What are the rules followed by popular projects in the Bitcoin ecosystem?

Source: Daoshuo Blockchain

In the past two days, a certain capital official announced that it had led the investment in Bitmap Tech, a well-known project in the Bitcoin ecosystem.

If you just hear the name, I am afraid that many people may not necessarily know what kind of company Bitmap Tech is, but if you talk about its product Bitmap, many readers should be familiar with it.

Bitmap is the asset with the largest number of addresses currently held in the Bitcoin ecosystem. It is also the largest metaverse ecosystem operated and built by the community in the Bitcoin ecosystem.

In fact, in addition to building the Bitmap asset protocol, this team also released two other products: Blue Box and Recursive Doodinals.

The official name of Blue Box is BRC-420. It is currently the leading asset of the BRC-420 protocol and is very well-known in the community. Relatively speaking, Recursive Doodinals is not that well-known. It is often called "graffiti" in the community and was an experimental innovation carried out by the team that year.

In addition to asset protocols and assets, the next step the team is currently working on is to develop Merlin Chain, the second layer extension of Bitcoin.

I don’t know if it is due to the stimulation of the official announcement of capital, but the prices of these projects are now soaring.

The most inconspicuous "Graffiti" was only 0.016 Bitcoins when I last paid attention to it last month, but now its price has reached 0.056 Bitcoins.

The price of the most popular blue box has now reached 0.7 Bitcoins---Last year, I thought that this price would have to be reached at least in the bull market stage, because it was almost at the same level as the boring ape. .

Now that the bull market has not yet arrived, the prices of these projects have risen far beyond my expectations. This at least proves that the projects and ecology created by this team have been successful all the way up to now. , not only won the support of the community, but also received recognition from capital.

This project ecosystem is also the only one in the current Bitcoin ecosystem that does not copy Ethereum, but is developed natively. And if such an ecosystem can succeed in the future, I believe its value (price) will be far greater than the value (price) of projects that copy the Ethereum ecosystem.

In this capital official announcement article, the author particularly emphasized several very key features of this project: "the largest asset community", "the number one NFT in the Bitcoin ecosystem" and these conditions All of this makes "Merlin Chain have a rich asset reserve and user base on the first day it goes online."

In my opinion, all these characteristics can be further boiled down to amore basic rule: initiated from the bottom up, with the broadest participation from the community, no preset conditions, no registration requirements, No additional thresholds, fair, just and open sale.

If we carefully examine all the popular projects in the Bitcoin ecosystem so far, almost without exception they all follow this rule.

But on the other hand, we also have to admit that there are more and more other types of projects in the current ecosystem, that is, projects that go back to the traditional path: registering for an email address and following Twitter , join Discord, complete tasks, earn points...

When I participated in the first type of project, my heart was uneasy, curious, and full of unknowns and expectations.

When I participated in the second type of project, I was very clear in my heart: I came to do these tasks just to get your wool. Your project may not be bad in the future, but it will be difficult to become a top-notch one. .

So for these two types of projects, I recommend that investors with energy and time can participate. But if you want to find a project that can truly become top-notch in the ecosystem, truly become a phenomenon, and truly bring amazing returns to investors, you will most likely have to carefully search for the first category of projects.