Zulu Network

IDO

Last updated: Sep 25, 2024

Zulu is the first Bitcoin Layer 2 to achieve Bitcoin-level security using BitVM2, enabling developers to seamlessly deploy dApps on both EVM & UTXO layers. Zulu is also a recognized key contributor to BitVM, poised to launch the first trust-minimized Bitcoin bridge.

Pre-Seed Round: N/A

Seed Round: $3M

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Overview

Project industry	Blockchain Infrastructure / Ethereum Ecosystem / Bitcoin Ecosystem
Product type	Protocol
Founded	Hong Kong
Whitepaper	Open

What is Zulu Network

Zulu Network is an innovative ZK Bitcoin protocol that enables developers to seamlessly deploy dApps on both EVM & UTXO layers, unlocking native yield and innovation. The EVM and UTXO layers are interconnected through a seamless bridge, facilitating swift asset transfers between them.

The validity of Zulu’s state transitions is verified directly on the Bitcoin Network through a BitVM bridge, introducing Turing-complete programmability to Bitcoin.

This innovative approach enhances the overall functionality and compatibility of the Zulu Network, marking a significant step forward in the realm of DeFi on the Bitcoin blockchain and beyond.

Details

IDO (Paidnetwork Launchpad): TBA - TBA

Legal

Country limitations: Belarus, Canada, Democratic Republic of the Congo, Côte d'Ivoire, Cuba, Islamic Republic of Iran, Iraq, Democratic People’s Republic of Korea, Liberia, Myanmar, Sudan, Syrian Arab Republic, United States of America, Bolivarian Republic of Venezuela, Zimbabwe
Registration year: 2023