New Breakthrough in BTC Inscription Ecosystem: The Rise of SRC20 Protocol and OpenStamp Platform

Bitcoin inscriptions have sparked enthusiasm among cryptocurrency users due to their fair minting mechanism and wealth effect. Following Ordinals, various protocols such as BTC STAMP, Atomicals, and Runes have emerged. Among them, BTC STAMP and its SRC-20 standard have attracted significant attention, with community excitement soaring and even being considered as potentially surpassing BRC20.

In the BTC STAMP ecosystem, OpenStamp serves as a comprehensive platform that integrates SRC20 inscription trading, NFT trading, and launch functions. The platform participated in ecological construction early on, consistently occupying over 90% of the SRC-20 trading share, making it an important product in the ecosystem. Recently, OpenStamp announced the upcoming launch of Launchpad, a platform that combines inscription and NFT sales, along with a series of incentive activities that could bring a new wealth effect to the BTC STAMP ecosystem.

Launchpad first project BitDragon

OpenStamp recently launched a brand new Launchpad, with the first project BitDragon set to launch on February 14th. BitDragon is the first cross-chain GameFi project on the SRC20 protocol, with BTC inscription as its core asset, providing unique airdrop privileges for holders. The project is developed by the core team from the original Sandbox ecosystem, creating a cross-chain gaming ecosystem through an innovative three-asset model (inscription, NFT, and Token).

BitDragon has chosen to issue assets on Bitcoin through SRC20 while placing the game application layer on EVM, fully leveraging the stronger security and stability of the SRC20 protocol compared to BRC20. The project collaborates with The Sandbox official to replicate its ecosystem 1:1 and plans to create diverse games in different popular ecosystems. Users only need to migrate core assets to different ecosystems to obtain game profits and platform excess incentives.

BitDragon previously announced a strategic partnership with an investment institution to jointly promote the development of a cross-chain gaming ecosystem. As the only differentiated inscription with practical application and implementation in the SRC20 ecosystem, BitDragon demonstrates strong appreciation potential.

OpenStamp platform upgrade and user incentives

To enhance user experience, OpenStamp released a new version of its UI on February 4, fully upgrading features such as the Explorer browser, Mint/Deploy tools, SRC20, and NFT Marketplace. The newly added order scanning and NFT filtering functions further optimize the user experience, solidifying OpenStamp's position as the first comprehensive trading platform in the BTC STAMP ecosystem.

OpenStamp has also launched a series of user reward measures:

1. Trading Rewards: Users can earn OS points by trading SRC20 tokens and STAMPS on the platform.
2. Minting Reward: Each minting can earn 5 OS points, and new users receive an additional reward of 20 points for their first operation.
3. Contribution rewards: Reporting vulnerabilities or suggesting improvements can earn points.
4. Launchpad participation rewards: Each participation can earn 5 OS points.
5. Social sharing rewards: Share transaction screenshots to earn extra points.

The higher the points, the greater the trading discounts users enjoy. In addition, OG PASS holders not only have unique badges but also enjoy higher fee rebates and the right to participate in platform decision-making.

OpenStamp's Ecosystem Support Plan

OpenStamp is committed to becoming a quality project launch platform on the BTC chain, and has introduced multiple measures to support projects entering the Launchpad:

1. Provide a wide range of brand exposure opportunities
2. Promoting cooperation and resource sharing among projects within the ecosystem
3. Provide dedicated community support for the project
4. Share KOL resources to enhance project visibility
5. Provide media support
6. Comprehensive project consulting and incubation support
7. Provide additional point rewards for users participating in project mint.

OpenStamp ensures high-quality investment opportunities for users through a strict project review mechanism, while also giving back to users in various ways.

The Potential of the BTC Stamps Protocol

The BTC Stamps protocol, as an emerging asset issuance protocol, has several significant advantages over Ordinals:

1. Data Security: Store data in BTC's UTXO to ensure permanent retention, deletion or modification is not possible.
2. Minting Efficiency: SRC-20 requires only one transaction to complete minting, better than the two transaction requirement of BRC-20.
3. Address Compatibility: Supports 4 mainstream address formats, enhancing transaction convenience.
4. Flexibility: The feature of free splitting increases the application flexibility of the protocol.

These features give the BTC Stamps protocol a competitive advantage in terms of security, efficiency, and practicality, laying the foundation for its future development.

With the continuous development of the ecosystem, OpenStamp is also planning to launch a Layer 2 solution for the BTC ecosystem, further promoting the development of the protocol and the ecosystem. This series of initiatives outlines a grand development blueprint for the BTC Stamps ecosystem, injecting new vitality into the diversified development of the Bitcoin ecosystem.