W-BEN
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Today, let's talk in detail about this potentially limitless Bitcoin Layer 2 dark horseโBTR. Many people may still not understand its details. Simply put, Bitlayer is a Layer 2 solution tailored for BTC, equivalent to installing a "turbocharger" on Bitcoin, allowing it not only to safely store money but also to support smart contracts and DeFi applications. Its functionality is somewhat similar to Ethereum's expansion layer, but it relies on Bitcoin's strong security and finality. Bitlayer uses BitVM technology, enabling developers to build complex DApps on the BTC foundation without altering the core Bitcoin code.
Upgrading from a single "piggy bank" to an all-purpose application platform is really cool! In terms of financing, Bitlayer has already raised $25 million. In July 2024, Franklin Templeton and ABCDE led a $11 million Series A round; in October, Polychain Capital added another $9 million to expand the Series A round. A total of six rounds of financing have been completed, supported by so many top-tier VCs, which shows the market's confidence in it. Regarding the public offering of tokens, BTR will be sold on CoinList from July 31 to August 7, 2025, along with pre-sales and Booster events on Holdstation Launchpad and Binance Wallet.
Binance has invested 30 million BTR (accounting for 3% of total supply) for DeFi rewards, raising $400,000 through BNB before the TGE, with a quota of 20 million BTR. The public offering has just concluded, and BTR is about to go live, with the price yet to be announced. The offering price was 0.2u, and community activity is quite good!
In terms of future gameplay, @BitlayerLabs is laying out DeFi on Bitcoin, such as lending, DEX, and liquidity mining; it also includes NFT markets, games, and cross-chain bridges. Imagine running high-performance DApps in this secure fortress of BTC, which may attract significant institutional funds. The project may even explore AI and RWA (real-world assets) fields, such as tokenizing real estate or artworks, with immense development potential.
Overall, Bitlayer is expected to become a leading project in the Bitcoin Layer 2 space after its launch, making it worth paying attention to! #Bitlayer
Upgrading from a single "piggy bank" to an all-purpose application platform is really cool! In terms of financing, Bitlayer has already raised $25 million. In July 2024, Franklin Templeton and ABCDE led a $11 million Series A round; in October, Polychain Capital added another $9 million to expand the Series A round. A total of six rounds of financing have been completed, supported by so many top-tier VCs, which shows the market's confidence in it. Regarding the public offering of tokens, BTR will be sold on CoinList from July 31 to August 7, 2025, along with pre-sales and Booster events on Holdstation Launchpad and Binance Wallet.
Binance has invested 30 million BTR (accounting for 3% of total supply) for DeFi rewards, raising $400,000 through BNB before the TGE, with a quota of 20 million BTR. The public offering has just concluded, and BTR is about to go live, with the price yet to be announced. The offering price was 0.2u, and community activity is quite good!
In terms of future gameplay, @BitlayerLabs is laying out DeFi on Bitcoin, such as lending, DEX, and liquidity mining; it also includes NFT markets, games, and cross-chain bridges. Imagine running high-performance DApps in this secure fortress of BTC, which may attract significant institutional funds. The project may even explore AI and RWA (real-world assets) fields, such as tokenizing real estate or artworks, with immense development potential.
Overall, Bitlayer is expected to become a leading project in the Bitcoin Layer 2 space after its launch, making it worth paying attention to! #Bitlayer
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