Description
Midl is a virtual environment that allows users to create and interact with dApps, onchain products, and smart contracts directly on the Bitcoin network, without bridges or third parties. It transforms Bitcoin native assets into utility tokens that can be swapped, staked, and used in real applications just like ERC-20s on Ethereum. Midl enables smart contracts directly on Bitcoin Layer 1, allowing users to build and use native dApps on the Bitcoin network. It also unlocks full utility for Bitcoin-native tokens, enabling trading, staking, governance, and dApp integrations. Additionally, MIDL is a platform designed to bootstrap the Bitcoin ecosystem by allowing users to support emerging dApps. It offers two participation tracks: investors can commit liquidity to promising projects to earn MIDL tokens, with the funds remaining in their own wallets and the ability to cancel anytime. Alternatively, users can earn rewards through a gamified experience called "Journey to the Midlgrounds," where they complete quests on the Bitcoin testnet to earn Gears, convert them to testnet BTC, and multiply their holdings through trading and staking.