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An Open Letter on the Launch of Stacks Labs — by Alex Miller @alexlmiller, CEO Stacks Labs. Today marks the first official day of @Stacks Labs — a milestone I’m both proud of and deeply energized by. Stacks Labs was born out of SIP-031, a historic governance decision by the Stacks community to create a dedicated operational hub for our ecosystem. That proposal didn’t just outline a structure — it set in motion a vision for scaling Bitcoin Layer 2 to its fullest potential. Our job now is to help carry that vision forward. Why This Matters Bitcoin is the most important financial innovation of our lifetime. It offers an open alternative to government fiat systems that have been abused for decades — systems that keep people trapped behind borders, subject to the monopoly they were born into. But Bitcoin, as an asset, can’t achieve this on its own. The base chain will never scale enough to support the full potential. That’s where Stacks comes in. With sBTC, fully expressive Clarity smart contracts, and security inherited from Bitcoin, we have the chance to unlock hundreds of billions of dollars in capital and build a global economy on top of Bitcoin. And Stacks Labs is here to make that happen. We’re here to make sure the infrastructure, developer support, and growth engine exist to back that vision. From engineering and developer relations, to product, business development, and marketing, this team will be the backbone of making the Bitcoin economy real and accessible at scale. The Team We’re building out a killer team for Labs that will be composed of both experienced Stacks builders and fresh new talent. The first new roles are already posted and we’re starting today with some of the best long-term contributors from the ecosystem joining us there - people who have been driving progress for years and are now coming together under one roof to accelerate it. Powered by the Endowment Thanks to the support of the newly created Stacks Endowment, Stacks Labs and the builders in the ecosystem will have the resources they need to succeed. Whether focused on operations, grants, DeFi incentives, marketing, and integrations — it all has one purpose: to unlock real Bitcoin capital for developers and builders. Why Now Matters Stacks has always focused on principles and done things the right way - our SEC-qualified Reg A offering, our commitment to decentralization, and generally being a great team to work with. But we’ve also not moved as fast and aggressively as we could have. Stacks Labs is about combining the best of both worlds - cherishing our principles while driving hard and fast to achieve them. Because that’s what the moment calls for. The Stacks ecosystem just crossed $600M in TVL. 5,000 BTC are now pegged-in through sBTC. And interest from cross-chain builders is higher than ever, with DevRel programs like Code4STX and Ascent, along with events all around the world drawing new contributors into the cause. October is always a meaningful month for Bitcoiners — Satoshi Nakamoto published the Bitcoin whitepaper on October 31st. And now, October 1st marks the beginning of Stacks Labs. It feels like the right moment to turn the page on the next chapter of Bitcoin scalability. How You Can Engage Our immediate mission is to scale up what’s already working: grants, developer support, and incentives that bring builders in. You’ll see us rolling out new programs and resources in the coming months, and you’ll find our team active across Telegram, X, and working groups. But we need your help to do it - now is the time to step up and join. If you’re a builder, researcher, or simply a Bitcoiner who believes in what’s possible here, we want to hear from you. Stacks Labs is where Bitcoin grows, and this is just the beginning. — Alex Miller CEO, Stacks Labs

Up to this day, there’s only one PFP project who was able to flip Cryptopunks in terms of floor price and market cap That’s Bored Ape Yacht Club And it sure does feel like that they have the motion to do it again soon 👀🦍

Delist your grails, @mfigge coming for them

I officially am an OG @BoredApeYC member today!!! Has been a dream for years and today marks the reality of it coming true!!!

#NewProfilePic I’m literally shaking… I’ve dreamed of being an Ape for so long Decided it was finally time to pull the trigger when I saw this clean fella I’m a proud Navy guy 💪 so I had to have a sea captain hat Had a few mutants for a while, but this is my first ape 🙏

Apes and Monkeys Bored Ape Yacht Club and OCM Genesis. 2 historic collections. @OnChainMonkey and @BoredApeYC !RISE culture and collections

The OCM Genesis with zombie fur. Rare furs are some of the most sought-after traits in the collection, prized by collectors and seldom available. Congrats to the new owner! 🔥

I'm this bullish on NFTs, but who's counting? Where are my Apes at? @BoredApeYC

If you're looking to buy or sell this unique on-chain art, the most listings of OCM Genesis are on @osura_com. Recent sales have all been on Osura too. 🔥

OCM Dimensions owners are a special group of collectors who appreciate generative art on Bitcoin, and were early to this new movement. With only 300 in existence, ownership is exceptionally limited. Yet the influence of OCM Dimensions extends well beyond those 300 pieces: much of the generative art on Bitcoin is either directly and immutably connected to OCM Dimensions on-chain or made possible by techniques that OCM first introduced.

Trillions of dollars of assets are moving on-chain. The world’s largest exchanges and financial institutions are all preparing for the tokenization wave. Check out the OCM Certificate of Ownership. This 2023 inscription on Bitcoin tokenizes the 2021 on-chain asset on Ethereum. The conceptual art of tokenization.

Schönen Freitag

Great to see growing interest in on-chain art from both artists and collectors. Check out @osura_com for unique on-chain works. Find the most listings for @OnChainMonkey OCM Genesis, a collection innovating in on-chain art since 2021.🤌

For art, the medium matters. - The Lascaux Cave paintings are iconic because they exist directly on cave walls. - Stonehenge endures because the stones themselves are the monument. - Banksy is powerful because the art is created in public space. The medium is a core part of the art. For on-chain art, the medium is the blockchain. And just like stone, walls, or public space, it shapes the meaning. The confusion exists in NFTs because most are not on-chain. The media lives off chain, hosted elsewhere. The blockchain is used for ownership and trading, not for the art itself. On-chain art changes that. The art, the content, the code all live on-chain. The medium and the message are one. On-chain art is a new art form, and people are just starting to understand this today.

TGIF. Congrats to the new owner of this rare Midnight Magic Monk. 🤌

OCM Dimensions 300. Congrats to the new owner! In February 2023, this generative art was inscribed on Bitcoin, along with code libraries that would enable future artists on Bitcoin.🤌

OCM is in NYC today, at the heart of tokenization. Let's go @amandaterry, @huuep, @KiteVC! They'll be speaking at @NYSE along with other industry leaders.🔥

Insiders don't want you to know that they have rigged the memecoin market so that they win and you lose This is why $DOG does not have insiders 100% of the $DOG supply was airdropped for free with no team allocation Everyone has equal access to buy $DOG if they want to own it

I see a lot of Apes joining the family recently. Welcome to the family. @BoredApeYC Where are my old and new Apes at? Ape follows Ape.

AI + Bitcoin + Ordinals are powerful together. In Feb 2023, OCM Dimensions showed that high-resolution, interactive 3D generative art could be created on Bitcoin. We open-sourced the method on GitHub. Creators have been building on it ever since. Using that framework, AI assembled a gallery of the collection with a new feature 👉 downloadable 3D models, and in just 6 kb of blockspace! OCM Dimensions remains singular. Art on Bitcoin.🔥