LayerAI is a blockchain network that focuses on AI models and web3 services. Learn more about how it works here.

The soaring interest in artificial intelligence (

) technology has led to some intriguing developments in the crypto community. One of the latest projects looking to profit off of AI models is LayerAI, whose system hopes to explore some of the many applications of AI. In addition to offering data monetization options to users, LayerAI also plans to offer a broad range of other private 

) services. What is Layer AI's mission, and how does its ecosystem run? Explore this guide to find out the answers to these questions and more.

 is a blockchain network that focuses on AI models and 

 services. The ecosystem contains multiple components, including a scaling system, a VPN, a DEX, an NFT marketplace and a data monetization app.

, which was run by Jamila Jelani. Little is known about this initial founder of the system, who is no longer a part of the LayerAI team. LayerAI's official founder is 

, a full-stack developer who has worked on various crypto projects since 2021. He’s joined by other developers and marketers who have an interest in 

. Inspired by the growing fascination with AI, they decided to create a global data marketplace powered by AI and crypto technology.

 is to create a system for supporting the data economy. The LayerAI team believes that data is an emerging asset class that's being overlooked. There’s vast data collected during everyday electronic usage, and companies are extremely interested in purchasing behavioral data to assist with their marketing and product development. LayerAI aims to create robust cloud computing services that can handle the vast data collected, and reward users for contributing data to the LayerAI economy app.

In addition to promoting the data economy, LayerAI is also interested in a variety of other tools that can incorporate AI models. Its team hopes that their excellent data compression techniques can also prove valuable for other types of in-demand crypto applications. To achieve this goal, they've created a LayerAI ecosystem that explores many different services, such as private ZK-rollup technology and VPNs.

 Ethereum blockchain. This means that it has a network that runs parallel to Ethereum. LayerAI uses Ethereum's processing powers to provide a secure, reliable framework for its robust cloud computing services, but LayerAI also has its own software and protocols that process data in new and unique ways. Its Layer 2 technology allows LayerAI to do some unique things, such as set up a system for publishing data on-chain and use 

 to provide excellent data compression techniques.

 (CDK). This modular software toolkit provides a helpful way to manage the company's back-end infrastructure and data capsules. It ensures all of LayerAI's designs have 

 compatibility, but the CDK also offers them the flexibility to set their own gas fees and maintain self-sovereignty. 

LayerAI's global data market involves a broad range of features that take advantage of their compressed transaction data. The following are the main ways that data miners can interact with the LayerAI ecosystem and turn behavioral data into a valuable asset.

 program consists of a VPN with rewards for users. People browse the internet through 

, which collects and packages their information into data capsules. LayerAI then monetizes this data and passes on rewards to each user who provides the network with a valuable asset in the form of their collected data. The advanced data assets system weights rewards based on a user's level of participation.

) can store activity data. Users retain control over their data, and can choose to sell it to whichever companies within the LayerAI system that they prefer.

 allows users to collect the Data Capsule NFTs they need in order to earn a more substantial digital asset reward. It also helps to validate and secure the LayerAI network.

LayerAI hopes to create a global data marketplace where data is treated as an emerging asset class. People who use LayerAI services, such as their zero-knowledge proofs and compressed transaction data, can then choose to monetize this data on the marketplace. 

Since launching its network, LayerAI has shifted its focus to its ecosystem. There aren't any plans to upgrade the underlying LayerAI system or update the data economy app in the near future. Instead, the platform is looking for more products to add to its network. 

In terms of future plans, LayerAI seems to be pivoting away from its focus on the global data market and instead embracing other industry trends. According to LayerAI’s road map, its next goal is to tackle 

. The hope is to eventually design an animation studio and use AI models to create 2D and 3D games built on the blockchain. 

The LayerAI ecosystem uses several different types of tokens to handle all of their advanced data assets. 

