Bitcoin Everlight is positioning itself as a new model for building trust in cryptocurrency presales by integrating third-party audits and a structured participation framework from the outset. The project, which is currently in Phase 4 of its presale, has raised over $2.5 million and focuses on addressing Bitcoin scalability challenges through a high-performance transaction layer.
The core innovation is its Shard system, designed to lower technical barriers for participation. Instead of requiring complex infrastructure, users can activate a shard by committing its utility token, BTCL. Entry tiers start at approximately $100 (Jade Shard) and scale up to $3,000 (Radiant Shard), offering annual percentage yields (APY) ranging from 6% to over 28% during the presale phase. Rewards are initially distributed in BTCL but are designed to transition to native Bitcoin (BTC) rewards based on network transaction fees once the mainnet is operational.
To bolster transparency and security, Bitcoin Everlight reports that its smart contracts have undergone audits by firms Spywolf and Solidproof. The project also emphasizes team verification through external KYC providers, optional checkpointing to the Bitcoin blockchain, and a non-custodial participation model.
Technically, the project utilizes a Lightweight Transaction Verification (LTV) model to process payments through a distributed node network, aiming for near-instant confirmations while anchoring final settlement back to the Bitcoin blockchain. The project's whitepaper is currently in its 7th version, detailing ongoing development on routing systems and node infrastructure.
With a total supply of 21 billion BTCL tokens, the project's tokenomics allocate 45% to the public presale and 20% to network rewards. The current presale price is approximately $0.0014 per BTCL, with a target launch price of $0.03110. The project is also preparing for potential future listings on major exchanges like Binance and Coinbase.
