On September 25, according to official news, Movement Labs announced the launch of its gas pedal “Move Collective”, which aims to nurture and support promising projects in the Movement ecosystem, providing comprehensive support for projects at different stages of development, recent projects benefiting from the Move Collective include:
Lync: Raised $1.5 million to build user-centered native mobile apps and games;
HelixLabs: $2 million for its innovative cross-chain interoperability solution;
Nexio: $2.2 million for its bitcoin parallelization rollup;
Echelo: $3.5 million for their decentralized lending protocol;
Meridian: raised $4 million to build their robust and secure DeFi platform.
Move Collective aims to turn innovative ideas into successful blockchain applications by providing its partners with a range of benefits, including funding opportunities, expert mentorship, a strategic network, and the necessary resources.