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Home»NFT»Where Bitcoin and the Metaverse meet
Where Bitcoin and the Metaverse meet
NFT

Where Bitcoin and the Metaverse meet

2023-06-23No Comments3 Mins Read
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From Bitcoin Ordinals to Recursive Inscriptions and now Bitmaps, if it seems like the Bitcoin news is coming at you too fast, we’ve got you covered. A new theory, called Bitmap, has introduced an innovative approach that could link Bitcoin to the metaverse. Announced on June 13ththe concept was invented by Bitoshi Blockamotoa pun on the name Satoshi Nakamoto, the creator of Bitcoin.

Bitmap theory is an open source standard that allows users to claim ownership of a Bitcoin block by writing it on a sat (the smallest unit of Bitcoin). This parallels Ordinals, which allows users to etch eternal marks onto individual satoshis. However, Bitmap takes it a step further by allowing users to own entire blocks of Bitcoin and engrave them with unique inscriptions.

But that’s just the beginning. Once a block is enrolled, it has the potential to become part of a metaverse. According to the theory, platforms could translate the block data into 3D space, giving owners the right to build in these digital spaces.

“Block owners can become active contributors to the metaverse, providing a platform to build on their blocks and creating vibrant, community-driven spaces,” the Bitmap site explains.

The Web3 community has embraced this new theory with enthusiasm, with many people customizing their blocks to reflect their unique identities and passions.

ok, i just dug deep into bitmaps

I really love it.

i like this idea more than ordinal numbers or brc20s

the block is and creates its own art… and then “claims” it?

as a way for future metaverse things?

the idea is insane and could be fantastic

here are my finest pic.twitter.com/zuHJCjhYE2

— ashenone.sol (@notashenone) June 19, 2023

Magic Eden on Bitcoin has recently announced that it will be possible Bitmap trading on its platform. However, the account tweeted a disclaimer stating, “As with many new developments in the space, we will be making this one available to users – but it’s important to state that this is experimental and users should do full research first!”

See also  Bitcoin ATH: If BTC reaches $94,000, will THESE factors push its value to $100,000?

Register and find Bitmap addresses

To inscribe a bitmap, click on a black square on the bitmap map (orange squares are claimed) and inscribe it. You can also use Bitmap Finder (created by Kareem Fakhuri) to find Bitmaps instead of searching manually.

Once you’ve determined the number of bitmaps you want to create, take your newly generated addresses to an engraving service. A popular choice is Unisat. After you land on the site, click on ‘BULK’, enter your addresses and proceed to the payment section.

The thread below explains the different types of unique map interpretations, including Palindromic Lands, Mondrian Lands, and Punk Lands.

🟧 Reveal “Sub X Lands”

🔶 Dive into a world of unique bitmap views.

🔶 Own a piece of virtual real estate with immense historical value in this digital frontier.

3/9 pic.twitter.com/CrDprpTUyJ

— BRC-20 🟧 All day (@BRC20_Allday) June 21, 2023

So far, Bitmap has more than 300,000 inscriptions, a figure that is constantly rising. The excitement around inscriptions is likely to continue to develop at a rapid pace. Of Ordz Games Breaking ground as the first platform to provide tools for building games on metaverse lands using Bitmaps, the future holds a plethora of possibilities yet to be revealed.



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