London, United Kingdom, March 1, 2024, Chainwire
Bitcoin Dogs pre-sales for the very first coin on the Bitcoin blockchain have raised a total of $5.7 million since February 14. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days left until the presale closes.
The growth of the Bitcoin Dogs community shows no signs of slowing down. Across major social channels, the following has surpassed 100,000, with over 110,000 followers on Tweet and over 19k in the official Telegram group.
The Bitcoin Dogs team is all about making breakthroughs using the OG chain, and the developers experiment with BRC-20 and Ordinals code to bring the best possible gaming experience to the world’s largest blockchain.
Bitcoin Dogs is aiming for $1 billion with the merger of GameFi and Ordinals
The world of GameFi came to Bitcoin Ordinals in 2023, which was predicted to be worth it $90 billion by 2031.
Bitcoin Dogs is similar to Axie Infinity in that it involves raising digital pets, play-to-earn (P2E) mechanics, and player-versus-player battles. The main difference is that Bitcoin Dogs’ retro design and gameplay are both directly tied to the king of all blockchains. Implementing proven gameplay that the market loves, along with innovations like the soon-to-launch Bitcoin Ordinals NFT collection, have all set a clear path to $1 billion.
Building on Bitcoin, better done
There are challenges to getting GameFi to work on Bitcoin, but Bitcoin Dogs has plenty of clever tricks to get around them. First, the immutability of the chain comes at the expense of speed and convenience, so other projects have opted for less secure chains.
Bitcoin Dogs solves this dilemma using hybrid and off-chain architectures to keep everything 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 things happen off-chain. That means dog breeding, racing and social activities don’t have to wait for confirmations, and Bitcoin blocks don’t get filled with too much data. The game runs faster and there is less congestion on the network.
Going forward, the team is looking for ways to make the gaming experience even better without sacrificing the sustainability that users all love about Bitcoin. Interoperability between the chains is one option: the complicated stuff can happen on chains built for dApps, while assets are stored on BTC.
Layer 2 options are also being considered. Layered protocols like Stacks are great for building on Bitcoin at scale, and you can rest assured that the Bitcoin Dogs team is exploring every opportunity to keep things both smooth and secure as the community grows.
0DOG is currently in phase 6 of a total of 10. There are still 14 days to go and it ends on March 15.
0DOG currently costs $0.0281 and is available on the official website website.
About Bitcoin Dogs
Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. Bitcoin’s truly permissionless immutability is being leveraged to create the 0DOG token, while developing a play-to-earn (P2E) gaming experience and NFT collection exclusively for 0DOG holders.
For more information about Bitcoin Dogs (0DOG), users can visit the website.
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Bitcoin Dogs is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
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