🟧 BitMap Unleashes Bitcoin Metaverse Revolution

Owning Bitcoin Blocks in the Bitmap standard unlocks exciting possibilities

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  • NFT Market - This week we have the introduction of BitMap, the bitcoin metaverse revolution. We talk about it more down below.👇

  • Trending Collections

Today's edition:

  • 🟧 BitMap Unleashes Bitcoin Metaverse Revolution

  • 🆕 Ethereum NFT Burned And Tied To BTC Ordinals Inscription

  • 📌 Move Over Inscriptions, ETHscriptions Are Moving In

  • 🔭 The Rise Of Satoshi Hunters

  • 🔥 A Highly Anticipated NFT Collection Hits Bitcoin Ordinals

  • 🌍 Web3 Usernames May See Greayer Adoption (CoinTelegraph)

  • 🎮 Animoca Brands: Expect Web3 Games IN 24’ (Decrypt)

  • 🚀 Ready Games Launches Tools For Building Web3 Games (Venturebeat)

  • 🔫 Fortnite’s Collab With Nike’s NFT Platform (Decrypt)

  • 🎥 The 'Napoleon Dynamite' Cast Is Finally Back, Thank NFTs (Decrypt)

  • 📃 School Kids Reportedly Phishing Millions In NFTs For Roblox Skins (CryptoNews)

  • 🧑‍🎨 Will ‘Rare Satoshis’ Be The Next Big Crypto Craze? (BeinCrypto)

  • 💹 Web3 Startups Get Security Boost (CoinTelegraph)

  • 🏐 It’s Game On For Web3 (CoinDesk)

  • 💻 Investing In Web3 Is A ‘Hedge Against Disruption’ (CoinTelegraph)

BitMap Unleashes Bitcoin Metaverse Revolution

Owning Bitcoin Blocks in the Bitmap standard unlocks exciting possibilities. Block owners can inscribe transactions as parcels on their blocks, effectively fractionating the block and distributing portions of it to a wider community. This empowers block owners to actively participate in the creation of community-driven spaces within the Metaverse.

Here are the quick facts:

  • Bitmap is an open-source standard that enables anyone to establish ownership of a Bitcoin Block by inscribing it onto a Satoshi using Ordinals and the Bitmap protocol.

  • Through Bitmap, any block on the Bitcoin blockchain can become an integral part of the Metaverse. Platforms can translate the Block Data into immersive 3D environments, granting block owners the ability to build and contribute to the open-source development of their blocks.

  • Through our platform, we aim to educate and engage with enthusiasts about the key differences between Ethereum NFTs and Bitcoin Ordinals, emphasizing the advantages of the latter.

Bitmap's vision extends beyond the present. Proceeds from initial block sales will be reinvested in developing the next layer of tools on the Bitmap standard, fostering a world built upon these unique digital spaces.

Ethereum NFT Burned And Tied To BTC Ordinals Inscription

CryptoPunk #8611 sold for approximately 55 ETH or $95,000 before being burned and symbolically tied to a Bitcoin Ordinals inscription.

Here are the quick facts:

  • This teleburning movement involves siphoning off valuable Ethereum NFTs and linking them to assets on the Bitcoin network.

  • Ordinals, a Bitcoin protocol, allows data to be inscribed onto individual satoshis, creating unique and meaningful assets on the blockchain.

  • The act of burning the NFT signifies a shift in ownership and a desire to explore alternative blockchain ecosystems.

  • This trend was previously observed when a Bored Ape Yacht Club NFT was burned to symbolically shift its underlying chain to Bitcoin.

Move Over Inscriptions, ETHscriptions Are Moving In

Ethscriptions, a new protocol on Ethereum that allows users to create and share digital objects. Developed by Tom Lehman, the project garnered massive interest with nearly 30,000 Ethscriptions created in under 18 hours.

Here are the quick facts:

  • Ethscriptions enable non-financial data to be written into the Ethereum blockchain, leveraging Ethereum calldata for cheaper and more decentralized storage.

  • The protocol guarantees uniqueness of content and has already sparked a frenzy, with Crypto Punks being "ethscribed" and thousands of images inscribed in a matter of hours.

  • Similar to the Ordinals launch on Bitcoin, Ethscriptions showcase the Ethereum community's openness to innovation and experimentation.

The widespread awareness and enthusiasm surrounding Ethscriptions indicate its potential as a new trend in the Ethereum ecosystem.

The Rise Of Satoshi Hunters

Sat hunters, the underground group of individuals searching for and trading rare satoshis. With over 10 million inscriptions on the Bitcoin blockchain, the Ordinals Protocol has unlocked a new wave of innovation.

Here are the quick facts:

  • Sat hunters are on a quest to collect high-value historical satoshis, forming groups like the Rare Satoshi Society and trading billions of dollars worth of Bitcoin.

  • Projects like Nakamoto Whales and the emergence of historically inscribed fungible tokens (BRC-20) add intrigue to the narrative of rare satoshis.

  • Fungible tokens on the Bitcoin network are gaining popularity, with major exchanges joining the movement, and even big brands like Bugatti showing interest.

  • The value and significance of each satoshi have reached new heights, challenging the notion that one Bitcoin is equal to one Bitcoin.

The era of the sat hunters is just beginning.

A Highly Anticipated NFT Collection Hits Bitcoin Ordinals

Web3 influencer Elena is set to launch her exclusive NFT collection, Atomic Ordinals, which has already garnered significant attention with a current bid of 0.4469 BTC. This collection, limited to 250 hand-created pieces, holds historical significance and embodies Elena's vision for a thriving crypto world.

Here are the quick facts: 

  • Elena, a renowned figure in Web3, is creating a buzz with her upcoming NFT collection, Atomordinals, with a current bid of 0.4469 BTC, positioning it as this month's most talked-about ordinal mint.

  • Atomordinals represents Elena's diverse interests and her aim to promote a healthy crypto world. This exclusive on-chain abstract art collection is inscribed on rare Bitcoin Sats, emphasizing its historical significance and uniqueness.

  • At the core of the collection is the symbolic "Heart of Genesis," inscribed on a Block 9 sat mined by Satoshi Nakamoto in 2009. This piece holds great provenance and historical value.

The centerpiece, "Heart of Genesis," inscribed on a sat mined by Satoshi Nakamoto, is up for auction, while whitelist holders will have the opportunity to mint the remaining 200 NFTs through Magic Eden on Bitcoin.

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