Avalanche cryptocurrency is a platform developed by Ava Labs, which allows anyone to create their own multifunctional blockchains and decentralized applications (dApps). The system is designed to eliminate some of the limitations of older platforms, including low transaction speed, centralization and scalability. To do this, the project uses its own innovations. First of all, they include the unique Avalanche consensus protocol, which shows low latency, high throughput and resistance to attacks.

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Avalanche’s Blizzard Fund announces its strategic investment as part of Movement Labs pre-seed funding. This raise will enable Movement Labs to grow the adoption and development of Move.

1️⃣ Move is a smart contract development language with embedded safeguards protecting against attack vectors like reentrancy.

2️⃣ Powered by the Movement SDK, Movement is launching M1 on Avalanche to address the cold-start problem faced by non-EVM protocols.

3️⃣ M1 is built on the Avalanche Subnet technology stack, which empower pioneers like Movement Labs to develop custom blockchains that scale infinitely.

Learn more here: 
https://www.avax.network/blog/movement-labs-raises-pre-seed-round

Avalanche's Blizzard Fund announces its strategic investment as part of Movement Labs pre-seed funding.