TechFlow news, according to the official blog, the EOS Network Foundation has announced the launch of EOS Labs, intended to serve as a Web3 incubator and builder for the EOS ecosystem. The EOS Foundation has committed to allocating one-quarter of its operating budget to EOS Labs.
The mission of EOS Labs is to connect Web3 companies with key resources, insights, and infrastructure to enhance their prospects for success and foster a thriving EOS ecosystem.
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As an incubator, EOS Labs will provide developers with funding and infrastructure support.
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As a builder, the EOS Labs team will develop Web3 products and tools, collaborating with partners to cultivate a sustainable ecosystem.
The establishment of EOS Labs marks a significant step toward greater decentralization for the EOS network. The ENF has decided to redirect a portion of its resources to EOS Labs.
