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A must-attend opportunity in June: BEVM and Bybit airdrops may bring "hundred-fold returns"

BlockBeats2024/05/31 12:22
By:BlockBeats

As a fan who has been paying attention to the development of the Bitcoin ecosystem, I have been paying attention to various airdrop activities in the ecosystem since the beginning of the inscription. Recently, when browsing the community news, I found an exciting airdrop opportunity: a large airdrop event jointly organized by the well-known Bitcoin Layer2 project BEVM and the large exchange Bybit.


According to the official announcement, BEVM will provide more than 1.47 million token rewards in the event. Participants will have the opportunity to win high blind box rewards by completing a series of on-chain tasks. In addition, BEVM will also provide rich ecological incentives in conjunction with ecological projects such as Bido, Satoshi Protocol, BEVMSwap, and oooo Money, which means that this is another event that can "kill many birds with one stone".



So, as an ordinary player, why do I think this event is worth participating in by all Bitcoin ecosystem builders, and how the hundredfold profit comes from, and listen to the following sharing.


1. Generous airdrop rewards


Since it is an event, the most attractive thing is naturally the rewards. According to the official announcement, this joint airdrop event will provide more than 1.47 million tokens as rewards, with a total value of about 600,000 US dollars. This is a rare opportunity for ordinary users. You only need to complete a series of simple on-chain tasks to get high blind box rewards. As an ordinary participant, I see this as an opportunity with low threshold and high returns.


Not long ago, BEVM received investment from Bitmain, the world's largest Bitcoin mining machine manufacturer, and successfully completed tens of millions of US dollars in financing, with a post-investment valuation of up to 200 million US dollars. The injection of these funds provides a solid foundation for the future development of BEVM. As an ordinary user, participating in such a project favored by many crypto VCs can not only obtain generous rewards, but also share the dividends brought by its growth.


Let’s do a simple calculation. According to the current valuation of BEVM of 200 million US dollars, the total number of tokens is 2.1 billion, which means that 0.07% of the tokens were taken out to participate in this airdrop. According to the current valuation, the total value is 140,000 US dollars. This is only the token incentive provided by BEVM, and does not include other ecological incentives.


BEVM, as the leading project in the BTC Layer2 track, is currently valued at 200 million US dollars, which is basically underestimated. According to the development of Ethereum Layer2, it is generally not less than 3 billion US dollars (calculated by FDV). In fact, the current FDV of Optimism is 10 billion US dollars, and Arbitrum is 11.2 billion US dollars. The official disclosure of the value of 600,000 US dollars should be based on a valuation of about 800 million US dollars. However, from the actual situation, the subsequent growth or increase is still huge, and it may bring an unexpected airdrop like OP in the past. This is also an important reason why it is worth participating.


Of course, from the perspective of the cost of task operations, there are friction costs such as currency withdrawal, cross-chain, and interaction in the activities. Although the third-party article estimates that the cost will not exceed US$20, the actual cost is about US$5 based on the current gas fee. After BEVM goes online, it will be valued at US$800 million, plus the ecological airdrop, the maximum income of a single account may be around US$1,000, and the airdropped tokens will not be locked, but if it exceeds this valuation, perhaps this will be an airdrop with a hundredfold return (conservatively calculated at a valuation of US$2 billion, the income will be around US$2,000), and the two iPhone16s released in the second half of the year are already in hand.



2. BEVM is strong


Secondly, it is about the project team itself. After all, whether the rewards can achieve long-term growth must be related to the team itself.


As the first Bitcoin Layer2 project built on Taproot Consensus, BEVM has significant technical advantages. As early as 2017, the BEVM team launched the ChainX cross-chain project, which introduced BTC to Polkadot in a decentralized manner, attracting more than 100,000 BTC to enter the protocol interaction. However, due to the use of a multi-signature scheme of 11 people to host users' Bitcoin assets, there is a certain risk of centralization. However, with the Taproot upgrade of Bitcoin bringing a more efficient, flexible and private transmission method, the BEVM team saw a new way to build BTC Layer2, thus giving birth to the BEVM network based on Taproot Consensus.