LAI is a multi-value gas token. People can use it to pay for fees, and can also stake it to help validate the network. The LAI token also provides liquidity for the network so that data miners can process things more efficiently.

The DATUM token is a reward token for people with Data Capsule NFTs. People who contribute data by using LayerVPN and have “equipped” Data Capsule NFTs earn DATUM, which they can exchange for other valuable tokens. The DATUM token is primarily earned through LayerAI's data economy app.

. LayerAI is distributing these tokens according to the following plan:

LAI has seen a lot of price movement since it was released as "GPT" in 2023, going as high as $0.14 and as low as $0.006. In March 2024, LAI had a particularly notable jump in price after news of the network’s rebranding from CryptoGPT to LayerAI, which may have led to many users’ bullish outlook on LAI. Pricing data analysis from CoinCodex 

 may lead to further price leaps for LAI, which may even reach $0.13, close to its ATH, by the end of 2025 and $0.17 by 2029.

DigitalCoinPrice is as positive as CoinCodex, with 

 LAI price will reach $0.07 by the end of 2025 and $0.16 by 2029.

Looking to trade LayerAI tokens? Bybit now offers the 

. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the LAI/USDT Spot trading page. Since its rebranding, LayerAI has been working to get its LAI token listed on major exchanges. One of the easiest ways to purchase it is through Bybit.

LayerAI is emerging as an intriguing project, particularly due to its focus on AI and web3 gaming — a combination that’s gaining a lot of attention in the tech world. While the token shows potential and is experiencing some upward trends, it's important to recognize that its ecosystem's performance can be variable. 

Investing in LayerAI could offer significant returns, but it comes with inherent risks. The value of the LAI token isn’t yet stable, and could be subject to substantial fluctuation. Interested investors should approach LayerAI with cautious optimism, and are strongly advised to conduct 

 and consider market conditions meticulously before making any investment decisions.

While LayerAI has yet to prove it can offer substantial digital asset services, its idea of publishing data on-chain and compensating users for their behavioral data with the LayerAI economy app has captured the attention of many investors. In addition, the impressive growth of LAI has helped make it a token worth watching.

Intermediate

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LayerAI (LAI): Data Monetization With ZK-Rollup Technology

The ETHBTC (ether-bitcoin) ratio has hit its lowest point since April 2021, reflecting a nearly 16% decline this year.

The SPX index is down 0.21%, recent economic indicators presented a mixed picture, showing a decrease in jobless claims, unexpected changes in import and export prices, underwhelming housing data, and stagnant industrial production. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.39% and 2.82%, respectively in the past 24 hours.

Today’s outperformer is LINK, which jumped 13.7% after DTCC Partners with Chainlink and Major Banks to Tokenize Mutual Fund Data.

Chainlink (LINK), launched on June 2017, is a cryptocurrency platform that connects smart contracts on blockchain with external data and services. It offers hybrid smart contracts and cross-chain interoperability. The Depository Trust and Clearing Corporation (DTCC) has collaborated with Chainlink and several major U.S. banks on a successful pilot, Smart NAV, to tokenize mutual fund data. This initiative, leveraging Chainlink's blockchain capabilities, contributed to a significant rise in Chainlink's cryptocurrency, LINK, which surpassed $14. The 

 showcased the potential for real-time, automated blockchain-based data dissemination, reducing complexities and enhancing data management across financial platforms. Despite a positive response and a boost in trading volume, LINK still faces challenges in fully recovering from previous market losses.

Check Out the Latest Prices, Charts, and Data of 

 has hit its lowest point since April 2021, reflecting a nearly 16% decline this year. This drop is attributed to various factors, including uncertainties around the approval of a spot ETH ETF in the U.S., competition from other blockchain networks like Solana, and a shift in investor preference towards bitcoin. Data shows substantial outflows from ether-based exchange-traded products, while bitcoin products have seen significant inflows. The rising market share of Solana in decentralized exchange volumes further challenges Ethereum's dominance. Regulatory uncertainties and negative sentiment towards ether, amplified by competitors and market dynamics, also contribute to its current underperformance. Additionally, ether has become inflationary, which reverses its previous deflationary trend and adds to the bearish outlook.

