According to online reports, Arbitrum development team Offchain Labs announced the launch of the on-chain innovation project "Onchain Labs", which aims to support projects committed to fair and equitable start-up, and the projects it holds will be experimental and unstable. In addition, Offchain Labs reminds community participants to conduct their own research (DYOR) before purchasing or interacting with any tokens associated with the Onchain Labs project, and its role will be strictly focused on product and launch recommendations. Offchain Labs also revealed that the first Onchain Labs project will be available soon.