Unleash True Bitcoin DeFi

The $ATMQ Token generation event will be in late Q2. Stay tuned for exact dates and details coming soon.

We are currently in the final stages of negotiations with various tier 1 launchpads and are also in discussion with a number of centralized exchanges for $ATMQ to be listed on.  Once finalized, we will make the announcements across all our channels.

Initially, you will be able to purchase $ATMQ through the launchpads. After the launchpads, we will list on top centralized exchanges, where you will also be able to buy $ATOMIQ. We are in the final stages of discussion with Launchpad and exchanges and will make the announcements once finalized.

Atomic swaps, often described as the “holy grail” of interoperability in the world of blockchain, are a type of smart contract technology that enables the exchange of cryptocurrencies on different blockchains without using wrapped tokens.

An atomic swap involves creating a Hashed Time Lock Contract (HTLC), a type of smart contract that ensures an all-or-nothing simultaneous transfer of assets. In essence, either both parties successfully exchange their crypto, or the transaction doesn’t take place at all. 

Atomiq DeFi is developing a Decentralized Exchange (DEX) for atomic swaps, which will enable you to swap native Bitcoin for stablecoins or any MLS-based token on the Mintlayer network.

An atomic swap involves creating a Hashed Time Lock Contract (HTLC), a type of smart contract that ensures an all-or-nothing simultaneous transfer of assets. In essence, either both parties successfully exchange their crypto, or the transaction doesn’t take place at all. 

Atomiq DeFi is developing a Decentralized Exchange (DEX) for atomic swaps, which will enable you to swap native Bitcoin for stablecoins or any MLS-based token on the Mintlayer network.

We wanted to be a part of unlocking Bitcoin DeFi to the masses. However, we saw that the only current options for accomplishing DeFi on Bitcoin were either building on layer 1 with protocols like Ordinals, which congested the Bitcoin network and had limited functionality, or accessing DeFi through the use of some kind of wrapped form of Bitcoin, which introduced more counterparty risk to the user. Then we found out about the Mintlayer protocol that used a separate layer 2 sidechain it eliminated congestion issues that plagued layer 1 protocols, and with their Atomic Swaps technology, they eliminated the need and risks associated with wrapped tokens. On top of this, the protocol is built from the ground up using Rust for node development, with extensive testing and a primary focus on security and reliability. 

Because of these factors, we see Mintlayer as the best new protocol to build on in the current Bitcoin DeFi ecosystem.

Atomiq DeFi initially received $1.5 million from the Mintlayer Ecosystem fund, which not only helped with funding but also incubated and continues to guide Atomiq DeFi to success.

Currently, the company is about to close a $3 million seed round and has already secured its led investor, X21 digital. Many other notable venture capital firms are joining the round, such as AlphaBit Fund, NXGen, Dutch Crypto Investors (DCI Capital), Spicy Capital, and Altcoin Buzz.

The Mintlayer Ecosystem Fund consists of an incubator, an accelerator, and a grant initiative. It seeks to help build the Bitcoin DeFi ecosystem by funding and nurturing concepts to fruition and accelerating the growth of larger projects. 

What makes Atomiq DeFi unique is that it is the first to build a suite of dApps powered by Mintlayer Atomic swaps. These Atomic swaps are unique in the space because they allow direct Bitcoin use within dApps without the need for wrapped tokens or centralized intermediaries. Most other current projects either build on layer 1 or use layer 2 but use DeFi through wrapped, pegged, or federated tokens.