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The highly anticipated Bitlayer project is about to welcome its TGE (token generation event). As a heavyweight project that has raised $26 million, Bitlayer has chosen to conduct its TGE during a bullish market, which is expected to attract widespread attention.
Let's dive into the economic model and price structure of the $BTR Token:
The total supply of BTR Token is 1 billion coins, with an initial circulation of 235 million coins after the token generation event (TGE). Among them, 90 million coins will be used for various airdrop activities and pre-sales.
From a pricing perspective, the cost of opening the treasure chest on the official website is $0.3 per BTR. Previously, the public fundraising price on the CoinList platform was $0.2 per BTR (this round has ended). Meanwhile, the Pre-TGE pricing on the Binance platform was $0.02 per BTR.
This price gradient setting demonstrates the project's confidence in the value of the token, while also providing early participants with potential appreciation space. However, investors still need to carefully assess risks and make decisions only after fully understanding the project's background and market dynamics.
Bitlayer, as an emerging force in the Web3 space, is undoubtedly set to become one of the focal points in the recent cryptocurrency market with its token generation event. As the project unfolds further, we will continue to follow its development trends and potential impact on the entire industry.