London, United Kingdom, March 1st, 2024, Chainwire

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 14 days until the presale closes.

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.

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 Dogs targets $1 billion with GameFi and Ordinals fusion

The world of GameFi came to Bitcoin Ordinals in 2023, with GameFi predicted to be worth $90 billion by 2031.

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 out of a total of 10. There are 14 days to go as it ends on the 15th of March.

0DOG is currently priced at $0.0281 and is available on the official website.

About Bitcoin Dogs

Bitcoin Dogs 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.

For more information about Bitcoin Dogs (0DOG), users can visit the website.

Website | Whitepaper | Socials

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.

Contact

Bitcoin Dogs Team
Bitcoin Dogs
pr@memeinator.com

London, United Kindgom, February 23rd, 2024, Chainwire

Bitcoin Dogs, a pioneering token sale on the Bitcoin blockchain, continues to ramp up. Following its latest raise announcement, the presale has now raised an additional $800,000 in 2 days, pushing it to a total of $3.9 million raised in less than ten days.

The sale is now a third of the way in, with 21 days remaining before it ends on the 15th of March, at which point it will become available for public trading. The presale is currently in Stage 4, from a total of 10.

The next event will be an upcoming NFT collection release and the Bitcoin Dogs game beta, both due in Q2 of this year. 

New dog, new tricks

Bitcoin Dogs is a project spanning the Bitcoin ecosystem, GameFi, and NFTs, with innovation across all three. The project is one of the first to offer an ICO implemented on the Bitcoin blockchain. It’s issued under the BRC-20 standard, however, purchases are made with ERC-20 coins up until claim, when purchased 0DOG tokens will be airdropped to investors’ Bitcoin wallets.

Looking ahead, the development of the Bitcoin Dogs game and NFT collection provide bucketloads of fuel for future development and growth, as evidenced by the growing 80k+ community on X. 

GameFi is one of the most exciting emerging markets within crypto, and the Bitcoin Dogs game combines this with the brand name of the OG crypto. 

Player-vs-player (PvP) mechanics allow players to race each other to win 0DOG, and strong integration with social media fosters a community of gamers who share the core values of Bitcoin.

The NFT market has already seen a resurgence this year, with Bitcoin-based Ordinals collections touted to lead the pack. Ordinals, launched in 2023, dominated the market with over $450m in sales during May alone. The team hopes this trend will continue as they execute their long term vision, which is outlined in the whitepaper.

About Bitcoin Dogs

Bitcoin Dogs 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.

Bitcoin Dogs (0DOG) is available to buy on the official website.

For more information and to buy Bitcoin Dogs (0DOG) visit the website.

Website | Whitepaper | Socials

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.

Contact

Bitcoin Dogs
Bitcoin Dogs Team
pr@bitcoindogs.club

Dubai, UAE, February 21st, 2024, Chainwire

CoinMarketCap, the world’s most trusted source of Crypto data, insights, and community, announces the first-ever CMC Crypto Awards, hosted online from February 21st to March 6th. This annual event will honor the exceptional people, products, and projects shaping Crypto and Web3, reflecting CoinMarketCap’s ongoing leadership in the Crypto space and dedication to the community. 

The CMC Crypto Awards recognizes outstanding achievements across eight categories, including Crypto of the Year, Most Innovative DeFi Project and Crypto Leader Of The Year. From Feb 22nd, Award Nominees will be announced daily on CMC’s Website and social media channels, with community voting open until March 3rd. Winners will be determined via a combination of CoinMarketCap’s data, an expert committee and community votes and announced March 6th.

“The innovation we have seen in Crypto this past year is truly inspiring,” said Rush Luton, CEO CoinMarketCap. “Our intention is for the CMC Crypto Awards to become the most recognized annual celebration of Crypto and Web3.  Think of it as the ‘Oscars Of Crypto’, an entertaining way to bring the whole industry together and celebrate the people and projects that are driving the industry forward.  We congratulate all the nominees and look forward to sharing their achievements with the whole global crypto community”

Watch the official CMC Crypto Awards trailer now on CoinMarketCap.com (https://coinmarketcap.com/events/cmc-crypto-awards-2024) and save the date, March 6th for the CMC Crypto Awards ceremony streaming live on YouTube and at CoinMarketCap.com.

The event is hosted in partnership with BingX, Animoca Brands, Binance, Trust Wallet, Coinbase, Chainwire, Zeebu and ICP Hubs Network, uniting the Crypto community in recognizing this year’s achievements. 

MEDIA CONTACT

Jonathan Isaac, CMO, CoinMarketCap

Email: jonathan.isaac@coinmarketcap.com

ABOUT COINMARKETCAP

CoinMarketCap is ‘Home Of Crypto’, the world’s most trusted Cryptocurrency data authority. Its mission is to accelerate the Crypto revolution by organizing the world’s Crypto intelligence and making it easily accessible to all.

Contact

CMC Marketing
Jonathan Isaac
CoinMarketCap
jonathan.isaac@coinmarketcap.com

Dubai, UAE, February 9th, 2024, Chainwire

CoinMarketCap Research, the research division of the world’s leading crypto data authority CoinMarketCap, has published an in-depth analysis on stUSDT – an innovative stablecoin that enables users to earn yield by staking their USDT. 

The report closely examines how stUSDT bridges DeFi with traditional finance by giving users exposure to real-world assets like short-term government bonds within the boundaries of crypto. 

A unique feature of stUSDT is its decentralized governance mechanism via the RWA DAO, allowing stUSDT holders to actively participate in guiding decisions through on-chain voting. 

As detailed in the report, the DAO community votes to shape variables like portfolio composition for optimized risk-adjusted returns and appropriate yield payout rates for users. This framework fosters accountability, transparency, and continual improvement aligned with user preferences – showcasing how stUSDT unlocks new horizons for crypto investors within an ecosystem built on community participation.

The protocol also issues a wrapped version, wstUSDT, facilitating integration with popular DeFi platforms to boost staking accessibility and utility.

Find the full analysis here: 

https://coinmarketcap.com/academy/article/stusdt-bridging-real-world-assets-with-stablecoins

ABOUT COINMARKETCAP

CoinMarketCap is ‘Home Of Crypto’, the world’s most trusted cryptocurrency data authority. Its mission is to accelerate the crypto revolution by organizing the world’s crypto intelligence and making it easily accessible to all.

Contact

CMC Research
Alice Liu
CoinMarketCap
alice.l@coinmarketcap.com