Bitcoin Dogs ICO Raises $5.7 Million by Pioneering BRC-20 and Bitcoin Gaming – Blockchain News, Opinion, TV & Jobs

adminMarch 2, 2024

London, UK, March 1, 2024, Chainwire

The Bitcoin Dogs presale for the first coin on the Bitcoin blockchain has raised a total of $5.7 million since February 14. Bitcoin Dogs, the world’s first ICO for BRC-20, has 14 days left until pre-sale ends.

The growth of the Bitcoin Dogs community shows no signs of slowing down. Our following across our core social channels has surpassed 100,000 and we have over 110,000 followers. Twitter There are more than 19,000 members in the official Telegram group.

The Bitcoin Dogs team is focused on innovating with the OG chain, and developers are experimenting with BRC-20 and Ordinals code to deliver the best gaming experience on the world’s largest blockchain.

Bitcoin Dogs Achieves $1 Billion Goal Through Convergence of GameFi and Ordinals

The World of GameFi Enters Bitcoin Ordinals in 2023 GameFi is expected to be worth $90 Billion by 2031.

Bitcoin Dogs is similar to Axie Infinity in that it includes digital pet ownership, play-to-earn (P2E) mechanics, and player versus player combat. The main difference is Bitcoin Dogs’ retro design and game. Both are directly connected to the king of all blockchains. Implementing the proven gameplay the market loves along with innovations like the upcoming Bitcoin Ordinals NFT collection all present a clear path to $1 billion.

Building on Bitcoin delivers better results

There are challenges in making GameFi work on Bitcoin, but Bitcoin Dogs has a lot of clever tricks to solve these problems. First of all, the immutability of the chain comes at the expense of speed and convenience, so other projects have chosen less secure chains.

Bitcoin Dogs solves this dilemma using hybrid and off-chain architecture to maintain smooth operations. All assets (dog NFTs, in-game currency, marketplace activity, etc.) are stored on the Bitcoin blockchain for maximum security. That’s why Ordinals was created.

However, routine work happens off-chain to make the game as playable as possible for the community. This means that dog breeding, racing and social activities do not have to wait for confirmation and Bitcoin blocks are not filled with too much data. Your games will run faster and there will be less network congestion.

Going forward, the team is looking at ways to further enhance the gaming experience without sacrificing the permanence of Bitcoin that users all love. Cross-chain interoperability is one option. While assets are stored in BTC, complications can arise on chains built for dApps.

Layer 2 options are also being explored. Layered protocols like Stacks are ideal for building on Bitcoin at scale, and the Bitcoin Dogs team is exploring every avenue to keep everything smooth and secure as the community grows.

0DOG is currently at level 6 out of 10. It ends on March 15th, so there are 14 days left.

The price of 0DOG is currently $0.0281 and can be purchased on the official site. Website.

Introduction to Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time, NFTs, games and a new token type are coming together to offer the first ICO on the original Bitcoin blockchain. Bitcoin’s true permissionless immutability is being leveraged to create 0DOG tokens, and Play-to-Earn (P2E) gaming experiences and NFT collections are being developed exclusively for 0DOG holders.

For more information about Bitcoin Dogs (0DOG), please visit: Website.

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This content comes from Bitcoin Dogs. This press release is provided for informational purposes only. The information does not constitute investment advice or an investment recommendation.