According to PANews, Ligo Network, a BTC layer2, has officially announced the launch of its mainnet. The network has also passed the due diligence and KYC verification of the IDO platform, Fjord Foundry. The IDO of Ligo Network officially began on May 23rd and continued until 12:00 pm (UTC+8) on May 26th.
Fjord Foundry, as a liquidity bootstrapping pool (LBP) platform, has so far successfully helped multiple projects raise over $954 million in funds. Some of these projects include NuLink, which raised $5.2 million, XSwap with $2.74 million, FJO with $15.35 million, APUFF with $9.05 million, and Zero1, which raised $10.78 million.