Bitlayer announces the launch of the first phase of the Ready Player series ecological incentive program worth US$50 million, registration is now open

According to BlockBeats news, on March 29, the Bitcoin L2 project Bitlayer announced the launch of a series of ecological incentive programs Ready Player and officially launched the first phase of the event Ready Player One. This plan is mainly aimed at ecological projects deployed to the Bitlayer main network. Teams that sign up and participate in the construction of the Bitlayer ecosystem will receive generous token rewards based on their ecological contribution. The total value of the first phase of event rewards exceeds 50 million US dollars. The Bitlayer team is committed to providing all-round support to early builders and opening up core ecological resources such as token rewards, liquidity support, first-line institutional investment and community building to event participants and project parties. Registration for this Ready Player One will officially open on March 29, 2024, and will last until April 29. The first phase of the event is planned to be officially launched after the Bitlayer mainnet goes online, and specific participation rules and details will be announced at that time. Committed to becoming the computing layer of Bitcoin, Bitlayer is a Bitcoin security-equivalent Layer 2 based on the BitVM paradigm, providing Bitcoin security equivalence and Turing completeness. On March 27, Bitlayer announced the successful completion of a $5 million seed round led by first-tier investment institutions Framework Ventures and ABCDE Capital.