Difference between revisions of "Bitlayer"

Latest revision as of 09:50, 15 October 2024

BitVM-based, a Bitcoin L2

Basics

Based in:
Started in / Announced on:
Testnet release:
Mainnet release:

History

Audits & Exploits

Bug bounty program can be found [insert here].

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed [insert here].
Consensus mechanism:
Algorithm:
Virtual Machine:
Development language used:

Transaction Details

Capacity (TPS):
Latency:

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

Can be found [Insert link here].

Revenue

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Full team can be found [here].
Bitlayer Labs
Charlie Hu; co-founder

Funding

Raised $11M in a Series A round led by Franklin Templeton and ABCDE. Key investors in this round also include Stake Capital Group, WAGMI Ventures, GSR Ventures, and Flow Traders. Extended the Series A with another $9M (9-10-2024) by Polychain Capital, Franklin Templeton, SCB Limited, Selini, G20 Group
Raised $5M in Seed Funding (3-4-2024). Led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic, Gate Labs, GCR, Kronos Ventures, Comma Venture, DuckDAO, Dutch Crypto Investors and more, plus angels like Dan Held, Ryan Selkis, Loi Luu, MrBlock, Sky Mavis CEO & CTO, Tobias, Thanh Le.

And announced its $50M 'Ready Player One' Program.

Partners

Ecosystem partners including (3-4-2024) Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, Meson, Nubit, BitSmiley, TokenPocket, Xverse, Flash Protocol, Umoja.xyz, RunesTerminal, and more.

(:

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@@ Line 60: / Line 60: @@
 ===Funding===
-* Raised [https://news.bitcoin.com/bitlayer-secures-11m-in-series-a-funding-led-by-franklin-templeton-and-abcde/ $11M in a Series A] round led by [[Franklin Templeton]] and ABCDE. Key investors in this round also include Stake Capital Group, [[WAGMI Ventures]], GSR Ventures, and [[Flow Traders]].
+* Raised [https://news.bitcoin.com/bitlayer-secures-11m-in-series-a-funding-led-by-franklin-templeton-and-abcde/ $11M in a Series A] round led by [[Franklin Templeton]] and ABCDE. Key investors in this round also include Stake Capital Group, [[WAGMI Ventures]], GSR Ventures, and [[Flow Traders]]. [https://x.com/BitlayerLabs/status/1843704167761920165 Extended] the Series A with another $9M (9-10-2024) by [[Polychain Capital]], Franklin Templeton, SCB Limited, Selini, G20 Group
 * [https://twitter.com/ChainwirePR/status/1775391110522696114 Raised] $5M in [[Seed]] Funding (3-4-2024). Led by [[Framework Ventures]] and ABCDE Capital, participation by [[StarkWare (StarkNet - STRK)|StarkWare]], [[OKX (OKB & OKT)|OKX]] Ventures, [[Alliance DAO]], [[UTXO]] Management, Asymmetric Capital, [[Kenetic Capital|Kenetic]], Gate Labs, [[GCR]], Kronos Ventures, Comma Venture, [[DuckDAO (DUCK)|DuckDAO]], Dutch Crypto Investors and more, plus angels like Dan Held, [[Ryan Selkis]], [[Loi Luu]], [[MrBlock]], [[Sky Mavis]] CEO & CTO, [[Blockchain Founders Fund (BFF)|Tobias]], [[Thanh Le]].