What is the Layer 2 blockchain unicorn – Movement Labs?
Movement is a blockchain development project based on the Move programming language, which recently received investment from the Binance Labs fund. So, what makes this project special? Let's explore it together with Nghiện Crypto through this article!
1️⃣ What is Movement?
Movement is a modular framework that allows the construction and deployment of blockchains using the Move language. Movement is designed to be integrative and scalable, with the ability to interact with Avalanche and other ecosystems.
2️⃣ Movement's products
- M1: A newly designed Layer 1 blockchain with flexibility, adaptability, user-friendliness, and utilizing Move as the programming language.
- M2: A Layer 2 blockchain that uses the Move programming language, currently operating as a Celestia rollup. Additionally, the mainnet for this layer 2 will be launched in the near future.
3️⃣ Project backers
The project has successfully raised a total of 41.4 million USD through 3 funding rounds. Backing the project are some prominent names such as: OKX Ventures, Polychain Capital, Binance Labs,...
4️⃣ Project team
Notable members of the Movement development team include:
- Rushi Manche: Co-Founder and CEO of Movement
- Cooper Scanlon: Co-Founder and CEO of Movement
- Will Gaines: Marketing Director of Movement
- Brian Hennessey-Hsieh: Strategy Director of Movement
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🔸 $MOVE AIRDROP EVENT FROM BINANCE 💰
Binance will airdrop 200,000,000 $MOVE to users who have locked $BNB in the Simple Earn feature from December 2nd to December 6th.
🪙 Airdrop token amount: 200,000,000 $MOVE (2% of total maximum supply)
Read more: https://nghiencrypto.com/movement-la-gi/
