Bitcoin Layer 2 project, LayerBTC, unveils Initial Coin Offering (ICO) for its native token, $LBTC, to bolster the development of a novel layer for applications and Decentralized Finance (DeFi) in the Bitcoin network.

Bitcoin Layer 2 project, LayerBTC, unveils Initial Coin Offering (ICO) for its native token, $LBTC, to bolster the development of a novel layer for applications and Decentralized Finance (DeFi) in the Bitcoin network.

In an exciting development, LayerBTC, a groundbreaking infrastructure layer for Bitcoin-native applications, is currently in the process of establishing itself as a scalable platform for applications, digital assets, and decentralized finance (DeFi). The project aims to expand the utility of Bitcoin beyond its traditional store-of-value role.

The $LBTC token, functioning as a utility asset within the LayerBTC ecosystem, serves multiple purposes, including facilitating access to certain platform services, enabling fee reductions, supporting operational sustainability, fostering collaborative development, and incentivizing stakeholders.

Roadmap Highlights

LayerBTC has laid out an ambitious roadmap, detailing the progression of its core architecture and ecosystem. The roadmap is divided into four phases:

1. Core Development and Early Stages: This phase includes the finalization of LayerBTC's core architecture, a presale of the $LBTC token to fund development and community expansion, and the first external security audit of the core protocol.
2. Testing & SDK Releases: This phase focuses on internal testing of Lightning-based payments and programmable vault policies, the release of SDK v0.9 beta for TypeScript, Kotlin, and Rust, and testing with partner developers on the testnet. The phase concludes with the stable release of SDK v1.0 for production-level integrations.
3. Feature Activation and Ecosystem Growth: This phase includes the activation of user-controlled smart vaults, the launch of a Developer Grant Program, a second protocol audit, the launch of a Liquidity Program, and the beta release of a DAO Launchpad to support community projects.
4. Expansion and Advanced Features: This phase includes the rollout of B2B APIs, research and design of zero-knowledge payment channels, the expansion of staking pools, the mainnet rollout of the DAO Launchpad, the preparation and execution of bridge security audits, and the mainnet deployment of a Cross-Chain Bridge connecting LayerBTC to external ecosystems.

Tokenomics

The total supply of $LBTC is fixed at 12 billion tokens, with 30% allocated for the public sale, 25% for ecosystem growth, and the remaining tokens allocated for staking rewards, liquidity, team members, advisors, and strategic contributors.

LayerBTC offers a unique combination of Bitcoin's security with a flexible economic model and developer-friendly tools, making it an appealing choice for developers, advanced users, and institutional participants.

The presale of the $LBTC token is now underway, with over $340,000 already raised during Round 1. For more updates, visit the official website at https://layerbtc.ai/Aww8PQoA, follow on Twitter at https://x.com/layeronbtc, or join the Telegram community at https://t.me/layeronbtc. For inquiries, contact [email protected].

[1] https://layerbtc.ai/Aww8PQoA [2] https://x.com/layeronbtc [3] https://t.me/layeronbtc [4] [email protected]

1. LayerBTC, designed as a scalable platform for decentralized finance, digital assets, and Bitcoin-native applications, aims to broaden the utility of Bitcoin beyond its traditional store-of-value role.
2. The $LBTC token, functioning as a utility asset within the LayerBTC ecosystem, is instrumental in accessing platform services, reducing fees, fostering collaborative development, incentivizing stakeholders, and supporting operational sustainability.
3. LayerBTC's roadmap consists of four phases, beginning with the finalization of its core architecture, presale of $LBTC for funding development and community expansion, and the first external security audit of the core protocol.
4. The second phase, Testing & SDK Releases, focuses on Lightning-based payments and programmable vault policies, SDK releases for multiple programming languages, and testing with partner developers on the testnet.
5. Feature Activation and Ecosystem Growth is the third phase, including the launch of user-controlled smart vaults, a Developer Grant Program, a second protocol audit, a Liquidity Program, and a DAO Launchpad for community projects.
6. The Expansion and Advanced Features phase includes the rollout of B2B APIs, research into zero-knowledge payment channels, staking pool expansion, and the mainnet deployment of a Cross-Chain Bridge connecting LayerBTC to external ecosystems.
7. The total supply of $LBTC is fixed at 12 billion tokens, with allocations for the public sale, ecosystem growth, staking rewards, liquidity, team members, advisors, and strategic contributors.
8. For more information, visit the official website, follow on Twitter, join the Telegram community, or contact LayerBTC through their email address, provided as links and contact details within the text.

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