Why the BOB ICO is a good opportunity
TLDR:
- BOB is the leading BTC L2
- Low FDV at TGE of $165M
- Triggers for growth after TGE
- BTC L2 premium
1. Leading BTC L2
BOB ranks first in TVL volume among all Bitcoin L2 networks. Moreover, its user activity is significantly higher than on similar networks, many of which only simulated it.
2. Low valuation of $165M
This valuation appears objectively undervalued. A network with a TVL of almost $300M cannot be valued at half that. Look at Optimism (6), Arbitrum (1), Movement (3), and Mantle (22).
The situation is similar with Bitcoin L2 - you can see this in post:
Furthermore, this is even lower than the last round for VC. How often have you seen cases like this lately?
3. Triggers for growth after TGE
Aave plans to launch on the BOB network and provide incentives for liquidity inflows.
Just a quick note:
--- BOB will be the 1st BTC L2 to deploy Aave ---
Why? Because the Aave DAO sees great value in this network, as it is BTC-oriented and can be used for BTC's main use case - collateral.
Furthermore, a new use case is expected to emerge – Aave – BOB – Solv, which could spur the project's growth.
Furthermore, the team is currently actively attracting BTC whales and is close to solving this problem with the launch of trust-minimized BitVM, which ensures reliability for BTC holders and self-custody.
4. BTC L2 Premium
Even weak Bitcoin L2 networks, where there is no real activity, are valued at hundreds of millions of dollars.
Why?
- The market and investors believe in the global idea of BTCfi and are willing to pay more to be part of this sector.
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According to my subjective estimates, the current fair value of BOB is in the range of $400-500M. Therefore, the current sale is a no-brainer event.
Not Financial Advisory

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