TL;DR
- The BOB community sale will begin on CoinList on November 10 at 20:00 (Beijing time).
- 400 million tokens (4% of total) will be offered at a price of $0.021 per token, aiming for $8.55M.
- BOB is a hybrid Layer 2 solution that merges Bitcoin’s security with Ethereum’s EVM.
The Bitcoin infrastructure project, BOB (Build on Bitcoin), has announced the details of its anticipated community public sale round. The event will take place on the CoinList launch platform, starting on November 10 at 20:00, Beijing time.
This sale represents a key achievement for the project, which has gained traction for its innovative approach to expanding the Bitcoin network’s utility, seeking to unlock DeFi potential on the world’s largest blockchain.
BOB is positioned as a pioneering hybrid Layer 2 (L2) solution. Its unique architecture aims to combine the best of both worlds: the robust security of the Bitcoin network (leveraging its hash rate and settlement) with the flexibility and compatibility of the Ethereum Virtual Machine (EVM).
This dual approach allows developers to build complex decentralized applications (dApps), from decentralized exchanges to lending platforms, directly on Bitcoin’s infrastructure—an ecosystem traditionally limited in terms of smart contract programmability.
Community Sale Details and Tokenomics
According to the official announcement, the BOB public sale on CoinList has been structured to encourage broad community participation. The event will last exactly 72 hours, ending on November 13 at 20:00 (Beijing time).
The total fundraising target for this round is set at 8.55 million dollars. To achieve this goal, the project will make 4% of the total BOB token supply available, which amounts to 10 billion. This means 400 million tokens will be offered to participants.
The price per token has been set at approximately $0. 021. To manage distribution, subscription limits per account have been set: participants can invest a minimum of $500 and up to a maximum of $250,000. This BOB public sale on CoinList is a crucial step for the project’s funding and the distribution of its governance and utility token before its full market expansion.
