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Movement Labs

Last updated: Sep 25, 2024

Movement Labs is a blockchain network that prioritizes community involvement, characterized by its transparent tokenomics, minimal staking requirements aimed at promoting decentralization, and a protocol architecture that facilitates community-driven expansion.

Funding Round: N/A

Pre-Seed round: $3.4 Million

Series A financing round: $38 Million

Movement testnet: https://coinlist.co/movement-testnet

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Overview

Project industry	Blockchain Infrastructure / Ethereum Ecosystem / Layer-2
Product type	Platform
Founded	United States
Whitepaper	Open

What is Movement Labs

Movement Labs is bringing Move execution to new networks and environments. Our flagship products are M1 and M2. We are also building the Movement SDK, Movement CLI, Fractal, Hyperlane messaging infrastructure, and the Movement Shared Sequencer to provide paramount interoperability between our Move-based environments and other networks.

M1 is a community-first blockchain providing the highest possible TPS through Move, instant finality, native day-zero access to mass liquidity, and modular customizations.
M2 will be the first Move Layer-2 on Ethereum. It will support Sui Move, Aptos Move, and also our embedded EVM interpreter MEVM—empowering both Sui, Aptos, and EVM users to use the L2.