Flash Protocol price

FLASH

#3684

Flash is the largest Bitcoin native NFT issuance platform powered by Taproot to boost GameFi, AI & Meme culture on Bitcoin.

Flash Angel Hub is a donation platform for early stage visionary projects, with communities around the globe in Europe, Korea, Vietnam, Philippines and launchpad partners with LeverFi, Enjinstarter, AITech, BRC20 etc.

Flash Protocol offers four key use cases: 1) Initial assets and NFT issuance, a 100% permissionless and cost effective process 2) BTC Angel Hub, a Gitcoin-like platform to support Taproot ecosystem projects 3) Marketplace designed specifically for enhancing asset liquidity 4) BTCFi on Flash Chain

For NFT issuance, Taproot’s integration of Schnorr signatures and MAST (Merkle Abstract Syntax Trees) not only improves privacy and efficiency but also creates the necessary environment for the execution of NFT-related smart contracts on Bitcoin.Leveraging it, within a week of its launch, Flash Protocol facilitated the minting of a staggering 600,000 Taproot Assets NFTs, showcasing the immense potential of this new paradigm. Unlike NFTs on other blockchains, Taproot Assets NFTs boast several distinct advantages. These advantages include leveraging the robust security of the Bitcoin network, as Flash Protocol’s innovative approach involves a strategic routing to the cryptocurrency’s mainnet, leveraging its security and transparency. Flash Protocol was first to move into the market and its first-mover advantage was reflected in the sheer volume of Taproot Assets NFTs minted in a single week, showcasing strong demand for Bitcoin native assets.

Following the asset issuance, A BTC angel hub is in place for distribution. It helps channel BTC angels’ donations into projects launched, bringing together two parties of Taproot assets project creators and BTC investors. In return, the projects funded will give back donors with project tokens issued. In the meanwhile, a match pool will fund those projects based on a mathematical formula. The whole BTC angel hub mechanism models after that of Gitcoin whereby the match pool is in place to support top Taproot assets projects based on the number of donors rather than total donation raised . The match pool will be funded by prior projects who successfully exited, making the BTC angel hub ecosystem self-sustaining . With the help of BTC Angel Hub, Flash protocol helps emerging Taproot Assets projects to be easily distributed and accelerated.

The next leap, FlashVM, is built on a dedicated chain, the Flash Chain, developed with interoperability and customizability in mind. The dedicated Flash Chain is the bedrock upon which FlashVM stands. FlashVM is envisioned as a computational engine that brings smart contract-like functionalities to Bitcoin. This powerful combination will enable a suite of decentralized finance (DeFi) activities including staking, lending, and swaps, in what is known as BTCFi, or decentralized finance on Bitcoin.

Flash Protocol has so far partnered with top-tier projects including Elfin Metaverse (led by Binance), MultiBit, Bitstable, Polyhedra (led by Polychain), PortalDefi (led by Coinbase) and Lorenzo Protocol (led by Binance) with a lot more in the pipeline.

Flash Protocol product is now live, with the initial function of Initial Asset and NFT Issuance, BTC Angel Hub and Marketplace. The connected wallet # has reached 50,000+. More functions to come in the near future.

Investors for Flash include Signum Capital, Cogitent Investment Group, Pentos Ventures (LP of Waterdrip / Satoshi Labs), Portico Ventures, Rarestone Ventures, Innovion, brc20.com, PortalDefi, angels from TRGC and ex-Polygon management, etc.