Bitlayer Announces First Mining Festival Event, Seven Ecological Projects Offer Token Airdrops with a Total Value of Over $23 million

On May 24th, Bitcoin's native two-layer network Bitlayer released the announcement of the Mining Gala Head Mining Festival jointly launched with seven ecological projects: Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo and Bitparty. The first phase of the Head Mining Festival will be held from May 27th to June 10th. The event reward is composed of two parts: the exclusive airdrop of the Head Mining Festival and the developer airdrop won by the seven project parties in the Bitlayer Dapp list competition. Among them, the project party will provide users with a total value of more than $23.24 million of project tokens. Most of the tokens are expected to complete the TGE within 1-2 months. In addition, the project party promises to distribute 100% of the Bitlayer gems they won in the Bitlayer Dapp list competition to users. After the list contest, users can exchange the Bitlayer gems they received for Bitlayer Tokens (BTR) at a certain percentage after TGE.

After the event goes live on May 27, users can log in to the official event page and the People's Launchpad event page to participate in the event, and complete the on-chain interactive tasks set by the project, such as adding liquidity, creating transactions, depositing and borrowing assets, etc., to get the relevant project Token airdrop. After users complete the tasks on the official event page and share the event link, they can also cast the exclusive badge of the mining pioneer of the corresponding project Bitlayer Head Mining Festival for free, and redeem the Bitlayer ecological rights and interests in the future.