Opportunities in Move Language

Move is a programming language developed by Meta(, formerly Facebook), for its stablecoin project Diem. It features first-class asset programming, security, verifiability, flexibility, and contract composability. Currently, the main public chains using the Move language include Aptos, Sui, Starcoin, and 0L Network.

Main Features of Move Language

1. Program assets as first-class citizens, define digital assets through Resource, and avoid reentrancy and double-spending attacks.

2. Ensure security through static calls, virtual machine sandboxing, etc.

3. Adopt formal verification to improve verifiability

4. Improve flexibility and code reusability through generic programming

5. Implementing contract composability based on Module design

Public chain mainly using Move language

Aptos

• Built by former Meta engineers, focusing on security, scalability, and upgradability.
• Completed two rounds of financing, with a total financing amount of 350 million USD
• Currently in the testnet phase, planning to launch the mainnet this fall.
• The ecological development is progressing rapidly, with over 60 projects already established.

Sui

• Built by Mysten Labs, founded by former Meta engineers.
• Focus on high TPS and low latency, tested TPS reached 120,000
• Completing a $200 million Series B funding round
• 8 ecological projects, featuring NFTs and blockchain games

Starcoin

• Based on enhanced PoW consensus and Move language
• Launched mainnet in May 2021
• The ecosystem includes wallets, DEX, NFTs, etc.

0L Network

• Open, permissionless community-managed public blockchain
• Genesis in October 2021
• The number of validating nodes is limited to 100.

Current Status of Move Language Public Chain Ecosystem

• The overall development is in its early stages, with a limited number of ecological projects.
• Aptos ecosystem development is leading, with 60-70 projects.
• Focused on projects related to NFTs, wallets, and infrastructure.
• The interactive applications available for users are still limited.

Investment Institutions Layout

• Aptos and Sui secured investments from well-known institutions such as a16z and FTX Ventures.
• Traditional financial institutions such as Franklin Templeton and Samsung NEXT are starting to make arrangements.

Developer Perspective

• The features of the Move language are highly compatible with the demands of DeFi, NFTs, and more.
• Compared to Solidity, it has advantages such as security and composability.
• Expected to attract more developers to use

Ecological Development Prospects

• DeFi and NFT projects will be the main development direction
• Solana ecosystem projects begin migrating to Move public chains such as Aptos
• User interactions in the short term are mainly focused on DeFi and NFT applications.

Overall, although the Move language public chain is still in its early development stages, it has already attracted significant attention from investors and developers, and its potential for future development is promising. However, the current ecological applications are still limited, and its value capture capability still requires further validation.