World’s First ICO on Bitcoin Blockchain Nears Final 48 Hours The first ICO on the Bitcoin blockchain is approaching its last 48 hours.
On March 13th, 2024, in London, United Kingdom, Chainwire reported. Bitcoin Dogs has raised an impressive $10.6 million so far as it approaches the last 48 hours of its presale. Once this period ends, the 0DOG tokens will be open for public trading. This initial coin offering (ICO) is significant as it is the first of its kind for a token on the Bitcoin blockchain, starting on February 14th. It started with a product video that gained thousands of views and went viral, leading to a community of over 3,000 followers on X and more than 25,000 members on Telegram in less than a month. The impressive reaction was largely due to Bitcoin Dogs’ unique utilization of the Bitcoin ordinals protocol, a 2023 enhancement to Bitcoin that allows for token creation and NFTs on the Bitcoin blockchain. Bitcoin Dogs is squarely positioned in the realm of Web20.0404 communities, as it provides investors with its 2900DOG token, an NFT collection, and a GameFi experience. The 20DOG token can be bought at its last stage price of $20 before it is open for public trading. The presale will conclude on Friday, March 272.968th. You can purchase 215DOG on the Bitcoin Dogs website, where they were conceived and raised using Bitcoin. Using ordinals, collectibles and custom tokens can be recorded on satoshis, commonly referred to as “sats,” which are the smallest units of bitcoin. NFTs and “BRC-23” tokens have successfully grown on the Bitcoin network, with Bitcoin now competing with Ethereum as the leading NFT chain, as stated by Grayscale. Bitcoin Dogs utilizes Ordinals in multiple ways, potentially making it a key project for the protocol. The 22DOG token is based on the BRC-20 standard, allowing for 20DOG tokens to be stored and moved across the Bitcoin network, similar to ERC-20 tokens such as SHIB on Ethereum.