Blockchain Press Releases
Movement Labs Launches ‘Move Collective’ Accelerator Program as Partners Secure $13.2 Million in Seed Funding
SAN FRANCISCO, Sept. 25, 2024 /PRNewswire/ — Movement Labs, a network focused on open-source tooling for the Move smart contract language, today announced the launch of its elite accelerator program, ‘Move Collective’. This innovative program is designed to nurture and support the most promising projects in the Movement ecosystem, offering comprehensive support to projects at various stages of development.
In a testament to the program’s early success, Movement Labs also revealed that five of its key partners, who received support through the Move Collective program, have collectively raised $13.2 million in seed funding.
The Move Collective aims to transform ambitious ideas into successful blockchain applications by providing participants with a range of benefits including funding opportunities, expert mentorship, strategic networking, and essential resources.
“The Move Collective represents our commitment to fostering innovation within the Movement ecosystem,” said Rushi Manche, Co-Founder of Movement Labs. “We’re empowering developers to build cutting-edge blockchain applications that enhance scalability, security, and user experience across the crypto industry.”
The program’s success is evident in the recent funding secured by key partners:
- Lync: $1.5 million for their consumer-centric rollup
- HelixLabs: $2 million for their innovative cross-chain interoperability solution
- Nexio: $2.2 million for their parallelized Bitcoin rollup
- Echelon: $3.5 million for their decentralized lending protocol
- Meridian: $4 million for their advanced DeFi platform
These partners leveraged the resources and support provided by the Move Collective to connect with investors and secure their pre-seed funding, highlighting the program’s effectiveness in accelerating project development and funding efforts.
In addition to these individual project fundraises, Web3Port Foundation, a key ecosystem partner, has secured $10 million for their Movement Ecosystem Fund. This fund will focus on investing in native DeFi, Consumer, and Gaming applications within the Movement Network. Web3Port Foundation’s initiative demonstrates the growing interest in supporting a wide range of innovative projects in the Movement ecosystem, complementing the direct investments in individual startups.
“The substantial pre-seed funding secured by our partners, along with Web3Port Foundation’s ecosystem fund, is a powerful testament to the Move Collective program,” said Cooper Scanlon, Co-Founder of Movement Labs. “It demonstrates that both VCs and ecosystem builders recognize the immense potential of Move-based L2 solutions and the innovative applications being developed on our network.”
The Move Collective offers a range of benefits, including:
- Move-Mentor-Ship: Direct mentorship from Movement Labs’ executive team
- MoveOn-Site Adventures: Opportunities for in-person meetings and global event participation
- MovEngage: Community engagement through Discord AMAs and Twitter Spaces
- Collective Collaboration: Networking with other innovative teams in the ecosystem
- Market Moves: Co-marketing opportunities with Movement Foundation and partners
As Movement Labs continues to expand its ecosystem and attract developers to its Move Virtual Machine for Ethereum, the Move Collective program is poised to play a crucial role in nurturing the next generation of blockchain innovations.
For more information about the Move Collective and Movement Labs, visit https://movementlabs.xyz/move-collective/ and https://movementlabs.xyz, follow @movementlabsxyz on X and join Movement Labs’ Discord.
About Movement Labs
Movement Labs is the innovative force behind the Movement Network, an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems. The organization is developing the first Move Virtual Machine L2 for Ethereum, alongside open-source tooling and protocols to facilitate the adoption of the Move programming language across blockchain ecosystems. With Movement, developers can launch high-performance Move VM rollups with ease. Backed by $38 million in Series A funding led by Polychain Capital, with participation from Binance Labs, Hack VC, Placeholder, OKX Ventures and Archetype, Movement Labs aims to revolutionize blockchain interoperability and advance Move-based technologies in the Web3 space. Learn more about Movement’s Battle of Olympus developer Hackathon and follow the team’s exciting news on on X and on Discord.
