Online reports that Movement announced the official launch of its public mainnet beta, marking an important step towards the deployment of the Movement virtual machine (MoveVM) developed by Facebook to Ethereum. The main network has raised more than $233 million in BTC, ETH and MOVE token liquidity through the Movement's Cornucopia initiative, and will support smart contract deployments, allowing developers to build and use applications on the network for the first time. The Move language was originally developed by Facebook and was used on Layer 1 networks such as Sui and Aptos. This time, Movement Labs expanded it to Ethereum Layer 2, providing a new scalability and security solution for smart contract development.