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To create a new way for builders to experiment and innovate with usable decentralization while retaining Bitcoin security.
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BOB - or Build On Bitcoin - is a tool for DeFi and innovation across a number of Bitcoin experimentations and uses. Using a Layer-2 tool that builds upon Bitcoin and Ethereum ecosystems, it merges security and liquidity and aims to pave the way for further innovation within the cryptocurrency market.
Regardless of Bitcoin’s volatility, BOB’s use as a tool within the system means that it has plenty of uses regardless of value. Its functions include developer resources and smart contracts.
With $1.2 million raised in seed funding, BOB plans to broaden its Layer-2's presence within the crypto ecosystem, driving further adoption and innovation.
Freddie
Company Specialist at Welcome to the Jungle
Jul 2024
$1.6m
SEED
Mar 2024
$10m
SEED
Alexei Zamyatin
(CEO)Also the CEO of Distributed Crafts. Previously Advisor at Boston Consulting Group, Researcher at SBA Research and a Research Assistant at Imperial College London.
Dominik Harz
(CTO)Also the CTO at Distributed Crafts and Co-Founder of the Interlay Network. Previously Research Assistant at Imperial College London.