Gamified Bitcoin accelerator 10n8 Little Dragon raises $1.5 million
Gamified Bitcoin accelerator, 10n8 Little Dragon, has successfully raised $1.5 million in just 72 hours. The funding round saw participation from 50 investors and VC firms, including Centauri Digital Asset Group, Mirai DAO, New Tribe Capital, and more. The primary aim of 10n8 Little Dragon is to accelerate projects in the Asia-Pacific (APAC) region and introduce them to English-speaking markets.
Accelerating APAC projects with gamification
10n8 Little Dragon allows users to stake, play, and earn across various pools and games. The project utilizes the BRC-20 standard, an Ordinals protocol that enables users to mint and transfer tokens using the Bitcoin blockchain. By leveraging gamification, 10n8 Little Dragon aims to demystify and popularize this technology among a wider audience.
The ecosystem of 10n8 Little Dragon
The ecosystem of 10n8 Little Dragon includes Dragon Pools, which offer staking-based yield in selected BRC-20 projects’ tokens. Additionally, Gamified Pools allow users to stake and receive yield in Bitcoin. The project’s gamified approach is evident through its Mini-Dragon Staking game and the Red Envelope Hunter BRC-20 game inspired by the Chinese New Year tradition of giving red envelopes.
A roadmap for the future
Looking ahead, 10n8 Little Dragon plans to introduce additional Dragon Pools with alternative DeFi mechanisms. It also aims to develop an in-game Dragon Ordinals collection and a Unity-based metaverse game that expands on the original lore of Little Dragon.
Hot Take: Gamified Bitcoin accelerator raises $1.5 million to accelerate APAC projects
10n8 Little Dragon’s successful fundraising round demonstrates the growing interest in gamified approaches to cryptocurrency. By combining gaming elements with blockchain technology, the project aims to make crypto more accessible and appealing to a wider audience. With its unique ecosystem and roadmap for future development, 10n8 Little Dragon has the potential to drive innovation and adoption in the APAC region and beyond.
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