The Move language public chain ecosystem is beginning to show its strength, with Aptos and Sui becoming new favorites for investment.

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Opportunity of Move Language

TL;DR

  1. The Move language features characteristics such as programming assets as first-class citizens, security, flexibility, and composability.

  2. The development of public chain ecosystems using the Move language is still in its early stages, with limited interaction options.

  3. Several well-known investment institutions have already begun to lay out public chains with a Meta background, and traditional financial institutions are entering the market.

  4. It is necessary to continuously pay attention to the ecological expansion, testnet progress, and market performance of Aptos and Sui.

How to Capture the Early Advantages of Move Language?

Features of the Move Language

Move is a programming language developed by Meta for the Diem project, specifically designed for finance. Its main features include:

  1. Program assets as first-class citizens
  2. Ensure security through static calls, virtual machine sandboxing, etc.
  3. Verifiability
  4. Flexibility
  5. Contract Composability

The Move language defines digital assets through Resources, allowing only the resource owner to decide on storage and transfer, thus avoiding reentrancy and double-spending attacks. Static calls and virtual machine sandboxes are employed to enhance security, while formal verification increases verifiability. Generic programming is utilized to improve flexibility and code reuse capability. The design based on Modules enables contract composability.

How to Capture the Early Benefits of Move Language?

Public Chain Using the Move Language

Currently, there are four public chains using the Move language: Aptos, Sui, Starcoin, and 0L Network.

Aptos and Sui were founded by former Meta engineers, focusing on security and scalability. Aptos has completed two rounds of financing totaling $350 million, while Sui is in the process of completing a $200 million financing. Both are in the testnet phase and plan to launch on the mainnet this year.

Starcoin and 0L Network have launched their mainnet. Starcoin is based on PoW consensus, providing solutions for DeFi, NFTs, and more. 0L Network emphasizes community governance, with a limit of 100 validating nodes.

How to Capture Early Benefits of Move Language?

Status of Public Chain Ecosystem Development

The overall situation is in its early stages, with many NFT and wallet projects within the ecosystem. The Aptos ecosystem is leading in development, with 60-70 projects and 27 available applications. The Sui and Starcoin ecosystems have fewer projects. User interaction options are limited, mainly focusing on wallets, DEXs, and NFT trading platforms.

How to Capture the Early Benefits of the Move Language?

Progress of Aptos and Sui Testnets

Aptos has completed two rounds of incentive testnets and is about to start the third round, with the mainnet scheduled to launch this autumn. Sui will launch its incentive testnet this month. Both require node validation participation for testing, with high requirements for participants.

How to Capture Early Benefits of Move Language?

Investment Opportunities Behind the Move Language

  1. Well-known investment institutions such as a16z and Tiger Global have actively laid out their plans.

  2. Traditional financial institutions such as Franklin Templeton are beginning to enter

  3. Developers believe that the features of the Move language are highly compatible with the demands of DeFi, NFTs, and more.

  4. The prospects for ecological development are promising, focusing on DeFi and NFT projects in the short term.

  5. Solana ecosystem projects begin to migrate to Aptos, enhancing ecosystem interoperability.

  6. The market has a high valuation for Aptos and Sui, which presents potential Alpha returns.

How to Capture the Early Benefits of Move Language?

How to Capture the Early Benefits of Move Language?

How to Capture Early Benefits of Move Language?

MOVE-0.76%
APT-1.37%
SUI-4.1%
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SatoshiSherpavip
· 08-06 11:55
Move is bullish again!
View OriginalReply0
GasFeeTearsvip
· 08-04 13:13
Large funds have already been lying in ambush, and the retail investors are once again last?
View OriginalReply0
TarzanPastEventsvip
· 08-03 12:51
This thing is about to be unlocked and still looks like this, the market manipulator is also useless.
View OriginalReply0
ForkYouPayMevip
· 08-03 12:25
aptos is going to buy the dip again.
View OriginalReply0
WalletWhisperervip
· 08-03 12:24
watching the alpha leak from smart money's move accumulation... statistical significance approaching critical mass
Reply0
ser_we_are_ngmivip
· 08-03 12:16
Not optimistic about Sui
View OriginalReply0
SelfSovereignStevevip
· 08-03 12:07
A public chain like this is not as good as copying Sol.
View OriginalReply0
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