Let me introduce the upcoming TGE tomorrow and the recent Bitlayer project on Binance Alpha. I believe many people still don't quite understand what the TGE project is about, so today I will introduce you to the potential dark horse of Bitcoin Layer 2, (BTR) @BitlayerLabs . This thing is a Layer 2 solution for Bitcoin, simply put, it's like giving BTC a 'turbo boost' to enable it to run smart contracts and DeFi, similar to Ethereum's scaling layer, but relying on Bitcoin's robust security and finality. Bitlayer uses BitVM technology to achieve this, allowing developers to build complex DApps on BTC without altering the core Bitcoin code. It transforms from a simple piggy bank into an all-purpose application platform—super cool! On the fundraising front, Bitlayer has already raised $25 million. In July 2024, Franklin Templeton and ABCDE led a $11 million Series A round, and in October, Polychain Capital followed up with an additional $9 million to expand Series A. In total, there have been 6 rounds of financing, and the backing of these major VC players indicates that the project is reliable and the market outlook is positive. As for public offerings, the BTR token will be sold on CoinList from July 31 to August 7, 2025, along with pre-sales on Holdstation Launchpad and Binance Wallet. Binance has allocated 30 million BTR (3% of total supply) for DeFi rewards, raising $400,000 with BNB for pre-TGE, with a quota of 20 million BTR. The public offering has just ended, and BTR is expected to go live soon. The price hasn't been set yet; by the way, I remember that at the time I checked their public offering, it seemed to be around $0.2💰, and the community engagement is quite good! About future gameplay: DeFi on Bitcoin, like lending, DEX, liquidity mining; there will also be NFT markets, games, and cross-chain bridges. Just imagine running high-performance DApps within Bitcoin's fortress of security; it will attract a massive wave of institutional money into the market. The project may also explore AI and RWA, such as tokenizing real estate or artwork, with limitless boundaries. This project is quite promising, and after launch, it is highly likely to become the leader in Bitcoin Layer 2 #Bitlayar .
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