About Nexio:
Nexio is revolutionizing Bitcoin scalability through a parallelized Bitcoin rollup. The team is building a suite of products and services that empower developers to leverage the power of Bitcoin for complex DeFi applications, gaming platforms, NFT marketplaces, and infrastructure projects without compromising on security or efficiency. Nexio’s technology supports over 30,000 transactions per second with ultra-low gas fees, making it ideal for high-frequency applications. Led by co-founders with significant expertise in Bitcoin zkVM rollup development, Nexio is setting new standards in blockchain technology. For more information, follow on X @buildnexio and on Discord
About LYNC:
LYNC L2 is the first consumer centric chain powering the MOVE stack enabling use cases for mass adoption, and a native tooling stack that allows devs to build on-chain products in 90% less time and cost, backed by Movement Labs.
About Echelon
Echelon is a high efficiency money market written in move that facilitates the borrowing and lending of assets via non-custodial pools, enabling users to earn interest and increase buying power via leverage. Positions are overcollateralized to protect lenders and eMode offers the highest capital efficiency for borrowers. The protocol is complete with isolated pools for long tail assets and one click strategies for leverage staking and RWA backed vaults such as leveraged treasuries.
About Meridian
Meridian is a decentralized liquidity marketplace and liquid staking protocol natively built on Movement Labs, enabling users to seamlessly trade and earn with their assets.
About Helix Labs
Helix Labs is a pioneering protocol that maximizes yield earning opportunities for non-ETH L1 asset holders through restaking and supports an OmniVM rollup future through liquidity abstraction. By enhancing token utility, expanding EigenFi capacity, and providing liquidity as a service, Helix Labs is paving the way for a more robust and interconnected blockchain ecosystem.
About Web3Port Foundation
Web3Port Foundation is an international multi-stage technology investment platform. The Web3Port Foundation is divided into a primary fund of $100 million and a secondary fund of $1 billion that backs and amplifies leading blockchain-enabled solutions to build businesses that are truly differentiated across all markets.
Photo – https://mma.prnewswire.com/media/2514772/Movement_Labs___Move_Collective.jpg
View original content:https://www.prnewswire.co.uk/news-releases/movement-labs-launches-move-collective-accelerator-program-as-partners-secure-13-2-million-in-seed-funding-302258438.html
Blockchain Press Releases
AB Token is Now Live on BingX – Deposit & Trade to Share 6.2 Million AB Rewards
SINGAPORE, March 6, 2025 /PRNewswire/ — AB DAO has officially announced that AB Token is now live on BingX (bingx.com), further expanding global trading channels and accelerating AB adoption in the Web3 space. This listing marks another major milestone for the AB DAO ecosystem, providing more trading opportunities for global users while enhancing AB’s market liquidity and ecosystem influence.
Deposit & Trade to Share a 6.2 Million AB Prize Pool
To celebrate AB’s listing, BingX has launched two exclusive reward campaigns: Deposit Bonus & Trading Prize Pool, with a total prize pool of 6.2 million AB, encouraging more users to participate in the AB DAO ecosystem.
- Event 1: Deposit $AB to earn exclusive rewards – 1,200,000 AB
- Event 2: Trade $AB and share the prize pool – 5,000,000 AB
Additionally, 150 Futures Bonus Vouchers worth 30 USDT each are available.
>>Event Details: https://bingx.com/partner/ABexclusive/2R3om2
AB Trading Pair Details
- Trading Pair: AB/USDT
- Deposit Opens: March 6, 2025, 12:00 (UTC+8)
- Trading Starts: March 6, 2025, 18:00 (UTC+8)
- Withdrawal Opens: March 7, 2025, 18:00 (UTC+8)
AB DAO Ecosystem Continues to Expand
With BingX now supporting AB, users can also trade AB on the following exchanges:
- Bitget (bitget.com)
- HTX (htx.com)
- MEXC (mexc.com)
- BingX (bingx.com)
- 4E (eeee.com)
- BitMart (bitmart.com) (Coming Soon)
The AB listing on BingX is a crucial step in AB DAO’s global strategy. In the coming weeks, AB DAO will continue expanding its presence across multiple trading platforms, enriching ecosystem applications, and accelerating global adoption.
