In the crypto space, there are several Metaverse projects being developed, typically on Layer 1 blockchains. However, recent technological advances in Bitcoin have led some builders to claim that the Metaverse has arrived on the Bitcoin Network. This article aims to delve into this statement and explore what the future holds for Bitcoin.
The Council is a group of individuals focused on Bitcoin’s latest technology, specifically BRC-20 and Ordinals. They have also launched their own NFT project called The Council, where owning a yellow or orange coat NFT grants access to new project tokens and profits from Council products. Currently, The Council is working on their first ecosystem product called ToshiPad, which will be the first BRC-20 launchpad on the Bitcoin Network. Additionally, The Council has its own utility native BRC-20 token, $CNCL.
The Council’s claim that the Metaverse has arrived on Bitcoin is intriguing. The Bitmap protocol appears to be the key to making this technically possible.
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