About @BitlayerLabs

1. Founder Charlie is impressive: a veteran in the crypto space, with a strong Web3 background over the past five years. He spent two years as a community builder in the Polkadot ecosystem starting in 2019, and later went to Polygon for ecosystem growth in Greater China and Southeast Asia. I recently researched Polkadot and asked Charlie about his thoughts.

2. Since 2020, he has been fundraising to establish the LucidBlue fund, focusing on primary investments in Web3 projects.

3. #Bitlayerlabs marks Charlie's transition from investor to entrepreneur, actively participating in a Bitcoin layer 2 project, showcasing he is not a rookie in entrepreneurship.

4. Bitlayer completed a $5 million seed round of financing in March 2024, followed by a $11 million Series A round in July 2024, and on October 8, 2024, Bitlayer completed a $9 million A+ round of financing. In total, they raised $25 million.

5. Bitlayer's investment institution landscape already includes Framework Ventures, ABCDE, Franklin Templeton, StarkWare, OKX Ventures, Alliance DAO, UTXO Management, and other investment institutions.

#Bitlayer

$LAYER

{spot}(LAYERUSDT)