Bitcoin Dogs, a decentralized community-driven challenge, makes historical past with the first-ever Preliminary Coin Providing (ICO) on the Bitcoin blockchain.
The ICO is about to be launched on February 14th, 2024, providing $0DOG tokens for grabs. The presale will run for 30 days and finish on March 15th, 2024. Following the presale, the token will then be out there for buying and selling.
The presale will begin with stage 1, with every 0DOG token priced at $0.015. The worth will mechanically improve each 72 hours, reaching $0.0404 on the last stage. This will likely be a 169.33% rise, a big surge for early hen traders. Notably, 0DOG holders will get pleasure from quite a few incentives and rewards, together with unique entry to Bitcoin Canines’ metaverse GameFi house and the NFT assortment.
The 0DOG token has a complete provide of 900 million tokens. 90% of those tokens will likely be provided for grabs in the course of the ICO. All of the unsold tokens, dubbed “stray canine”, will likely be burned, making a deflationary stress.
Bitcoin Canine comes into play to problem the not too long ago launched Bitcoin Cats challenge. Barely 7 weeks previous, Bitcoin Cats at present has $24 million in market cap and over $7 million in day by day buying and selling quantity.
Drawing from Axie Infinity and Tamagotchi, Bitcoin Canines has created a play-to-earn atmosphere that enables customers to lift, race, and commerce their pets. A participant is allowed to lift their canine to earn rewards and incentives. As soon as a canine reaches the maturity stage, the proprietor begins to earn 0DOG tokens via races and different competitions. The 0DOG tokens enable gamers to have interaction in numerous transactions, together with promoting, betting, or holding of tokens. Reportedly, presale stakers will unlock a 75% APR after they lock up their tokens.
Bitcoin Canine employs retro gaming graphics that assist deliver the sport to life. The canine within the recreation are saved as 10,000 particular person NFTs with completely different rarity ranges. Along with promoting and shopping for, NFT house owners are additionally in a position to breed their canine, creating numerous and uncommon pet species.
Notably, gamers will retailer their NFTs on the Bitcoin BRC-20 blockchain with the assistance of the cutting-edge Ordinals protocol. The Ordinals protocol gives extra safety and reliability than different protocols available in the market.
Nonetheless in improvement, Bitcoin Canine will launch its NFT assortment in Q2 and the beta model of the Bitcoin. The official launch is about for Q3, with P2E partnerships lined up.