Bitcoin's innovation never stops, from the asset distribution mechanism to the underlying technological revolution. With the Ordinals protocol and the BRC20 token standard building a new asset narrative on the Bitcoin network, coupled with new technological innovations on the Bitcoin Layer 2 network and the Lightning network, the Bitcoin ecosystem is now gradually moving towards Turing completeness while maintaining its nativeness.
Recently, Bitland, a Bitcoin Metaverse ecological project, completed an over-fundraising of $103.5 million on the Launchpad platform BakerySwap (hereinafter referred to as Bakery), an over-fundraising of 360 times, which is also the second project of Launchpad on BakerySwap More than 10 exchanges have been registered, and the total market capitalization on Ethereum alone has reached up to $75 million.
At present, Bakery is vigorously supporting the Launchpad business, but compared to Bounce Finance and TurtSat, two platforms that have also received huge attention recently, Bakery has launched fewer projects, mainly attracting users through high-quality routes and strengthening the linkage between various Launchpad projects. At the time of Bitland's launch, it also supported the subscription of its metaverse token $BLLB through $BAKE and $1CAT. Combined with the recent 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's native metaverse platform
The rise of the Bitcoin metaverse marks the continuous maturity of the BTC ecosystem, with the emergence of various NFT protocols and assets, bringing more possibilities to areas such as gaming, staking, and credentials. However, these assets are often confined to separate value silos, lacking sufficient scenarios to link them together. Bitland aims to build a social metaverse to solve this problem, presenting valuable assets on BTC in a more tangible way and inspiring interesting social scenes.
Bitland's ecosystem consists of five core components: Bitland Marketplace, Bitland Map, Bitland World, Bitland Builder, and Bitland DAO. Together, these five sections support players, investors, creators, and brands to provide each character with the opportunities brought by the Bitcoin Metaverse and drive the prosperity of the metaverse economy.
The Bitland marketplace is not only a place to experience the metaverse, but also the core of trading. Here, users can freely explore and trade Bitland metaverse assets, realizing the monetization and royalty income of 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 gateway to the world of Bitland, providing users with the ability to customize their appearance, participate in airdrop events, and get the latest information. Bitland Map has a simple design and will provide intelligent message processing methods in the future, providing users with intelligent assistants to conveniently process messages and understand the metaverse world.
The Bitland world, which consists of Bit City and Bitmap Space, is an immersive 3D digital realm for users to interact and play. Bit City is a Bitcoin Metaverse city that will host a variety of official and unofficial events and provide a variety of social gameplay. Bitmap holders have a unique and personalized space in Bitland World, where every player can enter the Bitmap Space to enjoy the creators' works and experience the activities of the Bitmap Space.
Bitland Builder is a self-service development kit that allows users to create their own scenes, games, and immersive worlds. With AI as the underlying engine, Bitland Builder lowers the barrier to entry for the creation of the Bitcoin metaverse, providing templates and theme packages that make it easy for creators to get started.
Bitland DAO includes ecological project parties, brands, core contributors, and creators, etc., allowing as many users and B-end partners as possible to participate. Bitland DAO is committed to deeply participating in all aspects of the metaverse ecosystem and supporting the residents and builders of the metaverse world.
From this, we can observe that Bitland's goal is to promote the ecological prosperity of the Bitcoin Metaverse through the construction of the social metaverse, and 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, minted primarily on Bitcoin and partially encapsulated on Ethereum, facilitating the liquidity of assets between Bitcoin and the EVM ecosystem.
$BLLB total supply is 10 billion, excluding 50% of the public sale on Bakery, the team holds 5% BLLB (6 months locked and 12 months linear vesting), 10% airdrop quota, 10% staking rewards, and 10% LP. $BLLB completed the IDO on Bakery on December 28, and no specific listing information has been announced as of the time of publication.
In the Bitland metaverse, $BLLB has a dual role, being both a utility token and a governance token. First of all, $BLLB is useful by allowing users to acquire a variety of metaverse assets, including land, avatars, plots, wearable items, and more. Second, users can stake $BLLB to earn rewards and actively contribute to the development of the ecosystem. The project team and community participating in Bitland Maps use $BLLB purchases and consumption to provide users with indexing, and a portion of $BLLB as an incentive for users to drive active community participation.
At the same time, $BLLB also has a governance function, and individuals who hold and stake $BLLB will become Bitland DAO members and be eligible to participate in voting on Bitland's governance proposals. In addition to staking rewards, members will also receive certain ecological incentives, encouraging 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