According to official information, BEVM has realized a trustless BTC network solution through Taproot Consensus. Taproot Consensus includes three core functions: Schnorr Signature expands Bitcoin multi-signature addresses to 1,000, greatly improving security; MAST realizes the coding of multi-signature management, relying on code-driven rather than human signatures; Bitcoin Light Node Network drives multi-signatures through Bitcoin light node network consensus, realizing fully decentralized Bitcoin cross-chain and management.


BEVM core developers also mentioned BEVM-Stack at a recent event. This concept, which is somewhat similar to OP Stack, has aroused widespread discussion in the industry. If Layer2 can be launched with one click on BTC, it may bring a new pattern to the development of BTC Layer2 and further promote the development of the cryptocurrency field. Although this concept is still in the discussion stage, its potential cannot be ignored.


Therefore, by participating in the event, you can go deep into the BEVM ecosystem and experience the efficiency and security brought by these innovative technologies. This not only allows us to truly appreciate the development of BTC Layer2, but also practice the product development of the leaders in this field.


3. The event endorsement is powerful


The partner of this joint event is Bybit Wallet, which is the Web3 wallet of the world-renowned cryptocurrency exchange Bybit. Bybit serves more than 30 million users, covering 160 countries or regions, with an average daily trading volume of more than 10 billion US dollars. This cooperation with BEVM not only demonstrates Bybit Wallet's continued pursuit of innovation and user experience, but also brings more opportunities for its wallet users to contact the Bitcoin ecosystem.


Therefore, BEVM was able to launch an airdrop event in conjunction with Bybit Wallet, which at least proves that BEVM has been recognized by professional institutions as Bitcoin Layer2. You should know that a month ago they also conducted a similar airdrop event with Binance Wallet (it is said to be the first BTC Layer2 joint event of Binance Wallet, just imagine...), and the entire event attracted nearly 160,000 users to participate, which shows the influence of the project. In addition, at that time, ORDINALS•RUNES airdrop rewards were issued to 150,000 addresses participating in the event.


4. How to participate specifically?


Since this event is so attractive, how can we participate? According to the disclosed information, there are currently 6 steps to participate in the event, namely: · Complete Twitter social media tasks · Cross-chain BTC to BEVM · Bido task: pledge BTC · Satoshi task: lend SAT stablecoin · BEVMSwap task: complete one or more transactions · OOOO Money task: complete one or more cross-chain


By completing any of the above activity tasks, you can open the token blind box and randomly receive BEVM token airdrops. If you complete more tasks, you can open more blind boxes and share more BEVM tokens.


This is the detailed tutorial about this airdrop activity that I found: https://www.techflowpost.com/article/detail_18156.html . You can follow this tutorial to complete the above activities step by step. It actually took me less than 2 hours to complete the above tasks. The step-by-step tutorial can also be found on the latest blog of the BEVM official website.



That is to say, you only need to spend about 5 US dollars in interaction costs and less than 2 hours to have the opportunity to get the airdrop tokens of the Bitcoin head project BEVM, as well as various rewards for ecological projects. Isn't this much better than the Layerzero of the crazy PUA users next door?


Therefore, as an ordinary user, I am full of expectations for this joint airdrop event of BEVM and Bybit Wallet. Whether it is the generous token rewards, the opportunity to experience innovative technologies, or the good project endorsement, I feel that participating in this event is of extraordinary value. More importantly, through this event, you can have a deeper understanding and experience of the innovative technology of Bitcoin Layer2, and share the growth dividends of the industry's top projects. Perhaps this event will not only provide participants with generous rewards, but will also further promote the development of the Bitcoin Layer2 ecosystem.


Perhaps, we ordinary users are only one event away from the first 100-fold return this year, so why not?



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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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