>> Stay Updated with AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/ABDAO_Global
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-token-is-now-live-on-bingx–deposit–trade-to-share-6-2-million-ab-rewards-302394332.html
Blockchain Press Releases
SOL ARENA USHERS IN A NEW ERA OF CASUAL GAMING AND CRYPTO WAGERING ON SOLANA, WITH $CHILL TOKEN LAUNCHING SOON
- SOL Arena, the Web3 multiplayer battle game developed by Chillchat ,will launch its $CHILL token at end-March 2025, following its sold-out Challengers NFT mint on Magic Eden on February 6, 2025.
- Delivering a fresh take on snake-like gameplay on the Solana blockchain, SOL Arena has attracted 80,000+ global players since its Open Beta launch in September 2024.
- Backed by Solana Ventures, Crypto.com Capital, and Big Brain Holdings, Chillchat aims to pioneer innovation in Web3 gaming by marrying casual gameplay with high-stakes crypto wagering in massive real-time battles.
BANGKOK, March 6, 2025 /PRNewswire/ — SOL Arena, a high-stake multiplayer battle game powered by Solana and now live in Open Beta, will launch its $CHILL token at end-March 2025, which will allow players to wager $CHILL in real-time crypto battles, or stake for in-game and ecosystem rewards. After welcoming more than 80,000 players worldwide since its Open Beta began on September 20, 2024, SOL Arena’s highly anticipated $CHILL token launch follows a sold-out Challengers NFT mint on Magic Eden last month.
Developed by Chillchat, a Bangkok-based Web3 gaming studio, SOL Arena unites casual snake-style gameplay with massive real-time battles and large-scale crypto wagering. By pairing the simplicity of casual gaming with the thrill of real crypto stakes, SOL Arena delivers a fresh take on Web3 gaming on Solana — appealing to both casual gamers and competitive enthusiasts.
To support its continued growth and development, Chillchat previously secured US$8.69M in seed funding, led by Solana Ventures, Crypto.com Capital, and Big Brain Holdings. Matt Beck, Head of Investments at Solana Ventures said: “SOL Arena is introducing a new way to engage with crypto gaming — where every match matters because there’s something real at stake. This is exactly the kind of innovation that will drive Web3 gaming forward.”
SOL Big Brain of Big Brain Holdings said: “I’m hyped to see how SOL Arena evolves over time. Its approach to merging casual gaming with real-time wagering is already making waves in the Solana community.”
A New Era of Web3 Gaming: Real-Time Crypto Wagering at Scale
SOL Arena merges the simplicity of popular multiplayer snake games with intense extraction gameplay, allowing up to 50 players to compete in real-time battles to collect noCHILL, outmaneuver opponents, and strategically withdraw their winnings. The upcoming High Roller Mode will introduce crypto wagering with $CHILL, raising the stakes for both casual players and high-level competitors. SOL Arena integrates the dynamic, community-driven Solana ecosystem directly into the game, where memecoin projects, NFT communities, and token holders unite under shared teams.
“Our vision is to merge casual gaming with degenerate memecoin activity and crypto network effects,” said James Au, CEO and Game Director of Chillchat, “to deliver an exciting new player experience that redefines the thrill of ‘winning’.”
What’s Next? Token Launch and Mobile Play
Following the Challengers NFT mint in February 2025, SOL Arena’s next significant milestone is the launch of its ecosystem token, $CHILL, at the end of March.
The $CHILL token fuels SOL Arena’s in-game economy, allowing players to wager it in High Roller mode, or stake it to earn in-game rewards. Players can qualify for a $CHILL airdrop by playing the game and extracting noCHILL, or by holding Chillchat Origin or SOL Arena Challengers’ NFTs.
