Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
CoinDesk 2025-03-17 22:22:24

Arbitrum Ecosystem Unveils 'Onchain Labs' to Support Early-Stage Projects

Arbitrum Ecosystem Unveils 'Onchain Labs' to Support Early-Stage Projects

The main organizations supporting the Arbitrum blockchain, Offchain Labs and the Arbitrum Foundation, unveiled a new program designed to kick-start early-stage projects in the ecosystem. The new program, "Onchain Labs," is designed to provide go-to-market support to "experimental and volatile" projects, according to a blog post from Offchain Labs, Arbitrum's main developer. “Through Onchain Labs, we’re dedicating resources to support developers looking to rapidly expand the application layer by ideating with them from the ground floor to bring the best user experiences to Arbitrum,” the blog post said. “As we do with many Arbitrum teams, we’ll provide product and [go-to-market] support to these early-stage projects, collaborating closely to help their applications thrive on Arbitrum.” Arbitrum Foundation is a non-profit that stewards Arbitrum ecosystem governance. Offchain Labs, which created the blockchain in 2021, focuses on developer tooling and core network infrastructure. Offchain Labs is pitching its new initiative as a way to spur greater activity and interest in the wider Arbitrum ecosystem. According to the blog post from the company, the first Onchain Labs projects will soon emerge from stealth. Offchain Labs said the only projects supported by its new program will be those that explicitly "commit to fair and equitable launches" — presumably meaning they avoid token launches and other mechanics that preference insiders. Offchain Labs stated in its blog post that the selection criteria are meant to avoid "extractive ecosystems" and "zero-sum games." Tandem, Offchain Labs' venture capital arm, "may or may not purchase associated tokens in public markets," the company added. Arbitrum is a layer-2 optimistic rollup network on Ethereum. Like other rollups, the chain is designed to process transactions faster and more cheaply than the main Ethereum blockchain. Several new blockchains are built on Arbitrum's technical framework, forming a network of interconnected blockchains called Arbitrum 'Orbit.' Arbitrum is currently the largest layer-2 network on Ethereum, with roughly $12.2 billion on its primary 'Arbitrum One' chain, according to L2beat . Read more: Arbitrum Deepens Ties with South Korea's Lotte Group

Most Read News

Market Cap
24h Vol
60.37%
Bitcoin Share
391
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.