Knightosy 🐉 $MON
374 posts
🔥$4 Million Seed Round Closed, Oversubscribed🔥 Fiamma is excited to announce our $4 million Seed Round, led by @FactionVC and @l2iterative to transform Bitcoin into a dynamic asset in a trust-minimized way and build a decentralized internet and financial system on Bitcoin. Additional strategic investors include @build_on_bob, and the founders of @satlayer, alongside participation from @AsteraVentures, @ContributionCap, @sats_ventures, @chapterone, @founderheads, @daedalus_angels, and other prominent angels. At Fiamma, we’re solving Bitcoin’s programmability gap with BitVM2, enabling Bitcoin to scale and interact seamlessly with programmable blockchains in the most trust-minimized way. By developing the smallest and most efficient fragmented ZK verifiers (Fflonk and Groth16) in Bitcoin script, we’re unlocking highly optimized ZK verification on Bitcoin for the first time. Currently, we are building two foundational infrastructure solutions on Bitcoin: 1️⃣ Fiamma Bridge: The first trust-minimized Bitcoin bridge powered by BitVM2, now live on the Alpha Testnet. It enables secure, pragmatically trustless cross-chain interactions with Bitcoin for the first time, without relying on complex, centralized intermediaries or multisig setups. 🔥 Claim your seed code now! (More details below and in upcoming posts.) 2️⃣ Fiamma Layer: The first BitVM2-powered ZK verification layer on Bitcoin, now live on the Devnet. This revolutionary layer leverages Bitcoin's network security to optimistically verify ZKPs and utilizes Bitcoin's cryptoeconomic security via @babylonlabs_io for instant verification, unlocking ZK rollups and decentralized use cases previously impossible on Bitcoin. With these foundational products, we will enable Bitcoin to natively power key real-world use cases, including stablecoins, payments, lending, and more. This is just the beginning. Fiamma is paving the way for limitless innovation, positioning Bitcoin as the backbone of a decentralized future. 🎁Join the campaign now! 🔥 🔶Claim your Mama seed code - an exclusive ticket to join the Fiamma bridge testnet campaign! With it, you'll unlock top-tier rewards and gather the Fluff Energy needed to complete the Bridge adventure: test-bridge.fiammachain.io/register 🔶Fuel Fiamma’s social media - Fiamma’s rise is unstoppable, but we need your help to accelerate its progress: app.galxe.com/quest/HSNdxCoe… 🤝Connect with us! 🔶Follow the founders and discover what they're cooking up now: 🦙@AlpacaYovela and 🐶@ocean_xiaobai. 🔶Join our Telegram: t.me/fiammachain and Discord: discord.gg/8mCBXXjgvA 🔗Read the full announcement here: cointelegraph.com/press-releases…
