According to Odaily, the blockchain platform Movement, which previously secured $38 million in funding, has announced a new initiative to engage developers in Asia. The event, named 'Movement Torch Relay,' is organized in collaboration with MoveBit, a Move ecosystem auditing firm. This initiative aims to encourage developers to join the Movement ecosystem and is part of the global hackathon series 'Battle of Olympus.'

Teams that register for this offline event will not only have the opportunity to participate in the global hackathon and compete for prizes but also attend the Movement Integrated Day event during Token2049 in Singapore. Additionally, participants stand a chance to receive extra incentives worth $200,000 provided by Movement and MoveBit.