B² Network Early Adopter Incentive Program Allocating 5% of Total Supply to Empower Partner and User

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7 Mar 2024
30

As user participation in the Buzz Campaign and Haven testnet Campaign soars and reaches one milestone after another, B² Network continues its journey to build the most practical Bitcoin Layer2 and ecosystem.
In December 2023, B² Network launched a $1 Million Grant Program and announced the first cohort of ecosystem projects. To date, the B² Network has successfully integrated over 50 projects, fostering considerable innovation and growth on the first two versions of testnets. Please find stats on the Haven testnet below.
https://haven-explorer.bsquared.network/
Now we are launching the third version of testnets, Habitat, in the quest for a highly available and reliable mainnet, together with a prosperous and diversified ecosystem. We are thrilled to unveil the Early Adopter Incentive Program. This Program aims to distribute 5% of the total supply of B² Network native tokens to the users via ecosystem partners on the bootstrapped mainnet.

Why does B² Network distribute token incentives?

1. Enhancing Asset Utilization
The driving force behind the making of B² Network’s BTC Layer 2 is to unleash the potential of BTC ecosystem assets. As a Turing-complete Layer-2 solution, B² Network enables the creation of innovative smart contracts and applications within the Bitcoin space, increasing transaction speeds and diversifying application use cases without sacrificing security. We are dedicated to incentivizing DApps that enhance asset value on the B² Network and create scenarios for asset utilization and TVL enhancement.
2. Stimulating Transactions
With the development of zk-EVM compatible BTC Layer 2, we aim to facilitate a broad range of applications and enable frequent, low-cost, and high-speed transactions. We place great value on innovative DApps that leverage B² Network’s scalability to increase user transactions.
3. Utilizing B² Hub
The core team, with its longstanding commitment to pioneering technical advancements within the Bitcoin ecosystem, has consistently pursued the objective of cultivating a culture of innovation among builders in the realm of Bitcoin. We welcome all parties to collaborate with us in diversifying the BTC ecosystem, in harmony with the modular architecture of the B² Hub, thereby amplifying the scalability and potential of Bitcoin’s extensive networks.

What does B² Network offer to partners?

1. Stimulated Growth from Token Incentives
B² Network is committed to advancing ecosystem projects that resonate with our values and goals, by providing token incentives to the direct user base. The number of tokens allotted will be determined through metrics such as TVL, transaction volume, the number of unique wallet addresses, daily active users, community engagement, etc.
2. Grant
B² Network runs a $1 Million Grant Program, identifying any rough diamonds incoming for the ecosystem. With increased support from developers, we will ultimately build a flourishing and sustainable B² ecosystem.
3. $400+ Million Assets
The B² Network’s Buzz campaign has amassed approx $430 million worth of prime cryptocurrency, like $BTC, $ETH, $USDT, $USDC, $ORDI, $SATS, $MATIC, $BTCB, and more. These assets will be officially bridged to the B² Network mainnet after launch, ready for interaction with DApps on the network.
4. 320K Users and 1 Million Active Addresses Eager for Innovation
With over 320,000 users and 1 million active addresses, the community is rapidly expanding and anticipates high-quality protocols and apps with which to engage on the B² Network.
5. Prospective Investors
Known for its versatility as a Bitcoin Layer 2 platform, B² Network enjoys steadfast support from eminent investors. We are delighted to facilitate connections between esteemed partners and investors.
6. Partner Collaborations
Currently, the ecosystem features over 50 partners, including Polygon, Polyhedra, StakeStone, Meson.fi, BitSmiley, and more. The goal is to foster close collaboration while acquiring top-tier partners to scale Bitcoin’s extensive networks.

How to participate in the B² Network Early Adopter Incentive Program?

For Established Projects:

  1. Initiate the process by submitting your project via the ecosystem application form.
  2. Upon submission, the B² Network team will conduct a thorough review. If approved, we will commence the collaborative journey.

a. Joint marketing initiatives will follow, including campaigns, AMA sessions, SNS activities, and more.
b. Progress to the deployment on both Testnet and Mainnet environments with direct support from the B² Network dev team.

For Projects in Development:

  1. Engage with the community by entering hackathons tailored for various tracks.
  2. Following your participation, the B² Network team will review submissions and select projects to present their concepts on Demo Day.
  3. Winners of the hackathon will receive grants and the full support of the B² Network team, facilitating the realization of their projects on the B² Network Testnet and Mainnet.

Upon successful deployment on the Mainnet, we will rally the community and assemble a committee of degens and OGs to identify the most popular and valuable projects. These standout projects will receive a thrust of growth with the Early Adopter Incentives, reflecting the commitment to fostering innovation and rewarding excellence within the B² Network.
Join the Ecosystem: https://forms.gle/TmesjwyBoMTocZkp6
Apply for Grant: https://forms.gle/zJ8QASLopdc2cV1C9

About B² Network

B² Network is the first Bitcoin Rollup based on zero-knowledge proof verification. This Layer-2 solution enhances transaction speeds and broadens application diversity, all without compromising security. B² provides a DA Layer that’s integrated with the state transition verification and proof system, and in turn reduces costs & time associated with on-chain proof.
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