Brothers, this early project is very awesome. It has just officially announced investments from StarkWare and other companies. It is worth noting that there are some powerful independent investors, including CoinSummer (the home office of Shenyu, the founder of F2POOL, the world's largest comprehensive mining pool). It is the only BTC ecological project that Shenyu has invested in so far. It is expected to be the most promising project for BTC. Brothers can pay attention to it.
https://x.com/ChakraChain/status/1783842586882638238
🚀 Advantages and features
➡️Advanced technology: Using STARK to prove the staking event on Bitcoin provides a safe solution for Bitcoin to be re-staked and interest-earned in cold wallets.
➡️Strong team: Eli, the core contributor of Starknet Madara and the founder of StarkWare, has also interacted with Chakra many times. He is very optimistic about the application of STARK on Bitcoin. It can be said that this is the official project of StarkWare. In addition, investors include Xingkong, the president of Bixin, and Shuaichu, the founder of Qtum. The team should also have a good relationship with the big miners in Asia. I found some clues from Eli's interactive tweets. Eli has taken photos with the founders of Shenyu and Chakra.
➡️Token economy: The first ZKP-based Bitcoin re-staking protocol @ChakraChain has been launched on Devnet. Interacting with Devnet will have the opportunity to obtain the whitelist of Chakra's first NFT
No tokens have been issued yet, and it is expected that there will be hope to reach a relatively high TVL in the future.
