Bitcoin Rune Innovation Wave: The Fifth Phase Incubator Sets Sail

In this era full of infinite possibilities, we are pleased to announce that the fifth session of the OnePiece Labs Bitcoin Rune Incubator has officially begun! As an incubator designed specifically for early-stage rune projects, we are committed to unleashing the limitless potential of the Bitcoin ecosystem through the unique advantages of the rune protocol, leading an unprecedented wave of innovation and transformation. With the full support of our co-hosts, we promise to provide participants with an unparalleled resource matrix and professional guidance, fully accelerating the leap from concept to realization, helping them navigate the vast sea of blockchain technology. This incubator is not only a launchpad for projects but also an accelerator for dreams and innovation. We will tailor solutions to address the common infrastructure bottlenecks, knowledge barriers, and fundraising challenges faced by startups, ensuring that every potential project can break through and shine brightly in the blockchain field, collectively writing a glorious chapter for this era.

Unveiling the Unique Charm of This Session's Incubator

This session gathers highly promising startups within the Bitcoin ecosystem, all of which are leveraging the powerful potential of the rune protocol to lead the wave of technological innovation. From simplifying Bitcoin token transactions and alleviating network congestion to providing flexible and efficient solutions, these projects are all contributing to enhancing the functionality of the Bitcoin blockchain. They focus on optimizing processes and improving user experience, destined to play a crucial role in the future development of Bitcoin technology, opening a new chapter.

Overview of Incubator Highlights

Exclusive Support System: Our startups will enjoy a 10-week in-depth support program, during which they will not only receive professional guidance from the OPL mentor network but also integrate into the OPL alumni network, sharing valuable resources and connections to accelerate their growth.

Funding Support and Investment Opportunities: Each selected startup will have the opportunity to receive up to $50,000 in funding to support its early development. Even more exciting, renowned investment institutions such as OnePiece Labs, Franklin Templeton, OKX Ventures, and Merlin Chain Foundation will provide follow-up investment opportunities of up to $2 million, injecting strong momentum into the long-term development of these enterprises.

Corporate Service Support: We understand the urgent need for professional services that startups face during their growth, so we have prepared $50,000 worth of corporate service support, covering services from top tech platforms like AWS, Brex, and Github, helping companies easily tackle technical challenges and focus on the development of their core business.

Showcase of Startup Projects

BitGenie

Led by Nadia Wu and Danchen Huang from the WOO Innovation Center, BitGenie is an innovative asset center and trading platform focused on Bitcoin and emerging assets (such as Ordinals and BRC20 tokens). Since its launch in May 2024, the platform has attracted over 10,000 traders, with a total locked value of $33 million, and successfully attracted over 230,000 users through the Telegram Mini App. With the support of the WOO Innovation Center and Merlin Chain, BitGenie aims to become the preferred platform for secure and efficient Bitcoin trading. Currently, it is focused on filling the gap in trading solutions for the evolving asset classes of Bitcoin.

Cygnus Finance

Founded by Eric Cheung, Cygnus Finance is revolutionizing the yield layer by integrating non-EVM systems with the EVM ecosystem. The platform features a yield-based liquidity verification system aimed at global digital asset acquisition. With over $80 million in TVL and more than 150,000 users, Cygnus is raising $15 million. Supported by OKX Ventures and the Optimism Foundation, Cygnus Finance aims to provide real yields and verification for various digital assets through its innovative ZK Rollup solution.

Espionage Labs

Led by Evan Greenberg and Daniel Dilanian, Espionage Labs is building a launchpad for Runes, aimed at simplifying the creation and marketing processes of Meme coins. Currently in the development phase on the Merlin testnet, this technology is expected to enhance the viral spread of Meme coins by optimizing the Runes process. Espionage Labs is committed to solving the complexities of Runes creation and marketing through advanced tools, providing users with a seamless and easily shareable experience.

Flashboys

Patrick Hale leads Flashboys, which utilizes Bitcoin's Mempool data for real-time trading front-running and arbitrage. The platform democratizes advanced trading strategies and enhances trade protection. With over 50,000 Mempool transactions and collaborations with leading industry participants, Flashboys is currently in a $1.5 million Pre-Seed funding round, with a valuation of $15 million. It aims to provide users with unprecedented access to Bitcoin Mempool through advanced trading tools.

Ordinal Hive

Founded by Alfonso Lua, Ordinal Hive is developing a comprehensive Ordinals trading suite. The platform aggregates key market data, providing real-time analysis and competitive pricing. With 12,000 waitlist users, 14,000 Twitter followers, and 250,000 completed transactions, Ordinal Hive has raised $1.5 million in seed funding, with a post-round valuation of $30 million. The platform aims to provide a unified solution for high-volume Ordinals trading.

Runiverse

Led by Alex Read and Jon Lourie, Runiverse offers a non-custodial Rune staking platform that gamifies annual percentage yield (APY) to incentivize community participation. Users can securely stake assets on the platform while enjoying dynamic rewards. In just 72 hours, the platform attracted over 500 waitlist users, received more than 30 letters of intent (LOI), and established connections with multiple partners within the Runes ecosystem. Runiverse plans to launch its Testnet in Q4 2024, redefining Rune staking on Bitcoin with secure, user-controlled options and gamified rewards.

Shimoto

Founded by Justyn Eddins, Shimoto simplifies the creation, transfer, and exchange of fungible tokens on Bitcoin using the Runes protocol. The platform meets the demand for user-friendly solutions in the Bitcoin token economy and is currently in the seed funding stage. Shimoto aims to drive the adoption and usability of Bitcoin tokens through its intuitive platform.

Vishwa

Vishwa, a team of Silicon Valley entrepreneurs and academic experts from top institutions like Stanford, Berkeley, and Carnegie Mellon, provides a fully liquid PayFi infrastructure on Bitcoin Layer 1. Its technology emphasizes decentralization and user control, achieving breakthroughs in liquidity and security, including self-custody and cross-chain asset exchanges. Vishwa's infrastructure offers instant, secure, and decentralized liquidity, reshaping the way interactions occur within the Bitcoin ecosystem.

Embarking on an Innovative Journey

We are about to embark on a 10-week journey, culminating in the "Demo Day" on November 14, 2024. At this significant moment, startups will gather in online meeting rooms and in-person in Silicon Valley to showcase their entrepreneurial projects to numerous investors.

Key Dates:

- Application Deadline: August 26, 2024

- Project Start: September 2, 2024

- Project Duration: 10 weeks

- Demo Day: November 14, 2024

- Funding Amount: Up to $50,000

- Location: Online meeting room/Silicon Valley

Focusing on the Future, Creating New Chapters Together

This incubator project focuses on the Bitcoin rune protocol, a cutting-edge technology leading the transformation of the Bitcoin ecosystem. We firmly believe that these innovative projects centered around the Bitcoin rune protocol will redefine the future of blockchain technology, bringing unprecedented opportunities and challenges to the world. We sincerely invite all partners who are passionate about blockchain technology and eager for innovation to join us. Let us work hand in hand, bravely moving forward in the wave of the Bitcoin rune protocol, and together write a new chapter in blockchain technology. As the project progresses, we will continuously bring you the latest project updates, success stories, and unique insights from industry experts. Let us look forward to the exciting presentation of this innovative journey!