September 27, 2023
New Metaverse Crypto Based on Bitcoin Coming Soon

Darewise Entertainment and Animoca Brands have announced the launch of a new metaverse crypto, albeit in the format of Bitcoin-based tokens.

This revelation is meant to mark a new era for the ecosystem of the queen of crypto assets.

New Metaverse Crypto Based on Bitcoin

A subsidiary of Animoca Brands, Darewise Entertainment announced It’s intended on Launch New Bitcoin-Based Metaverse Crypto,

Basically, the ultimate goal is The beginning of a new era for the Bitcoin ecosystem By also bringing the blockchain of Crypto Queen (the official blockchain) into the metaverse.

Not only this, by entering the metaverse, Bitcoin will also become the basis for the creation of other tokens dedicated to gaming, branding, and real-world experiences.,

To make this dream a reality, Darewise Entertainment Team With the support of the Animoca Brands Network of veterans of the AAA game Horizon LabsPioneers in blockchain and tokenized experiences are already at work.

Notably, Horizon Labs has previous experience assisting in the launch of blockchains, while here it will provide technical services to build critical applications and tools to fuel the Ordinals ecosystem on Bitcoin.

Bitcoin as the new crypto base of the metaverse

The new project also wants to open the doors to the metaverse for Bitcoin’s blockchain. in this regard, yat siuThe co-founder and executive chairman of Animoca Brands commented as follows:

“With the arrival of the Ordinals Protocol, we are witnessing a pivotal moment for Bitcoin as it expands its reach and introduces the concept of culture. High-quality gaming is one of the keys to mass adoption, and we are thrilled that our AAA studio Darewise Entertainment is working on this untapped opportunity in partnership with Horizon Labs, a leader and expert in its field.

benjamin charbitThe co-founder and CEO of DareWise Entertainment also left comments on the matter:

“We are still in the early stages, but the potential for Bitcoin to become much more than just a store of value is very high. To achieve that capability we need to roll up our sleeves and build, and that’s the essence of our partnership with Horizon Labs. We are coming together to contribute to the foundational infrastructure needed for the Bitcoin ecosystem to truly thrive. It is about collaboration, community and contributing to a collective effort that can redefine the digital landscape.

Evolution of NFT Ordinals

The current project is in addition to the already existing model NFT OrdinalsAnd what happened in March 2023 BRC-20 standard – Bitcoin request for comment number 20, which BTC makes it possible to mine new tokens on the network,

And indeed, while in May 2023, Bitcoin ordinals were NFT inscriptions touching the sky More than 9 million ago, today there are more than 32.7 million.

In fact, according to Dune Analytics, these 32.7 million writes today have also resulted in over 2,000 BTC in fees, equivalent to approximately $55 million.

At the moment, Ordinal Bitcoin dominates the NFT landscape 90% text type remains the sameAfter that Images and Apps.

Latest news on Bitcoin NFT Ordinals talks about its new introduction BRC-69 standard, which will reduce the cost by 90%.

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