. @BitlayerLabs is a pure scam
1. In August, they raised $4 million at a unit price of $BTR 0.2 on @CoinList (accounting for 2%)
2. The project team raised $400,000 at 0.02u to get listed on Binance (accounting for 2%)
Today the opening price was 0.1, and it dropped to 0.09, they have no shame. They missed the BTC L2 token issuance wave and have been dragging their feet until now, directly issuing tokens to give an explanation, and then soft rug pulling.
As of now, the market cap is 25 million, don't touch Chinese projects, they are all scams.
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