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WebsiteLaunchpool

Bitcoin Proxy Protocol (PRXY)

IDO

BTC Proxy Protocol – Layer-2 Interoperability of BTC and DeFi.

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Overview

Project industryBlockchain Infrastructure / DeFi / Layer-2
Product typeTechnology
WhitepaperBitcoin Proxy Protocol White Paper Open

What is Bitcoin Proxy Protocol

BTC Proxy is a multi-institutional protocol for the decentralized tokenization of Bitcoin on ERC20 utilizing our Proxy Protocol called the Proxy Relay. It gives Bitcoin holders a decentralized bridge to stake their Bitcoin into custody and transfer that value into an ERC20 token without the need for centralized exchanges and systems that exponentially increase the counterparty risk of theft or loss.

BTC Proxy also allows for the transfer of value without price slippage and is independent of liquidity which is a factor that affects exchange prices on Centralized exchanges and Decentralized exchanges.

Details

IDO (Launchpool): TBA - TBA
Token supply: 21,000,000 PRXY
Total tokens for sale: 910,000 PRXY

Legal

Country limitations: USA Ontario, Canada
Registration year: 2017

Token info

Ticker: PRXY
Token standard: ERC20
Token price in USD: 1 PRXY = 1.60 USD
Token distribution:
Community - 50.00%
DAO members - 7.00%
TGE - 4.3%
Treasury & Liquidity for Uniswap - 2.60%
Development team - 3.00%
Advisors & Marketing - 1.60%
Management - 10.00%
Future hires - 8.47%
PRXY partners - 13.00%

Project team

Donnie Kim
Donnie Kim
Founder
Donnie Kim linkedin
Jason Toussaint
Jason Toussaint
Partner
Jason Toussaint linkedin
Vinod Morkile
Vinod Morkile
Lead Blockchain Engineer
Vinod Morkile linkedin
Surendra Kumar
Surendra Kumar
Full Stack Engineer
Surendra Kumar linkedin
Stefan Georgievski
Stefan Georgievski
Business Development
Stefan Georgievski linkedin
Eojin Lim
Eojin Lim
Operations
Eojin Lim linkedin

Advisors

Benjamin Clarke
Benjamin Clarke
Strategic Advisor & Managing
Benjamin Clarke linkedin
Victor JW Lee
Victor JW Lee
DeFi Advisor & Product Lead DAO Ventures
Victor JW Lee linkedin

Social media

Bitcoin Proxy Protocol web-siteBitcoin Proxy Protocol MediumBitcoin Proxy Protocol TelegramBitcoin Proxy Protocol TwitterBitcoin Proxy Protocol FacebookBitcoin Proxy Protocol Github

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