Unleashing the Power of BTC Interoperability:
Announcing Livetree and Interlay Integration
In the ever-evolving world of blockchain technology, bridging the gap between networks, especially the largest network, namely, Bitcoin (BTC) is the key to unlocking unparalleled value. Today, we’re thrilled to announce that Livetree has formed a strategic integration with Interlay, a tech powerhouse known for its prowess in facilitating seamless Bitcoin (BTC) asset transfer between diverse blockchain ecosystems.
This integration promises to revolutionize the blockchain experience for our three main audience groups: Livetree’s Moonbeam and Moonriver Collective users, DeFi enthusiasts and Developers.
Unleashing Moonbeam & Moonriver Livetree Collective Users
Users who have minted their Livetree Collective DAO on Moonbeam and Moonriver, rejoice! No longer will you have to grapple with the constraints of centralized exchanges when you wish to transfer value between different blockchains like Bitcoin and Polkadot. With Livetree Collectives, Moonbeam, and Moonriver users can now seamlessly withdraw their Livetree earnings (in GLMR/MOVR) from their Treasury and using Interlay convert it to BTC. Essentially, if you choose Moonbeam or Moonriver when creating your free Livetree Collective DAO, when your Collective earns income (from ticket sales, NFT sales, pay-per-view videos or any post using your hashtag) you’ll be able to convert your Collective’s treasury from Moonbeam GLMR to Interlay’s iBTC, a decentralized 1:1 Bitcoin-backed asset. Likewise, if you choose Moonriver you’ll be able to convert MOVR to Interlay’s kBTC. Once you have it in either iBTC or kBTC you can move it around the Polkadot parachain ecosystem or convert it to BTC. Download the Livetree App today and enjoy true multi-chain support.
Revitalizing DeFi Users
DeFi users, we’ve got you covered. Interlay’s integration opens up a world of Bitcoin possibilities for your yield farming, trading, and other DeFi activities. Access liquidity on various blockchain networks using the Livetree Collective Treasury. The fusion of Livetree and Interlay is set to unlock a range of new BTC/GLMR/MOVR DeFi opportunities across the Polkadot ecosystem. Explore the possibilities, join our Telegram group.
Empowering Livetree App Developers (coming soon)
As a developer, wouldn’t you relish the opportunity to build interoperable applications on top of blockchain networks with ease? This integration offers exactly that. Livetree’s open framework (watch out for the upcoming announcements) allows you to develop cutting-edge apps, games, and filters that integrate with Livetree Collectives while facilitating Interlay payouts. Create, innovate, and monetize in ways you never thought possible. Join our developer community.
Beyond these tangible benefits, our collaboration with Interlay also provides enhanced security through non-custodial wallets, efficient off-chain and on-chain transactions via our dApp, seamless transfer of value between different blockchain networks, transparent governance, and an unparalleled user-friendly experience via our iOS/Android app.
Our integration with Interlay isn’t just a step forward; it’s a leap towards an interconnected future where blockchain technology realizes its full potential. Come, be a part of this groundbreaking journey. Join our Telegram communities today. Let’s build the future, together.
(Some deep-thoughts for those of you out there who dig a library visit). Way back in 1971, Noam Chomsky envisioned the kind of revolutionary system of social organisation realised by Livetree, during a debate with Michel Foucault. Chomsky decribed
“a decentralised system of free associations incorporating economic as well as social institutions [is] the appropriate form of social organisation for an advanced technological society”.
We are applying ourselves to the realisation of a new social framework. This is the future.
