Arbitrum Ecosystem Launches ‘Onchain Labs’ to Support Early-Stage Projects

PANews reported on March 18 that according to CoinDesk, Offchain Labs and the Arbitrum Foundation, the main organizations supporting the Arbitrum blockchain, have launched a new program to launch early projects in the ecosystem. According to a blog post from Offchain Labs, the new program "Onchain Labs" aims to provide marketing support for "experimental and volatile" projects. Offchain Labs promotes this program as a way to stimulate broader Arbitrum ecosystem activity and interest.

The company's blog post revealed that the first batch of Onchain Labs projects will be unveiled soon. Offchain Labs emphasized that the new program only supports projects that clearly "commit to fair and equitable launches", that is, avoiding token launches and other mechanisms that favor insiders. The selection criteria are designed to avoid "extractive ecosystems" and "zero-sum games." In addition, Tandem, the venture capital arm of Offchain Labs, "may or may not purchase relevant tokens on the open market."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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