Sea 🐸
Sea 🐸|Jun 28, 2025 12:52
Recently, the liquidity and attention within the crypto industry have been greatly drained by the stock market, and the market has become somewhat quiet. As Circle's stock price correction and interest rate cut expectations approach, some attention should return to the Crypto market. The BTC ecosystem project @ GOATRollup that I introduced in November last year has made some new progress, which is worth introducing to everyone again. I think this project is worth paying attention to, mainly in four dimensions. 1/Team Last year when I participated in token2049 in Singapore, I met the GOAT Network team and learned that they are part of the same team as the Ethereum L2 project METIS. METIS is well known in the industry for Vitalik's mother, who was also an important member of the project and saw a hundredfold increase since its initial launch on Binance. This team with successful experience in L2 public chain operations is bringing their expertise and resources to the Bitcoin zkRollup ecosystem. 2/Gameplay When GOAT was introduced last year, they were running a campaign to support users pledging Dogecoin, providing PoW security for Dogecoin to GOAT Network, while earning the revenue provided by GOAT Network - sorting income in BTC units. This year, GOAT Network's Alpha mainnet has been launched, driven by three core technologies: zkVM, BitVM2, and decentralized sorter, further returning on chain transaction revenue to nodes and stakers in the form of BTC. GOAT has always insisted on using BTC as gas consumption and remains loyal to the BTC standard. 3/Cent This year, mouth massage is popular. In the months leading up to TGE, GOAT provided 1% of its total tokens as a reward to the Kaito ecosystem, incentivizing content producers on the platform. According to Kaito's algorithm, a comprehensive evaluation is conducted based on several dimensions such as content quality, depth of originality, and breadth of interaction. How much is this 1% worth? Based on GOAT's pre-sale market price in Aspecta, the current FDV of the project is approximately $110 million, which is 1% or $1.1 million. A 1% ratio is quite generous, and if there are other expectations from the top tier institutions after TGE, these tokens still have room for appreciation. 4/Give coins In addition to Kaito's mouth slapping distribution, GOAT officials are also promoting activities for the second season of One Piece. Simply put, One Piece is actually a comprehensive task activity, and the entry point for participation is https://onepiece.goat.network Completing some tasks designated by GOAT official (cross chain bridge, game interaction, Swap redemption, etc.) can earn points, which can be combined with the number of invitations and holding Happy Birthday NFTs to earn more multiplier bonuses. On one hand, it is being sucked by the US stock market, while on the other hand, Bitcoin is a dominant force in the Crypto market. The market for altcoins is not good, while BTC is still approaching a new high. As long as the consensus on the value of BTC continues to strengthen, there will always be project parties interested in exploring the potential of the BTC ecosystem and BTCFi. GOAT Network is the most recent representative project, and I will continue to monitor it.
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