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Arbitrum Developers Launch Onchain Labs Incubator

Arbitrum Developers Launch Onchain Labs Incubator

Developers of Arbitrum from Offchain Labs, in collaboration with the Arbitrum Foundation, have launched the Onchain Labs incubator to support “innovative and experimental” dapps in the L2 network.

The company will provide projects with product and market entry consultations. Allocation of operational resources is not planned.

The team will only support projects ready to offer fair conditions for a TGE with the aim of “strengthening community unity.” The firm has not ruled out that its venture division, Tandem, might acquire their tokens on public markets.

“We are allocating resources to support developers eager to rapidly expand the application layer. Together with them, we will implement ideas from scratch to enhance the user experience in Arbitrum. We are confident that we will see the best-in-class dapps,” the statement reads.

Aptos Initiative

The official community organization Movemaker, associated with the Aptos Foundation, has launched a $2 million grant program and opened a collaborative workspace for developers in Hong Kong, Aptos Space.

The initiative aims to strengthen the blockchain ecosystem and stimulate Web3 innovations by supporting “talents and extraordinary projects.”

The program is primarily targeted at developers from Greater China. Global teams will also be able to participate.

Funds will be directed towards financial, strategic, and technical support for dapps in areas such as DeFi, AI, payment solutions, stablecoins, and RWA.

Back in January, Arbitrum DAO opened voting on updating the L2 solutions Arbitrum One and Nova, which will allow the use of the BoLD dispute resolution protocol.

In April 2024, Offchain Labs deployed BoLD in the testnet.

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