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GOAT Network

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GOAT Network is a Layer 2 scaling solution for Bitcoin, aimed at enhancing security, liquidity, and yield generation for BTC holders. It addresses scaling and security concerns with a decentralized sequencer and Bitcoin Script-based locking mechanism.

Pre-Series A Round: $5M

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Medium
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FoundedUnited States
Registration year2024
Ecosystems

What is GOAT Network

GOAT Network is a Layer 2 scaling solution for Bitcoin, aimed at enhancing security, liquidity, and yield generation for BTC holders. It addresses scaling and security concerns with a decentralized sequencer and Bitcoin Script-based locking mechanism. The network employs an Optimistic Challenge Process to verify off-chain computations on Bitcoin. Users can lock BTC to mint goatBTC on the Layer 2 network, enabling yield generation.

GOAT Network seeks to redefine Bitcoin’s role in the crypto ecosystem by enabling BTC and DOGE holders to actively participate in DeFi, secure the network, and grow a supportive community. It aims to move beyond one-time airdrops or speculative hype, focusing instead on sustainable economic models where every on-chain action (e.g., swaps, farming, or supplying assets) benefits both the individual and the collective.

Main features GOAT Network:

  • It combines Bitcoin’s security with Layer 2 scalability and DeFi utility.
  • It embraces memecoin culture (e.g., DOGE integration) while maintaining a serious technical foundation.
  • Its partnerships and developer incentives signal a commitment to building a comprehensive ecosystem.

Funding Details

Funds Raised (as of now) 5,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Cuba, the Crimea, Donetsk, and Luhansk regions of Ukraine, Iran, North Korea, or Syria.

Project team

Kevin Liu
Kevin Liu
Co-Founder and CEO
Kevin Liu linkedin-team
Jian (Eric) Wang
Jian (Eric) Wang
Chief Innovation Officer
Jian (Eric) Wang linkedin-team

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