Arbitrum devs launch incubator-style program ‘Onchain Labs’

Offchain Labs has introduced Onchain Labs to support innovative DApps on the Arbitrum network. This initiative is a response to the growing trend of layer-2 solutions.

Onchain Labs stresses the importance of fair launches to promote ecosystem success and aims to provide strategic advice without operational resources.

The increasing number of low-cost layer-2 solutions is affecting Ethereum’s market capital and revenues, leading to predictions of a continued structural decline for ETH.

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