Bitcoin (BTC) dropped 1.47% on Thursday amid hawkish Federal Reserve commentary, reducing hopes for a September rate cut. Despite the downturn, U.S. BTC-spot ETFs saw continued inflows, reflecting persistent investor optimism about future Fed actions. Hawkish remarks from FOMC members indicated a potential sustained high-rate path, affecting market sentiment even as the Nasdaq fell. This mixed financial landscape suggests a cautious outlook for BTC, with investors closely watching further Fed communications and economic data.

The Ethereum layer-2 network, Blast, has announced a postponed 

 date for its BLAST token, now set for June 26, later than initially planned. To compensate for the delay, Blast will increase the airdrop allocation. The network plans to conduct two additional distributions of Blast Gold points, which are awarded to developers of decentralized apps on the platform and can be passed on to their users. The BLAST token airdrop will allocate half of its tokens to these developers and the other half to early users who bridged funds to the network before its mainnet launch in February. The network, known for its user incentives, has successfully leveraged such strategies to boost engagement and value, similar to its precursor, the NFT marketplace Blur.

Beginner

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Ether-Bitcoin Ratio Hits Three-Year Low Amid ETF Uncertainties and Rising Competition from Solana

Uncover how StrikeX (STRX) is revolutionizing finance with its innovative tokenization platform, web3 wallet, and DEX, empowering global market access and liquidity.

 (RWAs) is one of the emerging narratives in the 

 space. Not only will tokenization make the RWA global markets globally accessible, but it will also bring liquidity to a market with traditionally illiquid assets.

As such, blockchain project StrikeX is creating an innovative trading platform to facilitate trading RWA assets, including stocks, commodities and real estate. It also features a 

) that lets you immerse yourself in the world of web3.

Let’s examine StrikeX and its efforts to impact the global financial landscape through the tokenization of assets using 

StrikeX is a blockchain-powered ecosystem that combines 

 solutions to harness the power of tokenization needed to drive the next generation of financial markets. 

The project aims to provide crypto enthusiasts with all the tools they need to succeed in the crypto market.

Founded in 2021 by Joe Jowett and Kishan Vadgama, StrikeX has recently revamped its road map to encompass its growing vision for the web3 space. Upon launch, StrikeX released its wallet, which lets you earn money for using it. It also introduced a DeFi exchange, a trading platform known as TradeStrike, a 

 blockchain network and a stock token bridge to power the tokenization of assets.

, which now owns a 33% stake in StrikeX Technologies. The strategic partnership will facilitate the tokenization and self-custody of assets through automated 

, while CMC Markets will provide the project's foundation of a traditional regulated firm.

The StrikeX ecosystem is powered by its native token, STRX.

As a hybrid blockchain ecosystem, StrikeX consists of the following key features.

As StrikeX’s flagship trading platform, TradeStrike combines the features of the global stock market with those of a centralized crypto exchange. It acts as a hub for trading digital assets, including stocks, commodities, real estate, crypto tokens and non-fungible tokens (

Built to embrace tokenization technology, TradeStrike is designed to offer investors a wide range of assets. Initially, the platform will facilitate trading crypto products and public stocks, but will diversify to add more products to its portfolio.

Since TradeStrike is powered by blockchain technology, it’s secure, fast, transparent, liquid, decentralized, unlimited by geographical boundaries and enables fractional ownership of assets.

StrikeX Wallet is a simple-to-use, secure and slick DeFi wallet designed to facilitate quick and efficient crypto transactions. The wallet enables you to buy and sell crypto, make fiat-to-crypto deposits and withdraw crypto-to-fiat to your bank. You can also make cross-chain swaps within the wallet and even track the cryptocurrency market.

