Bitlayer is the first major project to implement BitVM technology, functioning similarly to an optimistic roll up network, a popular Layer 2 solution. It supports smart contracts through its Turing-complete BitVM engine, enabling compatibility with multiple virtual machines (VMs) like EVM, SolVM, Cairo VM, and MoveVM Bitlayer will offer $BTR tokens at a fixed price of $0.15–$0.20 during its upcoming Coin List Token Sale, targeting up to $4 million in funding
