Movement Labs and Colony Lab Launch Movement Rally with $200K MOVE Token Incentives
Movement Labs and Colony Lab Launch Movement Rally with $200K MOVE Token Incentives
🚀 Secret Projects Finally Revealed
Colony Lab partners with Movement Labs to launch Movement Rally, a new fundraising initiative for Movement ecosystem projects. Key highlights:
- Projects can raise seed rounds starting at $200K with no upper cap
- $200K in MOVE tokens will be distributed as incentives to investors backing multiple projects
- First wave of ecosystem projects to be revealed today
- Program aims to connect builders with Colony's DeFi community
Interested participants must complete KYC on Colony's platform. The initiative builds on Colony's position as an early Movement Labs investor and demonstrates their commitment to ecosystem growth.
Suzaku Network Raises $90,000 in Public Sale on Colony
Suzaku Network has successfully completed a $90,000 public sale through Colony Labs, marking a significant milestone for the Avalanche ecosystem project. Key features of Suzaku: - Decentralization hub for Avalanche L1s - Flexible security models from PoA to PoS - Liquid staking capabilities - Integration with AVAX LSTs & BTC.b The project aims to support emerging L1 ecosystems on Avalanche, with Token Generation Event (TGE) approaching. A recent Messari report provides additional analysis of the project's potential impact.
Final Deadline: Suzaku Network USDC Commitment Required to Avoid Penalties
**Critical Deadline**: August 4th, 5:00 PM UTC for Suzaku Network Public Sale commitments. - Users must commit maximum USDC reserved allocation - 5% penalty applies to ANTs/CLY stakes if deadline missed - Project has gathered $100,000+ in registered interest - 100% TGE (Token Generation Event) confirmed Users can still: - Commit ANT tokens to increase allocation (if no prior USDC commitment) - Review project criteria and community due diligence score at [Colony Lab](http://app.colonylab.io/early-stage/analysis) *Warning: Failure to commit USDC will result in partial loss of staked $CLY*
Colony Lab Announces Suzaku Network Sale
Colony Lab has announced its next project sale featuring Suzaku Network, a decentralization hub for Layer 1 blockchains. The project focuses on accelerating success for Avalanche L1s. Key Points: - Sale date confirmed for June 2nd, 2025 - Project aims to enhance L1 blockchain decentralization - Specifically targets Avalanche ecosystem development - Team noted for focus and commitment This follows significant community anticipation, with $CLY token holders expressing interest in new early-stage project opportunities on the platform.
Colony Lab Announces Refund Claims and New AVAX Project Sale
Colony Lab has opened refund claims for eligible participants through their app [app.colonylab.io/early-stage/refunds](http://app.colonylab.io/early-stage/refunds). Key points: - Only addresses that participated in previous sales with claimable USDC can view the refund page - Users should claim funds if planning to participate in upcoming sale - New sale announced for established AVAX-based project focused on L1s - Sale scheduled for this week *Important*: Refund visibility is limited to qualifying addresses only. Check notifications for updates.
Colony Community Vote on Movement Rally Project Refunds
Colony is holding a community vote regarding refunds for 3 unlaunched Movement Rally projects. The decision comes after Movement Labs failed to deliver the promised Avalanche bridge post-mainnet. - Voting power is weighted based on USDC contributions - Voting deadline: May 24, 2025, 8:00 AM UTC - Vote at [Snapshot](http://snapshot.box/#/s:colonyavax.eth/proposal/0x913b7ba77361357a9dc5ae307029d833b47f1960217279a68e92718d52866109) *Key Issue:* Movement Labs has not built the agreed-upon bridge between Movement and Avalanche since mainnet launch.