ChainCatcher news, based on BitVM, the Bitcoin L2 Bitlayer announced that its launched $50 million developer airdrop event has attracted over 500 project teams to sign up. The participating projects cover various types including infrastructure, DeFi, inscriptions, SocialFi, cross-chain bridges, and more. Within 48 hours of the event going live, over 300,000 users have voted for the supported projects.The event will continue to accept registrations until April 29, with the official competition expected to take place in mid-May. At that time, project teams can share in the $50 million token airdrop rewards and grants through leaderboard rankings and accelerator programs.