Problems faced by the Bitcoin ecosystem

• Lack of IDO platform focusing on the Bitcoin ecosystem

  Despite the vastness of the Bitcoin ecosystem, the lack of a dedicated Initial Token Offering (IDO) platform restricts the growth and capital liquidity of innovative projects on the Bitcoin network. Most IDO platforms focus on Ethereum and its derivative chains, making it difficult for early projects in the Bitcoin ecosystem to effectively finance and issue tokens.

• Difficulty in BRC20 token issuance and financing

  Although the BRC20 token standard provides the ability for projects on the Bitcoin network to create their own tokens, the zero-cost engraving process (except for Gas fees) does not support direct, decentralized fundraising methods. This limits the fundraising capabilities of project teams and affects the flexibility and efficiency of project start-ups.