StrikeX upgraded its wallet to V2 to integrate more protocols, such as 

, and includes a marketplace for NFTs and decentralized apps (

 rewards simply for using your StrikeX Wallet. The weekly airdrops will be based on a community vote. All you need to do in order to qualify is carry out swaps using your wallet.

 DEX. It allows you to carry out DeFi transactions such as swaps and trades. TradeX ensures smooth trading with features like advanced charting, unlimited comprehensive indicators, detailed time frames and real-time market monitoring.

The powerful and intuitive DEX is designed to make DeFi trading easy and efficient by allowing you to connect your StrikeX Wallet.

StrikeX has been working on its own private 

-compatible Layer 1 blockchain network to help unify its growing ecosystem of web3 products. The blockchain will adopt a proof of authority (

) consensus mechanism for shorter confirmation times, improved security and reduced energy consumption.

As a private blockchain, StrikeX will provide a robust blockchain infrastructure for web3 service providers to access secure and highly scalable services.

 leverages blockchain technology to facilitate the burning and minting of collateralized stock tokens. Once released, the bridge will act as a seamless link between traditional finance (TradFi) and StrikeX’s PoA blockchain.

STRX is the native currency powering the StrikeX ecosystem. As a 

 utility token, STRX is used for various functions on the platform, including:

STRX has a maximum supply of one billion tokens, of which 11.6% have been burned, while the remaining 87.1% are in circulating supply. Furthermore, STRX implements a 3% selling tax on its DeFi tools, used to power the platform’s buy-back and burn initiative, add to the liquidity pool and for marketing purposes.

As of May 16, 2024, the price of STRX was $0.0627, an increase of over 233,000% from its ATL of $0.00002651 on Nov 22, 2021, and an 81.3% drop from its ATH of $0.3322 the same day.

Price prediction platforms are generally bullish on STRX’s price. According to CoinCodex, 

 a high of $0.32 in 2025 before dropping to $0.249 by 2030. Meanwhile, price analysts at DigitalCoinPrice 

That said, these price predictions don’t guarantee the future STRX price. We highly recommend you

 before investing in StrikeX or any other 

Tokenization of real world assets is currently a hot narrative in the crypto and finance worlds. StrikeX's strategic position in this niche will give investors and market participants a convenient way to tokenize assets and make a profit. Furthermore, the platform’s growing suite of products places it in a good position to do well in the highly competitive world of decentralized finance.

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StrikeX (STRX): Reshaping Finance With Tokenization

Imaginary Ones is a web3 ecosystem known for its cute and family-friendly NFTs. Learn more about how it works in this article.

 available in the digital landscape, it can be difficult for projects to stand out. 

 hopes to rise above the competition by offering users additional features, such as casual gaming and digital entertainment. Is this system a complete game-changer for NFT digital assets? 

This guide will give you all the details about the Imaginary Ones world so you can see for yourself whether it's just art — or a fascinating new investment opportunity.

 ecosystem known for its cute and family-friendly NFTs. However, it's not just art and digital collectibles. The Imaginary World ecosystem also includes complex lore, entertaining games and exciting community events.

Imaginary Ones’ startup has a unique backstory behind its NFT digital assets. Its incredible journey started when it was launched in 2022 by animation artist Clement Chia and business director David Lee. Their focus on art and digital entertainment proved to be popular: in 2022, Imaginary Ones made the news with its 

 and partnerships with major designer brands such as Hugo Boss. Since then, Imaginary Ones has pivoted to offer users a variety of other features. Their system is now focusing on providing a broad range of Web 2.0 and web3 services. 

Imaginary Ones aims to provide a comprehensive web3 platform built around a cohesive set of lore. The Imaginary Ones team’s realization that many NFT projects have an initial burst of popularity (and then fail to maintain value once investors get bored) has shown them that in order to stay relevant, they need to offer their users more than just digital collectibles. To achieve this goal, Imaginary Ones has set out to create a gaming ecosystem and digital entertainment platform. They hope that their cute and friendly characters will provide users with immersive experiences that keep them coming back to the Imaginary Ones system.

