Movement Labs thesis: modular MoveVM rollups sharing a sequencer
Quote75 words
Reacts to Movement's $38M round by arguing that a parallel EVM-compatible MoveVM rollup (M2) on Ethereum with Celestia DA is big, and an SDK for many MoveVM rollups sharing the M1 sequencer is bigger.
Key claims
Movement raised a $38M Series A led by Polychain
M2 is a parallel EVM-compatible MoveVM rollup with Celestia underneath
The SDK would enable interoperable MoveVM rollups sharing a sequencer
gmove to a $38M funding round! 馃
Have been saying it for a while and will continue to repeat myself:
Move is a game-changer and a parallel, EVM-compatible MVM rollup on Ethereum with @CelestiaOrg underneath (M2) is big.
A customizable (Movement) SDK that will give rise to an entire ecosystem of interoperable MoveVM rollups that share a sequencer (M1), is even bigger.
The modularization of MoveVM is playing out.
Keep your eyes on @movementlabsxyz! 馃憖
QUOTING @movement_xyz
gmove world. Today we are thrilled to announce our $38M Series A led by @polychain t.co/ZNe5XiMxAn
gmove world. Today we are thrilled to announce our $38M Series A led by @polychain t.co/ZNe5XiMxAn
What came next 路 since 26 Apr 2024
Since then
Zero has written 6 more pieces on Movement Labs since this one.
- Movement thesis: parallel MoveVM and Move<>EVM composability as an AltVM betOn Movement Labs
- Modular stack map: infra projects expected to launch tokens by year-endOn Movement
- Movement ecosystem thread: M1, M2, SDK and Battle of OlympusOn Movement Labs
- Why build on Movement M2: MoveVM parallelism and Move/EVM composabilityOn Movement Labs