$1 Million Reward! Bitlayer Developer Program Ignites Web3 Innovation Storm
Bitlayer officially launches the "Ready Player One" developer incentive program, with an initial investment of $5 million in special funds, recruiting teams globally to build Bitcoin Layer 2 applications. The maximum funding for a single project can reach $1 million, covering all tracks including DeFi, GameFi, SocialFi, etc.
The program is implemented in three phases:
1. Idea Incubation Phase: Submit a white paper to receive $10,000 to $50,000 in startup funds for prototype development;
2. Ecosystem Co-building Phase: Projects that pass technical review can apply for $100,000 to $300,000 in development subsidies and access the Bitlayer developer toolkit (including pre-compiled smart contract templates, cross-chain API interfaces);
3. Commercial Landing Phase: Projects that exceed 10,000 users within 6 months after going live can additionally receive $1 million in liquidity incentives.
In terms of technical support, Bitlayer provides a dual virtual machine environment (EVM+Rust), allowing developers to seamlessly migrate Ethereum or Solana applications and call Bitcoin script functions. For example, Vanilla Finance, which has already settled in, has achieved on-chain options trading on the Bitcoin chain through integration with BitVM, with a single transaction gas cost only 1/20th that of Ethereum.
The head of the Bitlayer Foundation stated: "Our goal is to create Bitcoin's 'developer paradise.' Currently, over 200 teams have submitted applications, with 30% coming from the technical departments of traditional financial institutions."