Imaginary Ones is built on the Ethereum blockchain. Each Imaginary Ones NFT character is a blockchain-based token that ensures its owner has true ownership over the token. The ecosystem also uses blockchain technology to store data about its virtual worlds, provide a secure gaming experience and create tokens with which users can purchase items. 

The Imaginary Ones ecosystem also employs traditional Web 2.0 technology, with a software framework that runs the mobile gaming options and creates an easy-to-use interface for people to interact with the Imaginary World.

Imaginary Ones takes users on an incredible journey through a variety of entertaining systems. Here are the main features it offers.

Imaginary World is a dynamic, open-world setting for a variety of stories. Characters among the 8,888 personas in the Imaginary Ones NFT collection take part in lore, events and games, and the Imaginary World metaverse offers merchandise and intriguing content to explore. 

 is Imaginary World’s second NFT collection. Each NFT is a carefully curated, car-based piece of art that creates a unique digitally animated vehicle.

 is a set of 12 unlockable NFTs. Players participate in Imaginary Quests as part of the storyline, and over time they get to mint Imaginary Artifacts. These special NFTs unlock additional story levels, and provide additional experiences for players to enjoy.

 is thoughtfully designed to be part of the Imaginary Ones ecosystem. In addition to having sole ownership of an exclusive digital canvas, CMTTAT Foundation Piece owners also get special perks within the Imaginary World.

Any owner of an Imaginary Ones NFT can choose to 

 it in the Imaginary Ones world. Staking moves the NFT from your wallet to the website. You then get to participate in reward-sharing schemes and earn profits from your NFT.

 is an exciting program that encourages users to collect multiple NFTs. The site prompts users to obtain an NFT from each category, Having a squad assembled allows users to earn Rainbow Bubbles points that eventually turn into IO tokens.

 hold unknown prizes for users. Crates are distributed as part of the staking program, with users potentially receiving tokens, game assets and NFTs from them.

Imaginary Ones provides a complete gaming landscape for people to explore the Imaginary Ones universe. 

 is a mobile endless runner game. In addition to mobile games like 

, Imaginary Ones also features the Imaginary Carnival, which contains a whole host of interactive mini-games. These immersive experiences allow users to collect Bubble points and earn further exciting rewards.

As part of its upcoming token generation event, Imaginary Ones is scheduling an 

. BUBBLE tokens will be distributed to participating customers to reward them for their input in the Imaginary Ones ecosystem. In order to become eligible for the airdrop, you can refer friends, hold certain NFTs and mention Imaginary Ones on social media, all of which can help you earn points. 

Many of the Imaginary Ones Bubble Points rewards from the system's gaming experience options will also be converted to BUBBLE tokens. To start earning points for the airdrop, all users need to do is visit 

In just a few years, Imaginary Ones has built a complete blockchain ecosystem and attracted considerable attention from investors and crypto enthusiasts. The coming year (2024) is a game-changer for the ecosystem, since it’s mostly going to focus on the launch of the BUBBLE token. Imaginary Ones will be marketing this event with airdrops and incorporating it into their system. Toward the end of 2024, Imaginary Ones will further expand its gaming landscape by completing the public launch of the Imaginary Carnival gaming ecosystem and 

 token that will fuel the Imaginary World ecosystem of digital collectibles and casual gaming. This coin’s total supply is 

, but almost none of these have been minted and released yet. Once Imaginary Ones does release more BUBBLE, they plan on distributing the tokens as follows:

Looking to trade Imaginary Ones tokens? Bybit now offers the BUBBLE/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

 where you can earn a share of the 260,000 USDT prize pool.

