Bitlayer

BitVM-based, a Bitcoin L2

Basics

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

Audits & Exploits

• Bug bounty program can be found [insert here].

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:

Roadmap

• Can be found [Insert link here].

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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