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Cryptocurrency News Articles

AINN Layer2 Mainnet Debuts with $600 Million TVL

Apr 12, 2024 at 05:03 am

AINN Layer2, the pioneering Bitcoin Layer2 network for Web3 + AI applications, has made waves on its mainnet launch day by amassing a total value locked (TVL) of over $600 million within 24 hours, making it the Layer2 network with the largest TVL.

AINN Layer2 Mainnet Debuts with $600 Million TVL

AINN Layer2 Mainnet Launch Marks a Milestone with $600 Million TVL

Jersey City, NJ, April 11, 2024 (GLOBE NEWSWIRE) - AINN Layer2, the pioneering Bitcoin Layer2 network dedicated to Web3 + AI applications, has achieved an extraordinary milestone with its mainnet launch. Within the first 24 hours, the network's total value locked (TVL) in staked assets surpassed an impressive $600 million, making it the Layer2 network with the highest TVL in such a short time frame.

Staking Opportunities and Future Rewards

AINN Layer2 empowers users to stake a range of BRC-20 inscription assets, including $BTC, $AINN, $ORDI, $SATS, and $RATS, directly on its mainnet. The platform plans to expand its supported asset portfolio in the future, providing users with a wider selection of staking options. By participating in staking, users earn TVL staking points, which can be redeemed for future airdrops of the $ANVM token.

Strategic Partnerships and Investments

AINN Layer2 has garnered significant support from prominent investors and institutions. The network has secured investments from industry leaders such as Amber Group, Waterdrip Capital, Cipholio Ventures (Bitmart), Satoshi Lab, AscendEx, Foundinals Lab, Monday Capital, Bitrise Capital, and others. These partnerships demonstrate the industry's confidence in AINN Layer2's vision and its potential to revolutionize the Web3 + AI space.

Collaboration with Kyrgyz Republic

On April 5, 2024, AINN Layer2 solidified its commitment to global collaboration by signing a Memorandum of Understanding with the Ministry of Digital Development of the Kyrgyz Republic. This agreement paves the way for joint initiatives in digitalization and governance within the Web3 ecosystem.

AI Odyssey Event and Community Engagement

Following its mainnet launch, AINN Layer2 will unveil a groundbreaking event dubbed 'AI Odyssey.' This unique event deviates from traditional finance odysseys by offering users the opportunity to interact with an array of Web3 + AI applications, such as AI-powered text generation, image creation, and video production.

AINN Layer2 is actively engaged with its community, evidenced by its recent participation in major industry events such as the Hong Kong Web 3.0 Spring Summit, BTC L2 Summit, and Token2049 in Dubai. These engagements foster dialogue, the exchange of ideas, and the expansion of the network's reach.

Shaping the Future of Web3 + AI

AINN Layer2 is focused on enhancing the fundamental pillars of decentralized AI. By establishing a supportive ecosystem for AI-based applications, the network aims to attract thousands of AI applications and billions of users, creating a robust and prosperous Web3 + AI ecosystem.

Media Contact:

Yvan N

yvan.ni2077 at gmail.com

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