, in which the first 8,000 new users who complete the following two steps between May 13, 2024, 10AM UTC and May 27, 2024, 9AM UTC will receive 20 USDT each:

, is being held from May 14, 2024, 10AM UTC through May 27, 2024, 9AM UTC. Simply trade at least 1,000 USDT worth of BUBBLE on Spot during the event period to grab a share of the 70,000 USDT prize pool.

Please note that your ranking will be determined by your trading volume. If you rank higher, you’ll receive more rewards in return. Rewards will be capped at 1,000 USDT per user.

, will be held from May 15, 2024, 10AM UTC through May 22, 2024, 9AM UTC. Join the lucky draw to win USDT airdrops. New users and referees can win from the 30,000 USDT prize pool.

Although BUBBLE might be a new and unproven token, it's worth exploring. In the past, the IImaginary Ones universe of digital experiences has done a great job of attracting buyers. Their NFT collection has performed well, and they draw a lot of 

 to their metaverse. This is likely to translate to some impressive price increases for the BUBBLE token. 

However, crypto investments always have some risks, especially when a new token without a history of stable pricing is involved. Investors need to 

 BUBBLE before buying it, and it's wise to avoid putting more money than you can afford to lose into any single crypto.

Imaginary Ones has managed to take a simple NFT concept and turn it into complex virtual worlds, mobile gaming systems and exciting digital experiences. By using a cute and cohesive concept to explore blockchain technology’s various facets, the project has captured a lot of fans. With the release of its very own cryptocurrency, Imaginary Worlds hopes to take its system to the next level.

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Imaginary Ones (BUBBLE): Making Web3 Fun and Accessible

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Mirror Staking Protocol, formerly called Mirror L2 before a rebrand, is a Bitcoin protocol that works with Layer 2 networks. Learn more in this article.

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, staking is a helpful tool that helps secure the network while letting users earn passive income. However, despite being the most popular blockchain, Bitcoin doesn't feature staking. Mirror Staking Protocol aims to change this by incorporating staking into Bitcoin's design. How does it work, and why is it important? Explore this guide to learn the details of the Mirror Staking Protocol.

 is a Bitcoin protocol that works with Layer 2 networks. Formerly called Mirror L2 before a rebrand, the project allows people to stake Bitcoin in a secure, decentralized and reliable manner, and provides computing power for Layer 2 chains.

 networks run alongside Bitcoin. They use Bitcoin's ledger as their underlying framework, adding extra smart contracts and protocols that implement features not found on the main Bitcoin chain.

What Does Mirror Staking Protocol Aim to Achieve?

Mirror Staking Protocol aims to make Bitcoin more versatile. The main Bitcoin network is currently an excellent way of processing transactions, but it's missing some of the features of modern blockchains. Layer 2 networks hope to address this issue by offering services such as scalability and improved capabilities for smart contracts. However, designing a brand-new Layer 2 from scratch requires formidable technical abilities.

The Mirror Staking Protocol project hopes to step in and make Layer 2 design easier. It provides an essential support framework that Layer 2s can implement in order to add staked assets to their systems. Not only does this provide a helpful decentralized asset custody scheme, but Mirror Staking Protocol also hopes it will help Layer 2s process transactions more efficiently, 

Mirror Staking Protocol functions as a utility layer between the main Bitcoin chain and other Layer 2 networks. It uses a node system as its core mechanism to run its larger system. Mirror’s users individually manage thousands of nodes to provide full decentralization while offering the computing power needed to run the network. 

When Layer 2 projects choose to use Mirror Staking Protocol for its decentralized BTC staking solutions, they get the support of users to stake BTC through the Layer 2 network. The Layer 2 project then exchanges these BTC tokens for 

, and the nodes on Mirror Staking Protocol form a decentralized asset custody scheme in which they manage the Layer 2 project's BTC for them. 

Tokens that have been staked for assets acquire value over time. When users are ready to cash out, the Layer 2 can then trade the mBTC for BTC and distribute rewards to its users.

