Generation Z members Cooper Scanlon and Rushi Manche left Vanderbilt University in 2022 to establish their blockchain-driven startup, Movement Labs. The duo has been paving the way in blockchain innovation, aiming to decentralize the internet and challenge the conventional systems of governance. They’re also the developers of an innovative blockchain protocol that’s been hailed as a game-changer in tech communities.
By 2023, Movement Labs garnered a notable $3.4 million in pre-seed funding. Their mission of transforming mobility technology appealed to numerous investors, resulting in an oversubscribed funding round. This financial support allowed them to speed up product development and market growth efforts. The funds were majorly used for technological research, recruiting talent, and establishing a strong market presence.
The founders attribute their success to their keen ability to adapt and innovation, especially in the field of blockchain technology. They underscored the importance of staying at the cutting edge of this evolving area to maintain competitiveness.
Decentralizing the web: Movement Labs’ journey
Scanlon and Manche advocate for companies to embrace novel technologies to ensure their long-term success and sustainability.
Choosing to diverge from traditional education paths, Scanlon and Manche championed unconventional learning methods. They contend that adaptability in the face of change is key and that success does not always come in pre-determined forms. Their experiences demonstrate the importance of seizing fresh opportunities and redefining personal definitions of success.
Movement Labs emphasizes the Move programming language, with a goal to assist developers in creating secure applications across different networks. They provide extensive tools and resources to support understanding of the Move language, endeavouring to nurture a community of developers employing blockchain technology.
Scanlon and Manche champion a community-centric approach in the Web3 field, stressing the value of diverse community contributors. They believe in the strength of collective wisdom and decentralized decision-making, aiming to ensure every community member’s voice is heard and valued. Their approach hinged on the belief that sustainable Web3 growth can only come from a collaborative, community-focused approach.
The ultimate goal for Scanlon and Manche is to make the Move language more accessible, democratized, and mainstream, challenging societal norms in the technology and finance sectors. By democratizing this tool, they hope to stimulate significant advancements and inspire creative resolutions and unique approaches. The underlying aim is to foster an environment where innovation is limitless, ushering in a new era of tech and financial evolution.
