallet

What is a cryptocurrency wallet and why do you need one?

Put simply, a cryptocurrency wallet is a piece of software which is used to store and manage your cryptocurrencies and tokens, such as MGAS, MOIL, BNB and NFTs. They also allow you to interact with blockchain technologies.

Why do I need a cryptocurrency wallet to register an account on Moovy?

Moovy utilizes blockchain technology and therefore a wallet is required in order for you to be able to interact with this blockchain technology. Your wallet will securely authorise your access to the website and help you to keep track of any transactions that you perform.

It will also act as storage for any ERC-20 tokens that you have from Moovy, such as MOIL and MGAS, as well as NFTs that you own (ERC-1155).

For example, you might earn some MGAS via Moovy Play-and-Earn (Drive-and-Earn) features and will need a place to store it.

A cryptocurrency wallet provides you with true ownership of everything that you purchase, earn or win in Moovy. You will always have control and access to these virtual goods as long as you remain in control of your wallet.

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Last updated 2 years ago