Layer 2 networks looking to offer more services to their customers can use Mirror Staking Protocol’s many helpful services to perform these tasks.

Overlapping Multi-Signature Groups Scheme

Layer 2s looking for a novel way of handling transaction verifications can employ Mirror Staking Protocol's overlapping multi-signature groups. This method of node management allows multiple nodes in a group to sign a transaction, offering greater security and efficiency for Layer 2 projects. People who choose to use this feature from Mirror Staking Protocol receive access to several perks.

The node election process consists of sets of five nodes. For every transaction, a majority of these nodes have to verify a transaction in order for it to be finalized. This provides extra security, since a single malicious actor can’t hijack the verification process.

In addition, groups of nodes end up forming overlapping groups. If validators from one group aren’t used, they can join together with unused validators from another group. By forming overlapping groups, Mirror Staking Protocol offers users faster and more scalable transactions.

Overlapping multi-signature groups also adjust in size based on transaction amount. Only three nodes are needed to finalize transactions of < 1 BTC, while transactions of > 1 BTC require more nodes. By downsizing node needs for small transactions, Mirror Staking Protocol reduces network needs during times when several small transactions are being processed.

Ultimately, Mirro’s node system provides fantastic security for staking funds. Layer 2s can offer Bitcoin staking to their users with full confidence that their funds are in safe hands.

Even if you aren't running a Layer 2, you can participate in Mirror Staking Protocol by assisting with node election. Node runners are elected by community members. Those who interact with the community and gain trust can win votes in order to manage a node. They then stake funds equal to 1 BTC to operate it. 

These funds act as collateral in case the node provider fails to verify transactions properly. Running a node provides the chance to earn additional income, because node operators earn 

 that let them buy a set amount of MIRR for a strike price of $0.12.

With Mirror Staking Protocol, other projects can participate in Bitcoin staking. Participants choose to temporarily lock their Bitcoin in 

 through the Mirror Staking Protocol ecosystem in order to earn passive income on these funds. When they choose to unlock their tokens and cash out their rewards, they reclaim their original funds along with additional interest earned on the BTC tokens.

 to make community decisions and manage its Bitcoin staking system. A total supply of 500 million tokens are distributed in the following manner:

Node rewards will be distributed over a 12-month period, while investor and team allocations will be unlocked in several rounds over the course of four years. Tokens allocated through the 

 will have a three-month waiting period before unlocking.

Mirror Staking Protocol has been working on the design of its system for a while, and in 2024 it's finally ready to start testing it. In March 2024, the Mirror Staking Protocol testnet went live.The project hopes to 

 after ensuring that the node election process and BTC bridging go smoothly.

Once Mirror Staking Protocol goes live, its main focus will be on bringing its decentralized BTC staking solutions to more networks. It hopes to attract more Layer 2 projects that want to stake Bitcoin by using its services. After building a bigger user base, Mirror Staking Protocol hopes to eventually enable staking of its mBTC token.

Mirror Staking Protocol is currently one of the Bitcoin Layer 2 projects in the 

. Participants can claim a share of a substantial prize pool that exceeds $400,000 in TGE tokens.

Mirror Staking Protocol provides a variety of helpful services for other Bitcoin projects. By enabling Bitcoin staking and node management, Mirror Staking Protocol makes it easier for Layer 2 projects to reward users and encourage earning passive income. The project is still in its early stages but it could have a lot of potential. Its upcoming airdrop and mainnet launch will be excellent opportunities for more users to get involved.

Learn more about the project and how you can claim rewards by checking out the 

. We’re also hosting a Web3 livestream on May 8, 2024, on the Bitcoin economy’s biggest alpha. Stay tuned 

, in which we cover trending Bitcoin Layer 2 projects.

Mirror Staking Protocol: A Secure Bitcoin Staking Solution

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards