Upcoming Metaverse Cryptocurrency Inspired by Bitcoin

The Launch of a New Bitcoin-Based Metaverse Crypto

Darewise Entertainment and Animoca Brands have made an announcement regarding the launch of a new metaverse crypto, which will be based on Bitcoin. This news is significant as it represents a new era for the world of cryptocurrencies.

Animoca Brands’ Subsidiary’s Intentions

Darewise Entertainment, a subsidiary of Animoca Brands, has revealed its plans to introduce the new Bitcoin-based metaverse crypto.

We have exciting news! skyrocketed to over 9 million, today there are over 32.7 million.

In fact, according to Dune Analytics, today these 32.7 million inscriptions have also resulted in over 2,000 BTC in fees, and that is the equivalent of nearly $55 million.

At the moment, dominating the Ordinal Bitcoin NFT scene by 90% remains the text type, followed then by images and applications.

The latest news on Bitcoin NFT Ordinals talks about the new introduction of the BRC-69 standard, which would reduce costs by 90%.

A Growing Number of Bitcoin NFTs

According to Dune Analytics, the number of inscriptions for Bitcoin NFTs has skyrocketed from 9 million to over 32.7 million. These inscriptions have generated more than 2,000 BTC in fees, equivalent to approximately $55 million.

The majority of Bitcoin NFTs are in the form of text, accounting for 90% of the market. Following text, images and applications are the next most popular types of Bitcoin NFTs.

Introducing the BRC-69 Standard

The latest development in Bitcoin NFTs is the introduction of the BRC-69 standard. This new standard aims to reduce costs by 90%, providing a more affordable option for creators and collectors alike.

Hot Take: Bitcoin-Based Metaverse Crypto Signals a New Era

The launch of a new metaverse crypto based on Bitcoin marks a significant milestone for the cryptocurrency ecosystem. This announcement highlights the growing importance and potential of cryptocurrencies in shaping the future of digital assets. With the increasing popularity and adoption of Bitcoin NFTs, it is clear that this market is expanding rapidly. The introduction of the BRC-69 standard further demonstrates efforts to improve accessibility and affordability within the Bitcoin NFT space. As we enter this new era, it will be interesting to see how these developments influence and shape the future of cryptocurrencies and their role within the metaverse.