Arbitrum, Ethereum’s Layer-2 scaling solution, introduces “Onchain Labs,” a new initiative focused on nurturing early-stage, high-risk Web3 projects. Backed by Offchain Labs and in collaboration with the Arbitrum Foundation, this program aims to provide vital industry guidance and technical support to emerging ventures.
By fostering these innovative projects, Onchain Labs strengthens the Arbitrum network’s infrastructure for decentralized applications (dApps). This move solidifies Arbitrum’s position as a leading platform for developers seeking to build and deploy scalable, efficient, and cost-effective solutions on the Ethereum blockchain. The initiative reinforces Arbitrum’s core mission of scaling Ethereum and empowering developers with the tools they need to innovate within the Web3 landscape. The “Onchain Labs” program represents a significant investment in the future of the Arbitrum ecosystem and the broader Web3 space.
