Vanar Chain Spearheads Groundbreaking Blockchain Support Initiative with Movement Labs

[PRESS RELEASE – UAE, Dubai, December 12th, 2024]

Vanar Chain, a pioneer in blockchain innovation, announced a partnership with Movement Labs, a web3 company and core contributor of the Movement Network, that will fundamentally reshape how blockchain projects receive support and resources. This strategic alliance directly addresses a crucial industry pain point, where many blockchain projects report feeling disconnected from their host chains due to limited support and resource constraints.

The strategic partnership seeks to address the challenges associated with project discontinuation in blockchain development.

“The next generation of blockchains need to set a new standard by making real investments in the success of our builders,” said Jawad Ashraf, CEO of Vanar Chain. “When you build with Vanar or Movement , you’re building with the best. Our partnership with Movement Labs reinforces our commitment to providing unprecedented support for blockchain innovation.”

The partnership introduces three core pillars:

• World-Class Product Support: Vanar Chain’s dedicated technical teams will provide comprehensive guidance and tools, supported by Movement Labs’ expertise.
• Ecosystem Resources: Projects will gain priority access to Vanar Chain’s extensive network, complemented by Movement Labs’ resources.
• Partner Connectivity: Vanar Chain and Movement Labs will leverage their industry-leading positions to connect builders with key stakeholders, investors, and strategic partners.

This collaboration represents a shared vision for a more interconnected blockchain ecosystem. The initiative specifically targets rapidly growing areas including SocialFi, AI, PayFi, and RWA, positioning Vanar Chain at the forefront of blockchain innovation.

“We’ve already cultivated a vibrant builder community,” said Rushi Manche, Co-Founder of Movement Labs. “By partnering with Vanar Chain, we’re creating a framework of structured, hands-on support that will benefit the entire blockchain ecosystem.”

Expanding the Vision 

Vanar Chain is extending an open invitation to other blockchain ecosystems to join this initiative, with the goal of creating an interconnected network of support that transcends individual chains. This collaborative approach aims to establish unified excellence standards across the blockchain landscape.

About Vanar Chain

Vanar Chain is a leading blockchain platform dedicated to empowering builders and driving innovation across the blockchain ecosystem. With a focus on mainstream adoption and comprehensive project support, Vanar Chain is setting new standards for blockchain infrastructure and development.

About Movement Labs

Movement Labs is the innovative force behind the Movement Network, an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems. The organization is developing the first Move Virtual Machine L2 for Ethereum, alongside open-source tooling and protocols to facilitate the adoption of the Move programming language across blockchain ecosystems. With Movement, developers can launch high-performance Move VM rollups with ease. Backed by $38 million in Series A funding led by Polychain Capital, with participation from Binance Labs, Hack VC, Placeholder, OKX Ventures, and Archetype, Movement Labs aims to revolutionize blockchain interoperability and advance Move-based technologies in the Web3 space.