Binance and BEVM Launch Joint Airdrop for Bitcoin Layer2 Integration
Binance and BEVM Airdrop Event
Binance Web3 Wallet and BEVM have teamed up to launch a joint airdrop event, marking a significant milestone in Bitcoin Layer2 technology. Users can earn exclusive BEVM tokens by completing tasks through the Binance Web3 Wallet. The airdrop event allocates 10,500,000 BEVM tokens, highlighting the first collaboration between Binance Web3 Wallet and Bitcoin Layer2.
What is BEVM?
BEVM represents a pioneering EVM-compatible Bitcoin Layer2 solution built on Taproot Consensus. It uses BTC as gas, facilitating decentralized cross-chain BTC transactions. The platform aims to broaden Bitcoin's application in a trustless manner. BEVM recently secured $10 million in funding, involving top investors like Rocktree Capital and Arkstream Capital.
BEVM's Development and Milestones
Since its inception in 2017, BEVM has achieved several key milestones. In 2018, it launched the BTC Layer 2 solution, ChainX, and later proposed the BEVM Canary Network in June 2023. Following its $10 million funding announcement in March 2024, BEVM launched its mainnet, attracting over 600,000 user addresses within a week.
BEVM's Technical Edge
BEVM leverages the Taproot Consensus, which integrates Bitcoin's core technologies like Schnorr Signature and MAST Contract. This enhances decentralization and enables efficient cross-chain transactions. BEVM's mainnet, a leading Bitcoin Layer2 solution, showcases the practical implementation of these technologies.
Participating in the Airdrop Campaign
Participants can engage with the airdrop by accessing the Binance Web3 Wallet and completing tasks such as bridging BTC to BEVM, creating positions in the Satoshi Protocol, and daily check-ins. This initiative underscores BEVM's commitment to expanding Bitcoin's utility across decentralized applications.
About BEVM
BEVM fosters innovation in the Bitcoin ecosystem through its EVM-compatible Layer2 solution. It bridges Bitcoin and Ethereum ecosystems, offering seamless DApp operations and enhanced scalability. For further details, visit their official website at bevm.io.
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