Bitcoin’s innovation has never stopped, and everything from the asset distribution mechanism to the underlying technological revolution is developing rapidly. As the Ordinals protocol and the BRC20 token standard build a new asset narrative on the Bitcoin network, coupled with new technological innovations on the Bitcoin second-layer network and the Lightning Network, the Bitcoin ecosystem is now gradually maintaining its originality while also Moving towards Turing completeness.
Recently, Bitland, the Bitcoin Metaverse ecological project, completed over-funding of US$103.5 million on the Launchpad platform BakerySwap (hereinafter referred to as Bakery), with an over-funding of 360 times. This is also the second project on Launchpad on BakerySwap. As of the time of publication, Bakery Bitcoincat, the first project on Launchpad, has been logged into more than 10 exchanges, and the total market value on Ethereum alone has reached a maximum of 75 million US dollars.
Currently, Bakery is vigorously supporting the Launchpad business. However, compared to Bounce Finance and TurtSat, two platforms that have also received huge attention recently, Bakery has launched fewer projects. It mainly attracts users through high-quality products and strengthens the linkage between various Launchpad projects. . When Bitland launched, it also supported the subscription of its metaverse token $BLLB through $BAKE and $1CAT. Combined with the recent help from the Bitcoin ecosystem and the Launchpad model, Bakery’s token $BLLB is expected to become the second important economic support for the Bakery ecosystem after $1CAT.
Bitland: Bitcoin-native metaverse platform
The rise of the Bitcoin Metaverse marks the continuous maturity of the BTC ecosystem, and the emergence of various NFT protocols and assets, bringing more possibilities to areas such as gaming, staking and certificates. However, these assets are often limited to independent islands of value, lacking sufficient scenarios to link them. Bitland aims to build a social metaverse to solve this problem, display valuable assets on BTC in a more concrete way, and stimulate interesting social scenarios.
Bitland's ecosystem includes five core components: Bitland Market, Bitland Map, Bitland World, Bitland Builder and Bitland DAO. Together, these five parts support players, investors, creators, and brands, providing each character with opportunities brought by the Bitcoin Metaverse and promoting the prosperity of the Metaverse economy.
The Bitland market is not only an experience place for the Metaverse, but also the core of transactions. Here users can freely explore and trade Bitland Metaverse assets to realize monetization and royalty income for creators. Assets achieve an efficient and secure trading experience in the market through the BRC420 protocol, meeting the needs of professional traders and Metaverse residents.
The Bitland map is the entrance to the Bitland world, providing users with the ability to customize their appearance, participate in airdrop activities, and obtain the latest information. Bitland Map has a simple design. In the future, it will provide intelligent message processing methods and provide users with intelligent assistants to conveniently process messages and understand the world of the Metaverse.
The Bitland world consists of Bit City and Bitmap Space, an immersive 3D digital realm for user interaction and gaming. Bit City is a city in the Bitcoin Metaverse that will host various official and unofficial activities and provide a variety of social gameplay. Bitmap holders have a unique personalized space in Bitland World. Every player can enter Bitmap Space to appreciate the works of creators and experience Bitmap Space activities.
Bitland Builder is a self-service development toolkit that allows users to create their own scenarios, games and immersive worlds. Using AI as the underlying engine, Bitland Builder lowers the threshold for creation in the Bitcoin Metaverse and provides templates and theme packages to enable creators to easily get started.
Bitland DAO includes ecological project parties, brands, core contributors and creators, etc., allowing as many users and B-side partners to participate as possible. Bitland DAO is committed to being deeply involved in all aspects of the Metaverse ecology and providing support to the residents and builders of the Metaverse world.
From this we can observe that Bitland’s goal is to promote the ecology of the Bitcoin Metaverse to become more prosperous through the construction of a social metaverse , and to promote more interesting social scenarios between valuable assets on BTC and users.
$BLLB: Bitcoin’s first Metaverse token
$BLLB is the main token in the Bitland Metaverse ecosystem. It is mainly minted on Bitcoin and is partially encapsulated on Ethereum, which promotes the liquidity of assets between Bitcoin and the EVM ecosystem.
The total supply of $BLLB is 10 billion. Excluding 50% of the public sale on Bakery, the team holds 5% of BLLB (6-month lock and 12-month linear unlock), 10% of the airdrop quota, and staking rewards Accounting for 10%, LP accounts for 10%. $BLLB completed its IDO on Bakery on December 28. As of the time of publication, no specific listing information has been announced.
In the Bitland Metaverse, $BLLB has a dual role as both a utility token and a governance token. First, $BLLB provides utility by allowing users to acquire various Metaverse assets, including land, avatars, tiles, wearable items, and more. Secondly, users can stake $BLLB to earn rewards and actively contribute to the development of the ecosystem. Project teams and communities participating in the Bitland map need to use $BLLB purchase and consumption to provide indexes for users, while a part of $BLLB serves as user incentives to promote active participation in the community.
At the same time, $BLLB also has a governance function. Individuals who hold and pledge $BLLB will become members of Bitland DAO and are eligible to participate in voting on Bitland's governance proposals. In addition to staking rewards, members will also receive certain ecological incentives to encourage them to actively participate in the development and decision-making process of the ecosystem. The multiple uses of $BLLB make it an integral part of the Bitland ecosystem, providing users with a comprehensive and rich Metaverse experience.
Related Links
Official website: https://Bitland.zone/
Twitter: https://twitter.com/Bitland_zone
Telegram: https://t.me/Bitland_zone
