Offchain Labs, the developers of the Arbitrum layer-2 network, have announced the launch of Onchain Labs—a program to support the development of decentralized applications on the Arbitrum platform.
Launch of Onchain Labs
Onchain Labs will work with developers from the initial concept to helping deploy DApps, focusing on expanding the Arbitrum ecosystem. The program offers new tools for developers looking to build on Arbitrum and aims to be faster and cheaper than competitors.
Offchain Labs' Commitment
Offchain Labs is committed to working with projects focused on fair and equitable token launches, reflecting concerns over the industry's tendency toward extractive launches that erode trust. The transparent model is intended to build community trust and ensure long-term success.
Role of Layer-2 Networks
With the rapid growth of over 70 layer-2 networks on Ethereum, fragmentation is affecting the ecosystem. Onchain Labs aims to alleviate this issue by simplifying DApp development and enhancing the scalability of the Arbitrum network.
The launch of Onchain Labs aims to expand the Arbitrum application layer by focusing on more equitable project launches. This pilot project supports the widespread application of DApps on Arbitrum with a user-focused and community-oriented approach.
