⚠️ Heads up on OP_NET (opnet.org)
VC-backed project trying to layer smart contracts onto Bitcoin L1. Framed as “no sidechains, no bridges” but it’s still a consensus layer bolted on top, with BTC as gas.
Funded by Arcanum Capital and Further Ventures (UAE-based Web3 VC). Incorporated in Bermuda. 2 employees. Mainnet launched March 2026.
This is the Ethereum casino playbook applied to Bitcoin. VCs need an exit. You’re the liquidity.
Rug the spammers.
#Bip110
VC-backed project trying to layer smart contracts onto Bitcoin L1. Framed as “no sidechains, no bridges” but it’s still a consensus layer bolted on top, with BTC as gas.
Funded by Arcanum Capital and Further Ventures (UAE-based Web3 VC). Incorporated in Bermuda. 2 employees. Mainnet launched March 2026.
This is the Ethereum casino playbook applied to Bitcoin. VCs need an exit. You’re the liquidity.
Rug the spammers.
#Bip110
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