The metaverse world is beginning its integration into the Bitcoin network

Bitcoin

The metaverse era is infiltrating the Bitcoin world, claims Bitmap Theory. The project focuses on the vision that individual blocks can belong to people, triggering a fever of sign-ups.

Metaverse for BTC

Bitcoin Ordinals continues to initiate the creation of new marketable products. The latest of these is Bitmap Theory, an innovative and exciting way to combine Bitcoin with the metaverse.

Similar to Ordinals, which allows users to permanently save individual satoshi, Bitmap offers an opportunity whereby individuals can claim ownership of blocks of Bitcoin. According to an anonymous developer nicknamed Bitoshi Blockamoto, the open-source standard allows any block to be integrated into the metaverse.

“Bitmap is a revolution. Now you can claim ownership of Bitcoin’s blocks.” – Blockamoto wrote on Twitter. “This is prime real estate in the digital gold world.” – he added.

Blockamoto explained that the concept is that not only can any Bitcoin blocks be saved, but platforms can also analyze this data in a three-dimensional space, allowing owners to participate in fractional transactions with others. For users using Bitcoin blocks, this means co-creating the metaverse and creating a dynamic, community-driven environment.

Ordinals community craze

Since the announcement of Bitmap Theory, on June 13, the Ordinals community has gone crazy for records, with some desperately trying to get hold of historical blocks, such as the first one mined by Binance or the block containing transactions from Silk Road. They pursued these units with determination, aware of their importance and the symbolic value they held. A desire was aroused among the crowd of enthusiasts to own these unique artifacts, which were key to previous stages of Bitcoin’s development and had a hint of history in them.

Mark Shaw, known as 3ms.btc on Twitter, said: “66924 bitmap records. The fever continues at its best. People seem to get it. It’s very cheap and easy to do, available to everyone. All you need is imagination.”

Bitcoin metaverse boom has begun

iDclub, a domain service platform for Ordinals, tracks the types of names and number of records on the Bitcoin blockchain. According to the service, the .bitmap domain ranked second in six days, overtaking .btc domains with more than 190,000 signups over the past week.

This example is another testament to the project’s groundbreaking characteristics. It remains to be seen whether it will meet with long-term acceptance or become merely a short-term fad.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

Ripple

Expert predicts Ripple IPO date

Wall Street financial expert Linda Jones has shared details of Ripple’s anticipated IPO date. Her analysis indicated potential dates, but the current market context and regulatory aspects…
All articles loaded
No more articles to load

Learn

Leveraged trading

Leveraged trading

The cryptocurrency market moves quite fast and offers the public the opportunity to make a lot of money in a…
XRP

How to buy XRP?

Our articles explain a lot about Ripple (XRP). This time we explain how to buy and store the XRP tokens.…
Bitcoin

How to buy Bitcoin (BTC)?

Bitcoin (BTC) is the most popular cryptocurrency in the world. In 2021, as much as 11% of Americans claimed to…
Bitcoin ETF

Bitcoin ETF

The year 2020 was the time when Bitcoin (BTC) attracted institutional interest. It became a serious subject of discourse among…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive…
All articles loaded
No more articles to load