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The composability DID protocol BRC-137 in the Bitcoin ecosystem has announced the completion of a $2.5 million seed funding round, with participation from Basics Capital, DFG, Gate.io, JSquare, and others. The funds will be used to accelerate the development and growth of the protocol. According to the BRC-137 whitepaper, the protocol aims to build a DID ecosystem by introducing composable prefixes and suffixes, enhancing asset liquidity. Additionally, the protocol introduces a royalty mechanism to encourage the development and innovation of on-chain social patterns. |
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