Horizon ($HRZN) will launch on December 15, 2023, as the first protocol to enable BRC20-ERC20 cross-chain liquidity. $HRZN will be the first BRC20 token ever to be first inscribed on BTC and wrapped to ETH as an ERC20. $HRZN will launch as a utility token for the protocol’s wrapped ETH-BTC solution. The products under development include a wrapped BRC20 launchpad and an unwrapping mechanism from ETH to BTC. The protocol will be responsible for maintaining a 1:1 peg and for holding custody of the underlying BRC20 asset. 90% of the entire token supply will be claimable in the liquidity addition event, with the team holding 10% for future fundraising endeavors. Horizon ($HRZN) will have a total supply of 1,000,000. There will be no lockup, no vesting, no staking, and no scheduled buybacks.
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