Welcoming Domo! New Advisor at Signal21

Hello!

We’re thrilled to announce that Domo, the visionary behind the BRC20 token standard on Bitcoin and the founder of the Layer 1 Foundation, is joining Signal21 as a data advisor. With his deep knowledge of Bitcoin and its Layer 2 innovations, Domo will play a key role in helping guide Signal21’s data strategies and product development as we continue to deliver top-tier intelligence to Bitcoin builders and investors.

We caught up with Domo to discuss his journey in the Bitcoin space, his thoughts on the BRC20 token standard, and why he’s excited to join the Signal21 team.

Q: Welcome to Signal21, Domo! Can you tell us about your background and what inspired you to create the BRC20 token standard?

Domo: My background is in onchain analytics, primarily in the EVM/SOL ecosystem, where I led the onchain analytics team at a top payments company. I was mainly an NFT trader during the last cycle, and ordinals immediately caught my attention as a strong narrative that brought me back to Bitcoin. At the time, no one was creating dashboards for this emerging space, so I took the opportunity to teach myself UTXO data and grow my brand on Twitter. BRC-20 was intended as just another dashboard, illustrating how to emulate fungibility on Bitcoin. But it quickly turned into much more, leading to the craziest 18 months of my life!

Q: How do you see the future of Bitcoin Layer 2s and the potential for projects like Signal21?

Domo: I think the potential for Bitcoin Layers is massive. Metaprotocols have clearly shown huge demand for asset issuance on Layer 1, but the user experience isn't yet on par with ecosystems like Ethereum and Solana. Layer 2s can add functionality and improve user experience for these assets, while also unlocking Bitcoin’s dormant liquidity. Currently, these are all 'sidechains,' but as we reduce trust assumptions, I believe these layers will become increasingly important to the Bitcoin ecosystem. With that, the need for better tools to analyze them will grow, and that’s where Signal21 stands out—by offering detailed, multi-layered Bitcoin data to help users stay ahead.

Q: You also run the Layer 1 Foundation. Can you tell us more about its mission and how it aligns with your role at Signal21?

Domo: The Layer 1 Foundation was born out of the need for better discourse and development tooling for the metaprotocol community on Bitcoin, similar to what Ethereum Magicians offers. We felt it was essential to create a hub where people could access the latest documentation and resources for standards like BRC-20, democratizing access to tooling. This aligns closely with Signal21's mission of facilitating access to Bitcoin-adjacent data, which is why I was excited to join. In the future, I hope we can explore extending the relationship by hosting Signal21 data on L1F.

Q: What excites you most about joining Signal21 as a data advisor?

Domo: What excites me most is that Signal21 provides exactly the kind of solution I was looking for to continue my onchain analysis in the space. As someone who led an onchain analytics team and built dashboards for emerging spaces like BRC-20, joining Signal21 and shaping its direction was an awesome opportunity. I believe there are a lot of interesting developments on Bitcoin's L1 and L2 that aren't getting the visibility they would on other ecosystems, largely due to a lack of accessible data. I hope Signal21, along with my analysis, can help change that. Bitcoin is becoming more than just a financial tool, and Signal21 is at the forefront of that transformation, offering the critical data insights that will drive the next wave of innovation.

Q: How do you plan to contribute to Signal21’s mission?

Domo: My goal is to provide a clear understanding of how Bitcoin’s evolving layers can be leveraged by developers and investors. I’ll be advising on structuring the data to enhance accessibility and usability, ensuring that Signal21 becomes the go-to source for actionable insights across Bitcoin’s Layer 1 and Layer 2 ecosystems. With my background in building analytics tools and supporting the metaprotocol community, I hope that I can bring a unique perspective on the types of data that builders need to innovate and move faster

Q: Finally, what message do you have for the Signal21 community?

Domo: I’m excited to join Signal21 and contribute to the work already underway. Big ideas often come from exploring onchain data—BRC-20, for example, emerged from me learning UTXO data and experimenting with Ordinals and Sats Names protocols. The next major innovation in the Bitcoin ecosystem could come from what you uncover using Signal21.

Looking Ahead

As Signal21 continues to expand, we remain focused on enhancing our platform and providing our community with valuable tools and insights. To stay updated on our latest developments and get more insights into the Bitcoin ecosystem, follow us on Twitter.

Sincerely,

Jonathan Sadlowe

Co-founder & CEO at Signal21