Bitlayer Launches Token Sale on CoinList with Big Potential

Bitlayer is launching a token sale on CoinList, signaling a serious move in the crypto space. Unlike typical Layer 2 solutions for Bitcoin, Bitlayer aims to combine Bitcoin's security with DeFi convenience, effectively transforming Bitcoin into a more versatile asset rather than just a savings hold. Their offerings include a secure BitVM bridge with challenge-verification, a Bitcoin rollup for faster transaction confirmation, and a high-performance execution layer for quick smart contract interactions. Backed by $25 million from top-tier funds like Polychain Capital, Franklin Templeton, and Framework Ventures, and partnered with major ecosystems such as Arbitrum, Avalanche, Sui, Monad, Plume, and even Cardano, the project displays strong industry support. Collaborations with large mining pools controlling around 40% of Bitcoin's hash rate further reinforce its significance. The token sale, with the ticker $BTR, is priced at $0.2, aiming to raise $4 million, with a total FDV of $200 million, and all tokens unlocked at TGE. Participation involves a lottery, with an option to increase odds using a promo code. The author views Bitlayer as a promising project with solid technology and partnerships, planning to invest around $10,000, expecting high potential returns. As always, investments are at one's own risk.