With only two weeks remaining, the Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has only 14 days until the presale closes and the token becomes available for public trading. In only 16 days since it launched, it has raised an impressive amount, and the team is optimistic that the pace will increase from now on.
Equally, the growth of the Bitcoin Dogs community is showing no signs of slowing down. Across its core social channels, the following has broken the 100k mark, with over 110k followers on Twitter and over 19k in the official Telegram group.
Bitcoin Dogs’ noteworthy community makes it a candidate to lead the rapidly growing Bitcoin gaming sector.
The Bitcoin Dogs team is all about breakthroughs using the OG chain, and the developers are experimenting with BRC-20 and Ordinals code to bring the best possible gaming experience to the world’s biggest blockchain.
Bitcoin gaming goes barking mad
The world of GameFi came to Bitcoin Ordinals in 2023, with GameFi predicted to be worth $90 billion by 2031.
If Bitcoin Dogs follows in the footsteps of similar projects, it could be looking at a $1 billion market cap. It shares plenty of DNA with first-gen GameFi efforts like Axie Infinity and The Sandbox, which are both comfortably above the $1 billion mark now and reached highs of $9.7 billion and $6 billion, respectively, during the last bull run.
Bitcoin Dogs is similar to Axie Infinity in that it involves raising digital pets, play-to-earn (P2E) mechanics, as well as player-vs.-player battles, the main difference being that Bitcoin Dogs’ retro design and the game are both directly tied to the king of all blockchains. Implementing tried and tested gameplay that the market loves, alongside innovations like the Bitcoin Ordinals NFT collection that’s soon to launch, all set out a clear path to $1 billion.
Building on Bitcoin, done better
There are challenges to making GameFi work on Bitcoin, but Bitcoin Dogs has plenty of clever tricks to get around them. For one, the immutability of the chain comes at the expense of speed and convenience, so other projects have chosen less secure chains to call home.
Bitcoin Dogs solves this dilemma using hybrid and off-chain architectures to keep things running smoothly. All assets (that’s dog NFTs, in-game currency, and marketplace activity) are stored on the Bitcoin blockchain to ensure maximum security. This is exactly what Ordinals was made for.
But to make the game ultra-playable for the community, everyday stuff happens off-chain. That means the dog breeding, races, and social activity don’t need to wait for confirmations, and Bitcoin blocks don’t get filled with too much data. The game runs faster, and there’s less congestion on the network.
Going forward, the team is looking for ways to make the gaming experience even better without sacrificing the permanence the users all love about Bitcoin. Cross-chain interoperability is one option: the complicated stuff can happen on chains built for dApps, while assets are stored on BTC.
Layer 2 options are being looked at, too. Layering protocols like Stacks are great for building at scale on Bitcoin, and rest assured that the Bitcoin Dogs team is exploring every avenue to keep things both smooth and secure as the community grows.
0DOG is currently in stage 6. And with 14 days to go, the last day to get involved in the world’s first BRC-20 ICO is the 15th of March, when the presale will be at stage 10.
0DOG is currently priced at $0.0281 and is available on the official website.
About Bitcoin Dogs
Bitcoin Dogs (https://bitcoindogs.club) is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.
With only two weeks remaining, the Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has only 14 days until the presale closes and the token becomes available for public trading. In only 16 days since it launched, it has raised an impressive amount, and the team is optimistic that the pace will increase from now on.
Equally, the growth of the Bitcoin Dogs community is showing no signs of slowing down. Across its core social channels, the following has broken the 100k mark, with over 110k followers on Twitter and over 19k in the official Telegram group.
Bitcoin Dogs’ noteworthy community makes it a candidate to lead the rapidly growing Bitcoin gaming sector.
The Bitcoin Dogs team is all about breakthroughs using the OG chain, and the developers are experimenting with BRC-20 and Ordinals code to bring the best possible gaming experience to the world’s biggest blockchain.
Bitcoin gaming goes barking mad
The world of GameFi came to Bitcoin Ordinals in 2023, with GameFi predicted to be worth $90 billion by 2031.
If Bitcoin Dogs follows in the footsteps of similar projects, it could be looking at a $1 billion market cap. It shares plenty of DNA with first-gen GameFi efforts like Axie Infinity and The Sandbox, which are both comfortably above the $1 billion mark now and reached highs of $9.7 billion and $6 billion, respectively, during the last bull run.
Bitcoin Dogs is similar to Axie Infinity in that it involves raising digital pets, play-to-earn (P2E) mechanics, as well as player-vs.-player battles, the main difference being that Bitcoin Dogs’ retro design and the game are both directly tied to the king of all blockchains. Implementing tried and tested gameplay that the market loves, alongside innovations like the Bitcoin Ordinals NFT collection that’s soon to launch, all set out a clear path to $1 billion.
Building on Bitcoin, done better
There are challenges to making GameFi work on Bitcoin, but Bitcoin Dogs has plenty of clever tricks to get around them. For one, the immutability of the chain comes at the expense of speed and convenience, so other projects have chosen less secure chains to call home.
Bitcoin Dogs solves this dilemma using hybrid and off-chain architectures to keep things running smoothly. All assets (that’s dog NFTs, in-game currency, and marketplace activity) are stored on the Bitcoin blockchain to ensure maximum security. This is exactly what Ordinals was made for.
But to make the game ultra-playable for the community, everyday stuff happens off-chain. That means the dog breeding, races, and social activity don’t need to wait for confirmations, and Bitcoin blocks don’t get filled with too much data. The game runs faster, and there’s less congestion on the network.
Going forward, the team is looking for ways to make the gaming experience even better without sacrificing the permanence the users all love about Bitcoin. Cross-chain interoperability is one option: the complicated stuff can happen on chains built for dApps, while assets are stored on BTC.
Layer 2 options are being looked at, too. Layering protocols like Stacks are great for building at scale on Bitcoin, and rest assured that the Bitcoin Dogs team is exploring every avenue to keep things both smooth and secure as the community grows.
0DOG is currently in stage 6. And with 14 days to go, the last day to get involved in the world’s first BRC-20 ICO is the 15th of March, when the presale will be at stage 10.
0DOG is currently priced at $0.0281 and is available on the official website.
About Bitcoin Dogs
Bitcoin Dogs (https://bitcoindogs.club) is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.
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- Source: https://www.financemagnates.com//thought-leadership/only-14-days-left-before-the-first-presale-on-the-bitcoin-blockchain-ends/
