Arbitrum devs launch incubator-style program ‘Onchain Labs’
17 Março 2025 - 11:26PM
Cointelegraph


Offchain Labs, the developers of Ethereum layer-2 network
Arbitrum, have announced a partnership with the Arbitrum Foundation
to launch a new incubator-style program called Onchain Labs.
According to a March 17 post by
Offchain Labs, the new incubator is aimed at rapidly adding to
Arbitrum’s
existing decentralized application (DApp) offerings with a
particular focus on supporting “innovative and experimental”
projects.
Offchain Labs said this support will primarily come in the form
of product and go-to-market advice and won’t provide engineering or
other operational resources.
It also added that while it’s possible — there’s no guarantee
that its venture capital arm, Tandem, will purchase any of these
project tokens in public markets.
Source: Offchain
Labs
Offchain Labs said the continued development of Arbitrum over
the past few years has seen it grow to become one of the “most
performant ecosystems in the space.” But now, with the launch of
Onchain Labs, the focus will shift to building out the network’s
application landscape.
“Through Onchain Labs, we’re dedicating resources to support
developers looking to rapidly expand the application layer by
ideating with them from the ground floor to bring the best user
experiences to Arbitrum,” the company said.
“With Offchain Labs’ support, we’re confident we’ll see
industry-leading applications that are uniquely possible on
Arbitrum.”
However, it’s not just about building more applications.
The firm has also said it will only support projects that launch
fairly. Offchain Labs claimed the industry’s recent trend toward
extractive zero-sum launches “stands in stark contrast to the core
ethos of crypto,” adding that “as an industry, we can — and must —
do better.”
It will seek to counter this trend by only working with teams
that commit to equitable launches, which it said was “essential for
fostering community alignment. There’s no reason why all
participants in an ecosystem can’t succeed together.”
The rise of layer 2s is creating problems for Ethereum
Arbitrum was one of the earliest
layer 2s (L2s) on Ethereum, but there’s been an explosion in
new L2 networks since Ethereum’s Dencun upgrade last year.
According to L2Beat, there are now over 70
layer 2s and many more on the way. This has created some issues for
Ethereum, according to some industry professionals.
The first is the fracturing of the Ethereum ecosystem, as
different DApps run on different layer 2s, which may or may not be
interoperable.
“We currently have too many, the more L2s we build, the less
interoperability we will have, creating other problems around
infrastructure,” Vitali Dervoed, the co-founder and CEO of
perpetual exchange Composability Labs, told
Cointelegraph in August.
Related: DigiFT launches Invesco private credit token on
Arbitrum
“Developers might have good intentions when building the next
super-fast, low-gas-fee, easy-to-use blockchain, but in the long
run, it’s counterproductive as it creates a more fragmented
ecosystem,” he added.
Another issue is that lower-cost layer 2s like Base and Arbitrum
are eating into Ethereum’s revenue and impacting the layer 1’s
market cap.
It comes on the same day Standard Chartered
downgraded its
2025 price target for Ethereum by a whopping 60%, from
US$10,000 to just US$4,000, with the bank’s head of digital asset
research, Geoff Kendrick, saying, “We expect ETH to continue its
structural decline.”
Kendrick cited the impact of low-cost layer 2s like Base and
Arbitrum as one of the key drivers of this decline.
“Layer 2 blockchains were meant to improve ETH
scalability, but we estimate that Base (a key layer 2) has removed
USD 50bn from ETH’s market cap.”
Magazine: ETH
may bottom at $1.6K, SEC delays multiple crypto ETFs, and more:
Hodler’s Digest, March 9 – 15
...
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Arbitrum devs launch incubator-style program
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