Velar’s BTC Name Grant program encourages the accepting DotBTC ID on the stack. The collaboration with Stacks Projects aims to simplify Bitcoin -driven Defi.
Decentralized replacement protocolbit coin Velar A new BTC name grant program aimed at spreading the “.btc” digital ID standard throughout Stacks Eco System. This proposal aims to make it easier to execute interaction on the chain and reduce manual errors. Push a unified identity system for bitcoin users.
This program will be executed with the help of more than 12 partners who promise to promote the adoption of bitcoin. We have already funded more than 6,000 STX from major contributors such as Arkadiko, Ryder, and Stacks. Customers purchase .btc name via certified site BNS 1 and BNS. The market has the right to refund STX through Velar’s custom -made portal. Velar.com/returntobtc.
The grant of the BTC name is the latest of a series of successes VelarUsers, including the return campaign to APE, can acquire Megapon NFT. They start this on January 30, marking important steps to create standardized digital identity in the Stacks Eco System.
VELAR BTC Name Subsidy to Promote DotBTC adoption
Peter Watson, Chief Marketing Officer of Velar, maintains a positive view on the general success of Initiative and says, “I see all the protocols and tokens in the stack ecosystem as a whole. It is very exciting, so loud about our collective will to lift and support the entire community.
I’m very happy to see this building a global unified identity stack The community is important to on -board, when one of the fashionable ones, Philip de Smedt, is a co -founder of Stackingdao.bns, when one fashionable one is called Velar’s efforts to adopt the mainstream. He said he emphasized sex.
Hadan, the growing manager of Alex Lab Foundation, said: “The collaboration is innovation. Use Stacks Ecosystem to build an extraordinary future equipped with bitcoin.” Ta. “Seeing the Stacks community gathering behind the initiative, making bitcoin more fun, exciting, and requiring builders culture.”
This is the first BTC name grant hosted by Stacks Bitcoin layer 2. Stacks and Ryder are leading funds, and each has pledged 1,000 STX. Velar, bitflow, Stackingdao, Alex, Arkadiko, Hermetica, and leather wallets have further complemented the 500 STX funds. Zero Authority, Flat Earth, Leo, and Roo contribute to 250 STX. The technical support of this activity is from BNS ONE and BNS.Market.
The market received news well. Native token Velar VELAR has increased by more than 6 % in the past 24 hours, with a market capitalization of $ 7 million. The amount of transactions has increased by more than 13 %, indicating an increase in interest from investors. So far, at the time of writing, Velar has been traded for $ 0.03067.
The program from Velar and his partner wants an enhanced and connected ecosystem. The vision here is directed to a wide range of .btc names, and then enhanced. Bitcoin With a distributed ID solution.