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Movement Labs co-founder Cooper: Community contribution determines the success of a chain or application | FAT Awards 20 | Bee Network

Movement Labs co-founder Cooper: Community contribution determines the success of a chain or application | FAT Awards 20 | Bee Network Login 熱門新聞 Meme Launchpad AI 代理商 DeSci 熱門鏈瀏覽器 新人必讀 衝百倍幣 蜜蜂遊戲 必備網站 必備APP 必關大神 DePIN 新人必備 教我避坑 基本工具 深度網站 交易所 NFT 工具 你好, 登出 Web3宇宙 遊戲 DApp 蜂巢 增長平台 生態 搜尋 英語 Coins儲值 登入 下載 Web3大學 遊戲 DApp 蜂巢 生態 分析•Movement Labs共同創辦人Cooper:社群貢獻決定一條鍊或應用的成功 | FAT 獎項 20 Movement Labs共同創辦人Cooper:社群貢獻決定一條鍊或應用的成功 | FAT 獎項 20分析1 年前 (2024)更新懷亞特 39,9301 20 On September 16, the annual “FAT Awards 2024” ceremony opened grandly at the Conrad Singapore.

FAT是Odaily星球日報於2020年創立的排名儀式+高峰論壇品牌,旨在獎勵Web3和加密行業的領導者和創新者,專注於價值範式和共識時刻。 2024年,當加密產業日新月異、敘事被主流世界認可、新鮮敘事風起雲湧、生態蓬勃發展、優質計畫層出不窮的時候,Odaily星球日報將再次出發FAT排名評選並舉行線下頒獎典禮。

At the event, Movement Labs co-founder Cooper and Movement Labs marketing director Will held a fireside chat on the theme of Powering the Future of Web3: Movement Labs Next-Generation Blockchain Infrastructure.

The following is a transcript of the discussion, condensed and edited by Odaily Planet Daily. Enjoy~

WILL: Can you give us a brief introduction to Movement Labs? COOPER : There will be many Layer 1 and Layer 2 coming to the market in the next few years, and if you are a Layer 1, it will be very difficult to start when the market is bad. Movement Labs is faster and safer, and similar to Rust, we can run directly on Ethereum, which makes it more convenient to use the Move language. All applications built on our platform can access any address-compatible blockchain without making any sacrifices.

W: The entire Layer 2 transaction volume is already less than 200 million. Does Movement Labs still have a chance? COOPER : We entered the market through Ethereum and did not need to reinvent the wheel. ETH is the fastest way to deliver goods and services, and the other end of Web3 is decentralization. The future of tokens is not about how much we can hoard, but about giving us the opportunity to reward developers, KOLs, and community members. The contribution of community members is related to the success of the chain or application. We need to determine how to identify the contribution of others to the network in addition to developers, and design programs to measure this contribution. In the previous market, because of the fragmentation of the ecosystem, from builders to all stakeholders, no rewards were received from the network, and when the network or market became difficult, they had no reason to stick with it. Therefore, giving back to the community is the most important part.

W: What results were achieved from the global hackathon “Battle of Olympus” organized by Movement Labs? COOPER : Its happening all over the world and its being led by our ecosystem. We had a lot of developer and community events during Korea Blockchain Week and Singapore 代幣 2049, some of which were even done by multiple teams in our ecosystem working together, and that energy comes from the community spirit. At the same time, in competitions like this, there are a lot of different ways for applications to get recognition from us and share our large community. We have thousands of users in their Discord or Twitter, and now we have 320,000 and 200,000 users on these two platforms combined. There are tens of thousands of active users and transactions on the chain, which makes everyones data available in the network. Now we are creating an experience that users like to enjoy interacting on the chain. We hope that this is a similar experience in the community, where you get special roles when you complete specific tasks on the network, and these tasks also provide very good data points, and whoever gets the reward is the active user. This collaboration allows applications to build on each other, get community funding and startup funds, and benefit from their community. Its a very symbiotic relationship.

W: In addition to pursuing dreams, finding funds is also very important for teams entering this industry. But VC is changing. How do you view the current venture capital environment? COOPER : Although there is no bull market, there is a good market , just like the market in December last year. There is no reason for the current market to follow the previous rules. It is expected that in 2025, market sentiment will slow down, and a bull market may not be necessary in the future. Investment is starting to slow down, so many teams now need to be prepared to raise funds at a lower valuation than expected, which is the current situation.

W: What is the biggest challenge for you personally? COOPER : Bringing a new programming language to Web3. My co-founder Rushi and I dropped out of college to build products, we talked to investors nonstop, and built communities. This experience is not something most people have. So we wanted to create a system that recognizes peoples contributions, no matter where they come from. This is the most interesting thing because we have to be truly different, both in terms of applications and teams, and this is a standard. Only in this way can we compete with other blockchains.

W: How should users participate in construction? COOPER : If you want to contribute to the new ecosystem, there is definitely a place for you. If you like memes, there are opportunities for you in Movement Labs and the app. If you are a service provider, there is a place for you here. If you want to build a business, there are also many opportunities here. You can use this new platform to create anything you want, and there is a community to power you.

This article is sourced from the internet: Movement Labs co-founder Cooper: Community contribution determines the success of a chain or application | FAT Awards 2024

Related: A brief analysis of Fabric: Raising $33 million to unlock the future of cryptographic computing with hardware Original | Odaily Planet Daily ( @OdailyChina ) Author: Azuma ( @azuma_eth ) On the evening of August 19th, Beijing time, Fabric, a company developing VPU chips, announced the completion of a US$33 million Series A financing round. This round of financing was led by Blockchain Capital and 1kx, with participation from Offchain Labs (Arbitrum), Polygon and Matter Labs (ZKsync). Combining the information on Fabrics official website and the additional description of the lead investor Blockchain Capital, Fabric currently has a high-quality team of more than 60 full-time employees, many of whom have co-founders and executives with outstanding career experience in cryptography, processors or AI development. For example, co-founder and CEO Michael Gao has won the Mathematical Olympiad and co-founded a photonic AI supercomputing company invested by Bill Gates; co-founder…

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