Movement announced the launch of its public mainnet beta, marking a significant step towards Ethereum deployment for the Facebook-developed Movement Virtual Machine (MoveVM). The mainnet has raised over $233 million in BTC, ETH and MOVE token liquidity through Movement's Cornucopia initiative, and will support smart contract deployments, enabling developers to build and use applications on the network for the first time.
The Move language was originally developed by Facebook and used in Layer 1 networks such as Sui and Aptos. This time, Movement Labs has expanded it to Ethereum Layer 2, providing new scalability and security solutions for smart contract development.
Movement mainnet Beta officially launched
2025-03-11 02:00:05
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