The recent projects are starting to feel a bit like 2017, with offline communication tours popping up everywhere, making me reminisce about the explosive year of 2017. Could this year replicate the bull market of 2017? GOAT Network has kicked off a global tour, with the first stop being the HODLers Happy Hour in Kuala Lumpur, Malaysia, which indeed has that exhilarating community atmosphere reminiscent of back in the day. The event on July 20 at Sky Lounge 69, hosted by BlockNewsAsia and sponsored by TMGM, METHANE, and GOAT Network, felt like a celebration for Bitcoin believers, likely filled with beer, lively discussions, and dreams about the future of BTCFi. Don’t you think it has a bit of that "Spring Festival Gala of the crypto world" vibe? 😄 However, if we talk seriously, the significance of GOAT Network's tour might not just be about rallying the community. Their focus on ZK Rollup + BitVM2 technology attempts to bring DeFi to Bitcoin, which is a bold endeavor. I’ve mentioned before the technical details of GOAT, such as decentralized sequencers and trust-minimized bridging, allowing transfers from the mainnet to Layer 2 starting from just 0.0001 BTC, which is quite enticing due to the low barrier to entry. This technical route is solid and targets the pain points of the BTC ecosystem—slow transactions, high fees, and poor scalability. If they can elevate the narrative of BTCFi and attract more developers to build applications on GOAT Network, it could indeed spark a wave of excitement. But to say that the crypto world can replicate the bull market of 2017, I think that’s a bit difficult! The bull market of 2017 was the result of the wild growth of crypto myths, driven by retail FOMO, speculation, and a regulatory vacuum. The current market environment has changed; there are more institutional players, higher compliance requirements, and it’s not as easy to ignite retail enthusiasm. GOAT Network's tour feels like building a castle in the BTC ecosystem, injecting confidence, and trying to liberate Bitcoin from the stereotype of "digital gold" to become a stage for DeFi, NFTs, and even GameFi. This aligns somewhat with @build_on_bob's approach, as BOB is also working on a hybrid ecosystem of Bitcoin and Ethereum, targeting DeFi and NFTs. GOAT will likely sprinkle some "candy" during the tour to attract attention. Projects like GOAT that utilize ZK and BitVM2 Layer 2 solutions are clearly putting effort into technology rather than just telling stories. Recently, many project tours seem to have sensed this new atmosphere of community enthusiasm mixed with a bit of rationality. However, risks must also be mentioned. If GOAT Network's global tour is merely about generating hype without quickly launching killer applications, it could turn out to be "all noise and no action." Players in the BTC ecosystem, like @Sat20Nexus and BOB, are competing fiercely for the track. Plus, with the technical limitations of the BTC mainnet, whether Layer 2 adoption can take off remains a question mark. What do you think? How far can GOAT's tour go? Will it be the ignition point for BTCFi, or just a lively community party? 😎 #BTC #KAITO #Yappers