I see the project has launched @Sat20Nexus, and it seems the "Smart Network" project aims to revitalize the BTC ecosystem, backed by Hong Kong's Web3 policies, with big ambitions! Here’s a brief summary of the project ideas and deployment:
1. Aiming to create a BTC version of Uniswap: Building a DeFi platform on BTC to facilitate decentralized trading, RWA, and stablecoins. The Hong Kong 2025 "Stablecoin Regulations" will help, but BTC's layer 1 is too slow, relying on Layer 2 (RGB, Taproot) for a turnaround is nice.
2. An innovative burning "Satoshi" to points model: Burning the smallest unit of BTC, "Satoshi," to earn points, incentivizing market liquidity, similar to the crypto space's "burn money lottery," possibly becoming a governance token or unlocking features. If successful, liquidity will explode; if not, X will shout "give me back my Satoshi!"
3. The main theme of Web2 entering the RWA and stablecoin track: The goal is to make "Smart Network" the top public chain for RWA (real estate, gold on-chain) and stablecoins, with the Hong Kong RWA boom and the global stablecoin market (15.6 trillion dollars) being the trend. However, BTC technology needs breakthroughs in Layer 2, which is quite challenging, but achieving it could lead to takeoff.
4. A solid foundational team with great ideas: Bringing together impressive project teams, learning from Ethereum's collaborative model, focusing on technology, market, and community.
5. The current lineup is quite luxurious:
huige (@realdefi2025): The "Tony Stark" of the crypto world, managing the market and English community, driving global traffic.
Jiangangshan (@sharphill2022): A tech expert leading the team to build a "nuclear reactor."
Stablecoin license: Hong Kong regulatory support, a scarce resource.
Local Hong Kong team: Positioned at the Web3 forefront, helping the BTC ecosystem take off.
Lastly, what I want to say: @Sat20Nexus, leveraging Hong Kong policies, RWA, and the stablecoin trend, with a strong lineup + "Smart Network" ambitions, the probability of BTC turning around is over 80%! However, technology implementation, community enthusiasm, and funding are all essential. Compared to @GOATRollup, @PortaltoBitcoin, and @build_on_bob, @Sat20Nexus has bigger ambitions and a more vigorous team, hoping to successfully lead the BTC ecosystem to soar.
Some news
Business:
1. The market will operate independently @Sat20Nexus, steadily advancing its business within Hong Kong's web3 regulatory framework, creating a Uniswap for the BTC ecosystem.
2. The market will implement a points incentive system. Points will be automatically generated from burned satoshis. While points may have no value, they are very important to the market.
3. SAT20Labs will continue to promote the technological development of the Satoshi network ecosystem, making the BTC network the best public chain for issuing and circulating digital assets with underlying value support, such as RWA and stablecoins.
4. The Satoshi network needs more and more teams to come in and develop various applications. We will unite several of the most powerful project teams to form the cornerstone team of the Satoshi network, jointly promoting its development.
Team:
1. We welcome a major player, Huige @realdefi2025, who previously served as the Asia-Pacific head for a Fortune 500 company. Huige holds a degree from a top university and has multiple entrepreneurial experiences; he will lead market operations and oversee business expansion in the English-speaking region.
2. The technical team will continue to be led by Sharp Hill @sharphill2022, who also graduated from a top domestic university and has experience building products worth over a hundred million from scratch, as well as experience with a startup that went public in the US stock market.
3. Our major shareholder has already obtained payment business for stablecoins.
4. Our team has several members with Hong Kong identities. We will be based in Hong Kong, deeply cultivating the Bitcoin ecosystem, contributing to the trend of becoming a digital asset center in Hong Kong, where the Pearl of the Orient will always shine.
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