When it comes to unique ideas and innovation, there aren't many projects that are able to find an open field to play in..
Bitmap is one of few..
Who is the buyer?
Bitmap has changed the way people will view assets in crypto.. The ability to capture the attention of such a large audience.. Being different.
- Art Collectors
- Bitcoin Enjoyers (Maxis)
- Investors
- Developers
Most projects have investors and maybe some sector/chain maxis but there is no group at the loyalty level of Bitcoin.
Along with that, you also tap into the art collector market which is valued around $68B (Piece of Bitcoin history) along with a co-op style developer market which has never been seen before.
Tokenomics
Having a single asset that provides unlimited amounts of entertainment with the ability to build endlessly.
Think of this more as buying a video game versus an investment.. You buy a Bitmap, you get this amazing community, and you have the option to build along side your friends towards whatever you can imagine.
This is also a step forward from last cycle Metaverse plays that had both a token/land which fragmented liquidity.
The route of only having one asset and that being land increases the odds of production on the bitmap..
One may originally buy as an art collector, Bitcoin enjoyer, or investor, and later decide they want to try being a developer as tools make it easier for all.
Also, with the inflation model of one new Bitmap per block, it highlights the network slowness as a benefits, something no other project here has been able to do.
Solana captured memes because of its speed; aligning a market with its tech. Bitcoin is slower and very secure, which makes this a great home for Bitmap.
Some will say inflation is bad.. But I think it's depends on the rate and in what context..
ETH ($404B) has no max supply, SOL ($124B) has no max supply, BNB ($91B) has no max supply, DOGE ($57B) has no max supply.. All inflationary but yet make up the top assets in this space.
With Bitmap inflation tied to blocks, this allows for sniper wars and bribes towards the miners to enhance its value to the network; creating a supplementary payment directly in Bitcoin to the miners.
The Mission Matters
Looking at the markets, 99% of coins have a community built around price go up.. These are always short duration plays that maintain mindshare until the price goes down.. Usually falling like a house of cards with a duration of one cycle.
Not many coins have the ability to naturally develop a true mission that is much greater than price. Bitcoin ($1.95T) with the mission to create more economic freedom in the world or Ripple ($78B) looking to revolutionize the global financial system..
Bitmap ($50M) has a mission to be the first true open Metaverse. Potentially the next greatest tech innovation since the internet if executed correctly.
There are no VCs, there is no team.. Really starting the metaverse at its rawest form. Aligned with the Bitcoin ethos.
The open Metaverse will have key components like:
- Interoperability
- Economic System
- Open Standards
- Community Collaboration
- True Ownership and Control
Based on McKinsey, they're expecting this to be a $5T industry by 2030.
Closing
When thinking about what can better support Bitcoin's security through transaction volume, I don't believe there is a better candidate..
This also has the potential to be the first application to bring on mass adoption at numbers we've never seen before.
I believe this is a timeless asset.
Keep a close eye on this one..