August 27, #币安Alpha上新 8 Alpha New Project Overview of Bitlayer (BTR)
1️⃣ Project Background: Bitlayer is the first Layer 2 solution on Bitcoin based on BitVM, aimed at enhancing the programmability and scalability of Bitcoin by combining Bitcoin's native security with high-performance Rollup technology, and promoting the development of the Bitcoin DeFi ecosystem. Bitlayer was founded by a team from Huobi, Polygon, and Polkadot, possessing rich blockchain development experience.
2️⃣ Launch Date: August 27, 2025, with spot trading starting at 18:00 (GMT+8), and the subscription activity (Pre-TGE) completed from August 13, 16:00 to 18:00 (UTC).
3️⃣ Total Token Supply: 1 billion BTR, initial circulation of 261.6 million (26.16%) IDO Pricing: Pre-TGE price is $0.02, CoinList public sale price is $0.20.
4️⃣ Financing Situation: Bitlayer has completed $25 million in financing, with investors including well-known institutions such as Polychain Capital, Framework Ventures, OKX Ventures, GSR, etc.
5️⃣ Trading Platforms: Binance Alpha is the launch platform, with Binance contracts starting at 18:30, and Bitget, KuCoin, Gate, LBank, etc., launching at 19:00.
🆚 Summary: A domestic project, will it be a top-tier or a doomed tier? We will see at 6 PM today. My expectations are not high; if it can stabilize at 0.2, I will thank the project team.