EVM is compatible with Layer 1 network Cronos Labs, a development company of Cronos, announced that it has reached a cooperation with Seoul City, South Korea, aiming to enhance the competitiveness of South Korea's Web3 industry, create opportunities for the development of global talents in the blockchain field, and is committed to supporting the development of local blockchains An ecosystem and talent pool, Cronos Labs will help native builders create user-friendly applications on the Cronos chain and drive mainstream adoption of Web3.