UAE, Dubai, December 12th, 2024,
Chainwire
Vanar Chain, a pioneer
in blockchain innovation, announced a partnership with Movement Labs, a web3 company and core contributor of
the Movement Network, that will fundamentally reshape how
blockchain projects receive support and resources. This strategic
alliance directly addresses a crucial industry pain point, where
many blockchain projects report feeling disconnected from their
host chains due to limited support and resource constraints.
The strategic partnership seeks to
address the challenges associated with project discontinuation in
blockchain development.
"The next generation of blockchains need to set a new
standard by making real investments in the success of our
builders," said Jawad Ashraf, CEO of Vanar Chain. "When you build
with Vanar or Movement , you're building with the best. Our
partnership with Movement Labs reinforces our commitment to
providing unprecedented support for blockchain
innovation."
The partnership introduces
three core pillars:
- World-Class Product Support: Vanar Chain's
dedicated technical teams will provide comprehensive guidance and
tools, supported by Movement Labs' expertise.
- Ecosystem Resources: Projects
will gain priority access to Vanar Chain's extensive network,
complemented by Movement Labs' resources.
- Partner Connectivity: Vanar Chain and Movement
Labs will leverage their industry-leading positions to connect
builders with key stakeholders, investors, and strategic
partners.
This collaboration represents a shared
vision for a more interconnected blockchain ecosystem. The
initiative specifically targets rapidly growing areas including
SocialFi, AI, PayFi, and RWA, positioning Vanar Chain at the
forefront of blockchain innovation.
"We've already cultivated a vibrant builder community,"
said Rushi Manche, Co-Founder of Movement Labs. "By partnering with
Vanar Chain, we're creating a framework of structured, hands-on
support that will benefit the entire blockchain
ecosystem."
Expanding the
Vision
Vanar Chain is extending an open
invitation to other blockchain ecosystems to join this initiative,
with the goal of creating an interconnected network of support that
transcends individual chains. This collaborative approach aims to
establish unified excellence standards across the blockchain
landscape.
About Vanar
Chain
Vanar Chain is a
leading blockchain platform dedicated to empowering builders and
driving innovation across the blockchain ecosystem. With a focus on
mainstream adoption and comprehensive project support, Vanar Chain
is setting new standards for blockchain infrastructure and
development.
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.
Contact
Vanar
Chain
Press@vanarchain.com