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First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days

by admin
2 years ago
in Digital Lifestyle
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
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London, United Kingdom, February twenty first, 2024, Chainwire

Bitcoin Canine has now raised a complete of $3.1M within the first 6 days of its historic presale. The challenge’s BRC-20 token, 0DOG, is the first-ever ICO on the Bitcoin blockchain.

Bitcoin Canine leverages the latest Ordinals protocol to interrupt new floor within the Bitcoin ecosystem and the workforce plans to launch a 10k-strong NFT assortment later this yr.

The chance to be a part of historical past has been a key promoting level for the model, fuelled little question by the token value rising each three days, till the presale ends on Friday, fifteenth March – after which the token will turn out to be out there for buying and selling. 

In lower than 6 days, the Bitcoin Canine’ X community has surged previous 80k followers, with an additional 14.5k actively discussing the challenge within the Telegram group.

Bitcoin Canine (0DOG) is on the market on the official web site.

The Highway Forward For Bitcoin Canine

Past the historic ICO that has launched the 0DOG token, Bitcoin Canine has a really complete roadmap as outlined in its whitepaper, comprising a brand new play-to-earn sport in addition to one of many largest collections of Bitcoin NFTs up to now. 

Retro 8-bit graphics carry the Bitcoin Canine universe to life, a delicate nod to early NFT collections like CryptoPunks in addition to traditional pet simulator video games akin to Tamagotchi. 

Gameplay is closely built-in with social media, a mechanism designed to construct group and take the sport to a wider viewers. Sharing progress permits gamers the prospect to earn in-game foreign money, which they will then use to compete in opposition to different gamers in hair-raising races and dog-themed competitions.

Value Drivers For 0DOG

There are a complete host of things probably contributing to the success of Bitcoin Canine, together with robust challenge fundamentals and a resurgent crypto market led by Bitcoin, alongside a strong worth proposition.

Bitcoin Canine presents a tangible product, with a sport and NFT assortment on the horizon. The challenge roadmap can be clear, with a long-term technique to maintain curiosity past the ICO.

The ICO itself has additionally been a key promoting level: being the primary presale for Bitcoin-based tokens has attracted quite a few patrons, and the quick 30-day window has inspired prospects to get in early. The elevated momentum is also pushed by the worth enhance each three days.

The challenge’s proximity to Bitcoin can be a possible boon. Bitcoin has seen elevated value worth in 2024, stabilizing above $50k on the time of writing forward of the subsequent halving, scheduled for April.

With media together with Cointelegraph predicting new highs within the wake of the halving, the broader market may additionally profit, and in that case Bitcoin Canine is well-positioned to get pleasure from Bitcoin’s slipstream.

Moreover, the BRC-20 token customary (which permits new cryptocurrencies to be deployed on, and secured by the Bitcoin blockchain) has made waves because it was unveiled in 2023. BRC-20 tasks like ORDI and ORNJ have achieved rallies of three,000% and 677%, respectively.

With potential like this on the forefront, Bitcoin Canine goals to be the main contender holding the BRC-20 torch. With simply 23 days remaining, there may be restricted time earlier than the extremely anticipated open of public buying and selling. 

About Bitcoin Canine

Bitcoin Canine is breaking new floor within the Bitcoin ecosystem. For the primary time ever, NFTs, gaming, and new token sorts come collectively to supply the primary ICO on the unique Bitcoin blockchain. The really permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, whereas a play-to-earn (P2E) gaming expertise and NFT assortment is being developed solely for 0DOG holders.

For extra info (0DOG) customers can go to the Bitcoin Canine’ web site.

Web site | Whitepaper | Socials

Contact

Bitcoin Canine
Bitcoin Canine Workforce
[email protected]





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