【0 買】Binance Investment Project Movement, Expected Return of 5000+
Fee: 0 USD
Expected Return: 5000 USD+
Basic Information:
Movement is a modular framework for building and deploying Move-based infrastructure, applications, and blockchains in any distributed environment. The team is building a suite of products and services that enable non-Move protocols to leverage the power of the Move programming language without writing a single line of Move code.
The team's first version, M1, redefines L1 as a vertically composable and horizontally extensible layer 1 framework that is compatible with Solidity, connects EVM and Move liquidity, and allows builders to customize modular and interoperable application chains with different user bases and liquidity out of the box.
Investment Information:
Binance Labs announced an investment in Movement Labs, the specific amount has not been disclosed. Movement Labs will support Sui Move, Aptos Move, and the embedded EVM interpreter MEVM, enabling Sui, Aptos, and EVM users to use L2, bringing smart contract security and parallelization to Ethereum.
Blockchain development team Movement Labs has completed a $38 million Series A financing round, led by Polychain Capital, with participation from Hack VC, Foresight Ventures, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5 and Aptos Labs. The funds will support the company to introduce Facebook's Move virtual machine to Ethereum, solve smart contract vulnerabilities and increase transaction throughput.
According to Web3 asset data platform RootData, Movement Labs was founded in 2023 and previously completed a $3.4 million seed round in September 2023. In addition to its flagship product Movement L2, Movement Labs will also launch Move Stack, an execution layer framework compatible with rollup frameworks such as Optimism, Polygon and Arbitrum.
0-Step Tutorial:
1. Razor Wallet Installation:
Go to: razorwallet.xyz to get the extension, set up your wallet and protect your seed phrase
2. Faucet $MOVE:
Go to: faucet.movementlabs.xyz/?network=testn…
Select M1 Devnet in your wallet.
Copy and paste the wallet address.
Click “Get Tokens”.