The official launch of the SOL Arena game, which will introduce new features such as Seasons, will include mobile versions for both iOS and Android available in mid-2025.
Join the SOL Arena Battles Now
SOL Arena is free to play now at solarena.io. Jump in, collect and extract noCHILL, and start climbing the leaderboards to secure your spot in the upcoming $CHILL airdrop.
For more on SOL Arena:
Website
Discord
X (Twitter)
Telegram
About Chillchat
Chillchat is a Bangkok-based Web3 gaming studio dedicated to creating fun, accessible, and innovative blockchain-powered experiences. SOL Arena is the studio’s flagship title, merging traditional gaming fundamentals with real crypto stakes, all secured by Solana’s lightning-fast network. With an aim to pioneer the next generation of Web3 gaming, Chillchat invests in bold ideas that blend community engagement, financial incentives, and immersive gameplay.
View original content:https://www.prnewswire.co.uk/news-releases/sol-arena-ushers-in-a-new-era-of-casual-gaming-and-crypto-wagering-on-solana-with-chill-token-launching-soon-302389851.html
Blockchain Press Releases
Movement Labs Announces “GMove: Move Asia’s Future” APAC Tour Following Mainnet Launch
SAN FRANCISCO, March 6, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the launch of its Asia Pacific tour: “GMove: Move Asia’s Future.” This comprehensive tour will connect developers, investors, influencers, and community members across 11 vibrant cities throughout the APAC region.
Led by Cooper Scanlon, co-founder of Movement Labs, the tour aims to ignite excitement, foster collaboration, and establish Movement as a key player in the Web3 ecosystem across Asia Pacific. The tour runs from March 18 to April 17, 2025, with flagship events in:
- Taipei: March 18 – 21
- Shenzhen: March 21 – 23
- Chengdu: March 23 – 25
- Shanghai: March 25 – 27
- Hangzhou: March 27 – 29
- Bangkok: March 29 – April 3
- Ho Chi Minh City: April 3 – 5
- Hanoi: April 5 – 7
- Singapore: April 7 – 11
- Seoul: April 11 – 14
- Tokyo: April 15 – 17
“The APAC Tour will help bring together all the essential parts that make blockchain and our amazing Movement community successful,” said Scanlon. “By connecting developers, investors, community builders, traders, government officials, and crypto enthusiasts across these vibrant markets, we’re creating the foundation for continued growth and innovation that will truly ‘Move’ Asia’s digital future!”
Each city will host a dynamic flagship event featuring networking, presentations, panel discussions with local community leaders, and developer pitch sessions. As the first major in-person event series following Movement’s Mainnet Launch, these gatherings will provide a platform for local developers to pitch their projects and connect with interested investors. Developers, investors, community organizers & creators can also look forward to the unveiling of Movement’s new Global Ambassador Program and Global Hubs Program for the first time during the tour.
Attendees will receive exclusive benefits available only through event check-ins, rewards, branded merchandise, and early access to Movement pioneering projects. The tour will be promoted through localized campaigns in Chinese, Korean, Japanese, and Vietnamese languages to ensure maximum engagement across all regional communities. Events will be listed on Luma, with registration now open for developers, startups, community members, and builders.
For more information about the Movement APAC Tour, including event registration details and sponsorship opportunities, please visit https://lu.ma/MovementAPACTour2025 and movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.
About Movement Labs
Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains. The company is creating the first Move Virtual Machine for Ethereum, along with open-source tools to promote Move adoption across blockchains. Their platform enables developers to launch high-performance Move VM rollups easily, bridging Move and EVM ecosystems.
Photo – https://mma.prnewswire.com/media/2634221/APAC_TOUR_MAIN_FLYER__1.jpg
Logo – https://mma.prnewswire.com/media/2397018/movement_logo_full_color_rgb_2000px_72ppi_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/movement-labs-announces-gmove-move-asias-future-apac-tour-following-mainnet-launch-302393530.html
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