"Goat Network Project Analysis" 1️⃣ Positioning @GOATRollup is a BTC Layer 2 in the ZK Rollup series, which is a very common narrative in the BTC ecosystem. At the same time, Goat is a sub-project developed by the ZKM @ProjectZKM team. 2️⃣ Team The core teams of both are the same group, and Goat has additionally brought in two people to assist with the economic model and risk control design in asset management. The CEO is a co-founder of Metis and is currently still in position. The COO is the founder of Chain Catcher and Cather VC, but her LinkedIn does not list any experience related to Goat and ZKM (not sure if Rootdata's data is accurate). 3️⃣ Financing Goat itself has not raised funds, while ZKM only secured a round of financing of 5 million USD. For a public chain, 5M in financing is definitely not enough, but it is standard for ZK development infrastructure. So where does the money come from? Most likely from Metis. However, this does align with the fact that the...
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