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Movement Labs
Movement Labs is a blockchain company developing a network that integrates the Move programming language with Ethereum. Their primary goal is to enhance security and performance for decentralized applications. They are building M2, the first Move-based Layer 2 (L2) on Ethereum, and fostering a global community of developers (the "Move Collective") to build applications in sectors like DeFi, gaming, and NFTs.
Distributed
Description
Movement Labs is a blockchain development company focused on integrating the Move programming language and its virtual machine (MoveVM) with the Ethereum ecosystem. Their flagship product, M2, is the first Move-based Layer 2 (L2) network on Ethereum, designed to enhance smart contract security and performance. By leveraging Move's resource-oriented model, Movement aims to prevent common vulnerabilities like reentrancy attacks, while its architecture allows for parallel transaction processing, increasing throughput. The project seeks to combine the safety and speed of Move with the extensive liquidity and user base of Ethereum. Movement Labs is actively cultivating a global community of developers, investors, and experts through its "Move Collective" initiative to encourage the creation of decentralized applications (dApps) across various sectors, including DeFi, gaming, and NFTs.Grant Funding
VC Funding
None
2023
2024
$0
$41M