Bitlayer announced that it has launched a limited-time betting activity for the 2024 Paris Olympics in the user center. Users can use Bitlayer points or gems to participate in multiple rounds of Olympic event result betting. The winners will share the corresponding event prize pool in points or gem rewards. The specific time of this activity is from August 2nd to August 11th (UTC+8).The Olympic limited-time betting activity launched this time is divided into two types of event prize pools: points and gems. Users can consume 500 points or 200 gems to participate in a single bet, and can participate in up to 10 times for each event. There is only one winning option, and the winner will share the corresponding points or gem rewards of the event according to the participation ratio. Each competition will be synchronized within 12 hours after the corresponding event results are announced, and the prize pool will be settled. This limited-time betting activity is the initial exploration of Bitlayer's gem and point usage scenarios. In the future, the team will also launch more interactive activities and reward mechanisms to ensure that users have a richer experience in the Bitlayer ecosystem.

Bitlayer, the native layer-2 network of Bitcoin, announced that it will soon launch a two-week Mining Gala event from May 27th to June 10th. Mining Gala is a token airdrop activity initiated by seven project parties, including Bitlayer, Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo, and Bitparty, with a total token reward value of up to $23.24 million, and most projects are expected to have TGE within 1-2 months. In addition, the seven project parties promised to distribute 100% of the airdrop rewards obtained in the Bitlayer Dapp leaderboard competition to users. Users can participate in the main activity through the Bitlayer official website or participate in the activity on the People's Launchpad platform to obtain the exclusive medal SBT, which can be exchanged for Bitlayer ecological rights in the future by participating in any on-chain operations such as adding liquidity, trading, staking, depositing and borrowing assets with the project and Bitlayer's dual airdrop rewards.

It was reported that the first Meme project, bonebone (token name: bonebone), issued on Bitlayer, was listed on gate yesterday at a current price of $0.037, with a 24-hour increase of 1755.3%, which is 32.66 times the increase of the DEX opening. Today, bonebone officially destroyed 10.16 million tokens worth about $270,000. In half a month after its launch, it has accumulated the destruction of tokens worth $2.6 million. The token buyback has now been launched, with the first phase buyback amounting to 3.65 BTC. The repurchased tokens will also be destroyed. bonebone is the winning project of the bitSmiley native stablecoin project's public beta activity, The Trumeme Show.

On May 12th, according to official reports from Bitlayer, PIKA on Bitlayer's Launchpad platform won third place in the Bitcoin DevCon hackathon competition. Bitcoin DevCon was held on May 7th and 8th, 2024 at the Hong Kong Science Park, sponsored by Bitlayer, and over 300+ projects participated in the event. After multiple rounds of selection, PIKA won third place and received a reward of 20,000U from Bitlayer Labs. PIKA is a Bitlayer Launchpad platform and has established a deep partnership with Bitlayer to help build the Bitlayer ecosystem.

OKX Web3 Wallet has now integrated with the bitlayer and zklink networks. Users do not need to manually configure and can switch to the corresponding network with one click to manage the corresponding cryptocurrencies. In addition, users can interact with network ecology DApps and trade ecological NFTs in the discovery section of the OKX Web3 Wallet. OKX Web3 Wallet is a one-stop Web3 entrance that now supports 90+ public chains, unified across app, plugin, and web platforms.

Bitlayer, a Bitcoin Layer 2 public chain developed based on BitVM, announced its $50 million developer airdrop activity. More than 500 project parties have signed up to participate in the activity, covering various types of projects such as infrastructure, DeFi, inscriptions, SocialFi, cross-chain bridges, etc. The activity is building the largest ecosystem for Bitcoin Layer 2. Within 48 hours of the launch of the activity, more than 300,000 users have voted and supported the projects. The activity is still open for registration until April 29th, and the official competition is expected to take place in mid-May. At that time, project parties can share the $50 million token airdrop rewards and grants through the leaderboard and accelerator plan.

Bitlayer, a Bitcoin Layer2 infrastructure project based on the BitVM paradigm, announced the launch of a $50 million ecological incentive plan to promote the development of its mainnet ecosystem. The first phase of the incentive program, named "Ready Player One," will begin registration at 09:00 UTC on March 29th, 2024 and end at 09:00 UTC on April 29th, 2024, and will officially start after the Bitlayer mainnet is launched. Specific rules and reward allocation guidelines for the event will be disclosed in subsequent announcements. Through the "Ready Player One" and other ecological incentive plans, Bitlayer aims to accelerate ecosystem development and incentivize projects to deploy on the Bitlayer mainnet. In addition, Bitlayer promises comprehensive ecosystem support for all projects, including potential foundation and institutional investment, initial liquidity support, comprehensive product development resources, guidance and investment opportunities from top incubators, support from the Bitcoin community and OGs, ecosystem cooperation, and co-creation.