- Draper-led investment fuels Bitcoin dApp and DeFi growth. (Yeah, you heard that right!)
- Midl raises 2.4M to allow native Bitcoin dApps. (Finally, some action!)
- More than 20 projects are deployed on the Midl testnet, coming to mainnet soon. (Get ready for the show!)
So, Bitcoin’s tech frontier just got a facelift. Midl, the first infrastructure that lets you do smart contracts on Bitcoin, has raised a whopping 2.4 million dollars in a seed funding round led by D.Associates and D. Dragon. I mean, who knew Bitcoin could get a makeover? 💄
This is a big deal, folks! We’re talking about native, indigenous decentralized applications (dApps) on the Bitcoin network. It’s like finding out your grandma can do the cha-cha-unexpected and a little unsettling.
Why Midl’s Native Bitcoin dApp Platform Sparks Excitement (Or So They Say)
Unlike those other projects that are stuck on sidechains or Layer 2 solutions, Midl is like the VIP section of the Bitcoin blockchain. It’s embedded right in there! Talk about getting the best seat in the house.
Thanks to this little invention, programmers can now develop and implement dApps on top of Bitcoin. It’s like they finally got the keys to the kingdom. No more begging for permission! 🙌
With Midl, you can soon accommodate the native token standards of Bitcoin. And let’s not forget that massive pool of liquidity-two trillion dollars! That’s a lot of cash, folks. It’s like swimming in a pool of money, but without the risk of drowning. 🏊♂️
Now, Bitcoin can be programmable and applicationable. Yes, I just made that word up, but you get the point. It’s going to be used in everything from government to video games. Who knew Bitcoin would be the new Swiss Army knife? 🛠️
Being early to something this significant is like being the first to discover a new restaurant. Midl’s founder, Iva Wisher, is basically the hipster of the crypto world. “Look at me, I found Bitcoin’s programming potential before it was cool!”
Now, the native Bitcoin token standards can actually power real-world applications. It’s like Bitcoin finally got a job instead of just sitting around looking pretty. 💼
D.Associates & Draper Dragon Betting on Bitcoin’s Future (Because Why Not?)
The startup capital firm Draper Associates, founded by Tim Draper-the guy behind Coinbase and Robinhood-made a hefty financial commitment. I mean, if you’re going to bet, you might as well go big, right?
Draper Dragon, a fund that focuses on emerging blockchain startups, was also in on this investment. When institutions back Midl’s mission, it’s like they’re saying, “We believe in Bitcoin-native decentralized finance (BTCFi).” Or maybe they just want to be part of the next big thing. Who knows?
With early DeFi protocols already online and over twenty projects cooking on the Midl testnet, the mainnet is about to go live. It’s like waiting for the next season of your favorite show-excitement and anxiety all rolled into one!
Retail initiatives are also part of the plan to boost Bitcoin ecosystem liquidity and adoption. Because, let’s face it, who doesn’t want more Bitcoin in their life? 💸
What Midl Means for Bitcoin Programmability (Spoiler Alert: It’s Good)
Midl allows a multitude of smart contract interactions within a single Bitcoin transaction. It’s like a buffet of possibilities! 🍽️
And don’t worry, the security of Bitcoin is still intact while the scalability and throughput are getting a nice upgrade. It’s like getting a new engine in your old car-same body, but now it can actually go somewhere!
Midl has the potential to revolutionize Bitcoin in decentralized finance and beyond. Finally, Bitcoin can do what Ethereum has been hogging all to itself. It’s about time, right?
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2025-08-12 09:20