Interpreting the current development status of the largest metaverse project in the Bitcoin ecosystem, Bitmap.

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Bitmap is an open-source standard protocol proposed by @blockamoto on June 13, 2023, based on ordinals, with the aim of establishing consensus on metaverse land on the Bitcoin chain.

Bitmap Whitepaper: https://gitbook.bitmap.land

This is a standard that defines ownership of each block of Bitcoin, and indexers or platforms can visualize and map block data according to the rules to generate different 3D spaces, becoming land in a metaverse. For example, according to blockamoto's proposal, the value data contained in the block is defined as the land area, and vbytes = land depth, etc. Because the data contained in each block is different (block number, transaction amount, transaction count), it will ultimately generate land with different properties.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

Image source: MagicEden

Note: The original Bitcoin chain itself does not have the concept of someone owning the entire block. Bitmap defines block ownership within its own ecosystem, which is the core of Bitmap. Based on this unchanging core, indexers or projects based on Bitmap can have their own rules to interpret block data, map different metaverse scenes, and develop different functions for Bitmap holders.

In addition to the commonly used 2D plane rendering mentioned above, the Bitmap community also commonly uses 3D rendering to view the height, area, and other properties of the land.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

https://mscribe.io/

Some developers have even built interactive applications. More cases will be detailed in the following application scenarios.

Bitmap community member BradOleksy attempted to render Bitmap into a three-dimensional world using the Unreal Engine.

So, the essence of Bitmap's block number is similar to DID, and after registering the block, Bitmap holders can simultaneously log into multiple different metaverse projects. Some may ask, why do people recognize the Bitmap standard? It depends on the community consensus of this standard and the scale of the ecosystem. In early November, the number of Bitmap holder addresses had reached 25,000, surpassing Sandbox to become the metaverse project with the most holders.

Total and Initial Distribution Process

During the genesis issuance phase, the total number of Bitmaps that can be minted is the Bitcoin block height. When the Bitmap standard was released, there were already over 700,000 historical blocks. For historical blocks, users only need to pay the miner's fee to freely choose to inscribe. Within two months of the founder's release, over 700,000 historical blocks had been registered.

The total amount of Bitmaps is linked to the current Bitcoin block. Bitcoin produces a block approximately every ten minutes. Therefore, in theory, the total amount is unlimited. Every time Bitcoin generates a new block, a registrable Bitmap is also created (according to the rules, only the inscription registration initiated after the block is mined is valid), following the principle of first come, first served, allowing anyone to inscribe the ownership of the block in the form of block number.bitmap in pure text ordinals. Therefore, 144 new blocks are mined and available for registration every day. The mainstream NFT exchanges also update the total number of BITMAPs in real time.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

Statistics of unclaimed blocks: https://www.bitmap.wtf/

However, it is important to note that with the popularity of Bitmap, more and more users are mining new Bitmaps, making it increasingly challenging to ensure successful inscription. Currently, multiple mining pools have also participated in the land mining of Bitmap.

How the Secondary Market Prices Bitmap

Based on the current block height, the total circulating supply of Bitmap is approximately 820,000. So, which attributes of Bitmap are currently more favored by the secondary market?

Currently, two major NFT platforms for Ordinals have launched Bitmap trading.

https://magiceden.io/ordinals/marketplace/bitmap

https://ordinalswallet.com/collection/bitmap

The following are the main categories that are relatively popular:

  1. Number classification

The earlier the number, such as the first 1000, 1.Bitmap-1000.bitmap

Memorable numbers, such as 11111.bitmap, 888.bitmap

Reference to ENS domain names like 999club or sub10k club

Palindrome - the block can be read the same forwards and backwards. (e.g., 123321.bitmap or 1221.bitmap)

  1. Bitmap punks

Some blocks' data visualization generates land that looks similar to cryptopunks, such as

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

These can be further subdivided into different punks, which can be seen in specific categories on NFT exchanges. These special Bitmap holders usually establish their own clubs.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

  1. Blocks of important transactions

Some blocks contain important historical events, such as blocks mined by Satoshi Nakamoto, blocks for pizza transactions, or blocks related to the Mt. Gox incident.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

Application Scenarios and Current Status of Bitmap's Ecosystem Projects

Apart from secondary trading, the sustainability of a project is more important based on the scale of its ecosystem. The long-term value of each Bitmap still depends on market demand. After several months of development, the infrastructure of the Bitmap ecosystem has gradually improved, and there are already hundreds of exploratory projects in the Bitmap ecosystem.

On this website, you can see a list of projects spontaneously collected by the community:

https://bitmap-directory.gitbook.io/bitmap.directory/directory/explorers-and-data

Infrastructure

Visual rendering:

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

https://mscribe.io/

bitlords.land

Data Dashboard: https://geniidata.com/user/poshi/ordinals-bitmap-index

Bitmap Explorer: https://bitmap.rcsv.io

Bitmap.game

bitmap.game is a bitmap asset manager developed by the Recursiverse team.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

Here, Bitmap holders can have their own space and can purchase corresponding assets from brc420.io to decorate their space.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

In the room, you can voice chat with friends and the trading function is available, allowing users to list and sell their NFTs on their land.

BRC-420: Asset Protocol Based on Bitmap

Recursiverse is currently one of the most outstanding development teams in the Bitmap ecosystem. The team is attempting to build a scaling solution for BTC based on Bitmap. The asset protocol standard proposed by them, BRC-420, has been adopted by multiple teams in the Bitmap ecosystem.

BRC-420 Whitepaper: https://rcsv.gitbook.io/brc-420/

The BRC-420 protocol combines multiple inscriptions recursively to form a complex inscription. This can range from a character image or pet to an entire game script, virtual machine, or even AI model, all of which can be combined into on-chain assets for developers to purchase or pay royalties. Currently, over a hundred teams have issued assets on BRC420, including game characters, game DLC, HTML scripts, music, videos, and more. Currently, RCSV's Bitmap browser has over 95% of the traffic, but any team can develop a client to run BRC-420 assets.

BRC-420 Marketplace: https://brc420.io/market

Other Exploratory Attempts with Bitmap

Most Bitmap projects are still in the exploratory development stage. This article will also list a few interesting cases.

Note: This article is for collection and statistics purposes only. Some projects may involve asset trading, and this article does not provide any investment advice.

Inscribed.space

Pixel 3D universe

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

BitWorld

Game with a similar style to Minecraft

https://luminex.io/bitworld

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

xspectar

https://twitter.com/xspectar

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

Community member BradOleksy's game experiment in the Bitmap world using the Unreal Engine

https://twitter.com/BradOleksy/status/1721766161925247123

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

In addition to the flat universe, community members have proposed the concept of a spherical universe.

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

3D mapping experiment by user @rgen_art

Interpreting the current development status of Bitmap, the largest metaverse project in the Bitcoin ecosystem

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