Greener, faster Bitcoin L2 sets TGE for Aug 27 with 1m+ users already onboard

Bitcoin Layer-2 project IBVM gains traction with 1m+ Telegram users, 100k wallets ahead of its August 27 Token Generation Event.

Delaware, July 2025 — Bitcoin Layer-2 solutions have gained significant momentum in recent years, and International Bitcoin Virtual Machine (IBVM) has emerged as a top contender. 

The project has already attracted over 1 million users to its Telegram airdrop bot, boasts more than 100,000 active wallets, and its mobile wallet holds a strong 4.8-star rating. With its Token Generation Event (TGE) slated for August 27, IBVM — a Delaware-registered company — is now in advanced discussions with leading exchanges and top-tier venture capital firms.

Meet the founding team behind IBVM

IBVM is chaired by renowned jazz musician and blockchain evangelist Albert Dadon, and helmed by CEO John Sajadi, with deep business and operations experience.

The project’s core team also includes:

• Alok Agrawal, as CTO, spearheads the development of IBVM’s zero-knowledge proof system and its foundational Layer-2 protocol stack.
• Romil Jain, as COO, plays a pivotal role in aligning core operations with IBVM’s long-term vision. 

Both Alok and Romil are co-founders of Quest Global Technologies — ranked the 4th Best Blockchain Development Company globally, known for delivering web3 projects across DeFi, NFTs, and Metaverse for enterprise clients.

Scaling with real-world utility

IBVM’s recent AMA on Binance Live shed light on the project’s rapid development:

• 100+ smart contracts are live on its testnet, with its faucet open for developers.
• No wrapped BTC: IBVM makes native Bitcoin programmable directly.
• Localized interfaces: IBVM offers localized interfaces with multilingual support and an onboarding experience designed for users in Africa, Southeast Asia, and Latin America.
• A Deflationary Black Hole Mechanism that burns tokens, rewarding long-term users and reducing supply.
• Seamless multi-chain access via the IBVM Wallet: Users can connect to 45+ blockchains from a single dashboard.
• Ongoing work to connect with fiat payment providers, which will enable users to move between traditional currencies and IBVM more easily. This will support everyday use cases, including purchases, transfers, and local commerce.

Key milestones 

• More than 1,000,000 users have joined IBVM’s rewards bot on Telegram since launch.
• 100,000+ Wallets Created.
• The IBVM testnet currently hosts 119 deployed smart contracts.
• 4.8-star App Rating from 11,000+ reviews on Google Play.
• $20 Million Secured from Rollman – as reported by Cointelegraph
• In talks with Top 5 Global Exchanges: targeted listing in early October
  TGE Date: August 27, 2025
• Target: IBVM is now aiming to raise an additional $20 million as part of its ongoing strategic round.

Why IBVM is built to win

IBVM brings real utility to Bitcoin Layer-2. Here’s what sets it apart:

• Low-Energy by Design – Scalable and eco-friendly from the start.
• Fast & Cheap – High-speed transactions with near-zero fees.
• Built-in Impact – Part of protocol revenue supports hunger relief.
• Early Users Win – Fair tokenomics with big upside at TGE.
• Proven Team – No fluff, just builders focused on real use.

Early adopters may qualify for special rewards, TGE-related bonuses, and priority access to future features.
Watch this video to see how simple it is to claim and manage rewards using the IBVM Rewards Bot.

Project background and team vision

The IBVM leadership team combines decades of expertise in blockchain technology, finance, and community building, committed to delivering a scalable and sustainable Bitcoin Layer-2 ecosystem.

•  John Sajadi – CEO 
• Albert Dadon – Chairman 
• Alok Agrawal – CTO 
• Romil Jain – COO 

About IBVM

IBVM is a Bitcoin-native next-gen rollup and scaling solution focused on scalability, community participation, and real-world adoption. Its mission is to empower users through speed, low fees, and socially impactful tokenomics — proving that scalability and sustainability can go hand-in-hand.

For more information, visit the official website, participate by downloading the Airdrop bot on the Play Store and App Store.