Heavyweight must grab! BTC L2 project BEVM announces mainnet launch and starts Genesis Box Free Mint plan

Recently, the BTC Layer2 project BEVM, which has just completed a $10 million financing, announced the official launch of its mainnet today. At the same time, it has initiated the Genesis Box Free Mint program.

Since August 2023, when BEVM launched its pilot network, I have been following this project for 8 months. At that time, more people were still discussing inscriptions and participating in them, but the BEVM team had already proposed that BTC Layer2 is the biggest track in the Bitcoin ecosystem, and now everything has come to fruition.

Why does the BEVM team have such advanced insights? The core reason lies in their team's 7 years of practical experience in the Bitcoin ecosystem.

The BEVM team was established in 2017, and in 2018, they launched the BTC L2 solution ChainX, achieving over 100,000 BTC cross-chain transactions and over 500,000 BTC Hash Lock;

In 2021, based on the Bitcoin Taproot upgrade, the BEVM team integrated three major Bitcoin native technologies: Schnorr Signature, MAST Contract, and Bitcoin Light Node Network, to build the Taproot Consensus Bitcoin Layer 2 solution, which can achieve a fully decentralized BTC L2, thus enabling BTC to be introduced into a wider range of application scenarios in a trustless manner.

In August 2023, the team officially proposed the launch of the BEVM pilot network, achieving 6 million transactions, over 100,000 on-chain users, and more than 30 ecosystem projects.

On March 25, 2024, BEVM announced the completion of its $10 million financing, with a post-investment valuation of up to $200 million, involving over 20 investment institutions, mainly from Europe and the United States.

Among them, RockTree Capital is a well-known American crypto investment institution. Its founder is Omer Ozden, who is also an international partner at ZhenFund. Moreover, Omer Ozden has served as a legal advisor for Facebook (now Meta) and was a member of a congressional group, holding significant influence in the financial circles of China and the United States. RockTree Capital has previously invested in dozens of well-known crypto projects, including Chainlink, Tron, dYdX, Fantom, and Casper, demonstrating strong capabilities in investment and deep incubation.

In addition to RockTree Capital, BEVM's investment institutions also include MH Ventures, which has invested in well-known projects like Celestia, Sei Network, and Linera; as well as Mapleblock, which has invested in notable projects like Polyhedra, DAO Maker, Kraken, and Huobi; and Arkstream Capital, which has invested in well-known projects like AAVE, Flow, Manta, and Particle, among several other prominent European and American institutions.

In the Chinese-speaking region, the most active institutions investing in the Bitcoin ecosystem include Waterdrip Capital and Satoshi Labs, along with the global TOP3 Bitcoin mining pool Viabtc Capital participating. The investment lineup is indeed very pragmatic and luxurious. It is said that there are even bigger surprises to come, which we look forward to.

After 7 years of accumulation and 8 months of practical verification of the pilot network, BEVM officially launched its mainnet on March 28, 2024, which is truly exciting.

Along with the launch of the mainnet, BEVM released the Genesis Box, which is available for free minting from March 28, 2024, until April 4, 00:00, for a duration of 7 days, with each address limited to 1 BOX, 100% Free Mint. I believe this Box is definitely worth minting, and I don't think I need to elaborate on the specific reasons.

Here are the specific steps for the Genesis Box Genesis Cooperation Free Mint:

1. Enter the official event page: campaign.bevm.io

2. Connect your wallet and change the wallet network to BEVM mainnet

BEVM mainnet information:

Name: bevm-main

ID: bevm-main

Chainid: 11501

RPC: https://rpc-mainnet-1.bevm.io

In general, the system will automatically add the BEVM mainnet network for you. If it does not add automatically, please add it manually using the information above.

3. Deposit BTC as gas fee

Although the Genesis Box is free mint, interactions require gas fees. The gas for BEVM's mainnet is BTC, so you need to first deposit BTC into your BEVM wallet via cross-chain.

BEVM officially provides two ways to cross-chain BTC to BEVM:

Official BEVM cross-chain bridge: https://bevm.io/bridge-mainnet；

And the third-party cross-chain bridge OmniBTC: https://app.omnibtc.finance/swap；

The official bridge may be more expensive, while OmniBTC is much cheaper. Additionally, the official bridge requires about 30 minutes for the funds to arrive, while OmniBTC is much faster.

4. Click Mint

Everything is ready, and once the deposited BTC arrives, you can click mint!

The gas fee is very low, about $0.5. Once the payment is completed, you will see your Genesis Box in the BEVM explorer.

The official limit is one mint per address. So if you want to mint more, you will need to operate through multiple accounts. This is something that doesn't need further explanation; those who understand will understand!

As a BTC Layer2 project with both technical strength and institutional backing, and a team with 7 years of practical experience in the Bitcoin ecosystem, BEVM is highly anticipated. The launch of the BEVM mainnet will undoubtedly be accompanied by a series of ecological incentive activities, and holding this Genesis Box should be the first step. We will continue to keep an eye on it!