Interlay is a R&D company focusing on blockchain interoperability. Interlay envisions a future where blockchains seamlessly connect and interact. Interlay’s imminent mission is to make Bitcoin interoperable in a fully trustless and decentralized way. Founded by ex-Imperial College CS PhDs, our products are backed by top-tier scientific papers and collaborate with leading research labs and tech companies around the world.
Kintsugi Labs is a non-profit oriented organization responsible for the Kintsugi launch, whose mission is to support the development and growth of the decentralized network.
interBTC is Interlay’s flagship product - Bitcoin on any blockchain. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant. interBTC will be hosted as a Polkadot parachain and connected to Cosmos, Ethereum and other major DeFi networks.
INTR is interBTC’s governance token, distributed across network participants and used to elect council members and vote on proposals. INTR will be used to govern the interBTC parachain on Polkadot.
Kintsugi is Interlay’s canary network for interBTC, a testnet with real economic value deployed on Kusama (Polkadot’s canary network). Kintsugi and interBTC share the same code base - with the difference that Kintsugi will be 2-3 releases ahead of interBTC with more experimental features.
KBTC is a 1:1 Bitcoin-backed asset on the Kintsugi canary network, deployed on Kusama. It follows the same design as interBTC, yet may feature more experimental functions and parameterizations.
KINT is Kintsugi’s governance token, the Kusama counterpart to INTR.
XCLAIM is the protocol underlying interBTC and KBTC. XCLAIM was invented in 2018, and published as a top-tier, peer-reviewed scientific paper by Interlay founders. You can read the paper here.