Bounce Newsletter 12/17/2023
Welcome back to Bounce Newsletter!
This is where you’ll find your weekly dose of all news from the Web3 world and beyond. From the freshest updates from Bounce Finance, to exciting project highlights and some of the most compelling auction news from around the world, we’ve got you covered. We’re here to keep you informed and engaged, transforming our newsletter into your one-stop-shop for updates. So sit back, grab your favorite drink, and let’s BOUNCE into this week’s hot topics!
Bounce Updates: Rebrand As Bounce Brand & More
Bounce Finance has rebranded as Bounce Brand, marking a new phase in the Bitcoin ecosystem. Its key components are:
1. Bounce Bit: A BTC staking chain solution utilizing the BVM and zk rollups for efficient transaction verification.
2. Bounce Box: Enables users and creators to interact with DeFi in a customized way, with creators designing unique DeFi environments for various financial activities and users choosing spaces that align with their financial objectives.
3. Bounce Auction: An onchain auction protocol offering diverse auction mechanisms as part of the Auction-as-a-Service experience.
This week, Bounce partners with GoDID, a DID marketplace aggregator and the incubator of BDID which specializes in Ordinals DIDs, to launch BDID’s native token, $BDID. The $BDID token launch commenced on Bounce Launchpad at 1PM UTC on December 15th, lasting for 48 hours. A total supply of 400,000,000 $BDID are allocated to 3 auction pools: One is a Random Selection Auction where participants buy entry tickets using $AUCTION tokens and our smart contract will randomly select the winners to claim $BDID. The other two pools are $AUCTION Staking Auction and $DAII Staking Auction where participants stake $AUCTION and $DAII to claim proportional $BDID.
Looking ahead for the rest of December, Bounce will host two significant auctions, including a Bitcoin Ordinals auction featuring AI-generated Ordinals NFTs created by three top artists. Stay tuned with us for more details!
BitcoinShrooms Takes Center Stage at Sotheby’s Auction
The debut sale of Bitcoin Ordinals from the iconic BitcoinShrooms collection at Sotheby’s has exceeded expectations, hinting at a burgeoning mainstream interest in Bitcoin-based digital art. This marks a significant milestone, showcasing the rising adoption of Bitcoin Ordinals, particularly in the realm of high-profile art auctions.
The successful auction of the BitcoinShrooms collection underlines a growing trend in embracing Bitcoin Ordinals. These Ordinals, introduced late last year on the Bitcoin blockchain, have sparked debates within the Bitcoin community. The success of this collection at auction adds weight to the ongoing debate within the community about the acceptance and filtering of NFT-like inscriptions minted using the Ordinals project.
Beyond the financial success, the BitcoinShrooms collection at Sotheby’s serves as a cultural catalyst, sparking conversations about the place of blockchain-based art in mainstream markets. It raises questions about the intersection of traditional and digital art and how blockchain technology is influencing the valuation and perception of artistic creations.
Bitget Lists Multibit (MUBI) in the Innovation Zone
Bitget’s strategic move to list Multibit (MUBI) in its Innovation and BRC20 Zone is more than just a market update; it’s a pivotal step in creating a robust platform for trending tokens. Multibit, as the first-ever dual-sided bridge designed for cross-network transfers between BRC20 and ERC20 tokens, signifies a transformative leap in enhancing the efficiency and accessibility of token movements.
Multibit’s introduction simplifies and streamlines cross-network transfers, contributing to a more accessible and efficient crypto trading experience. It addresses a key challenge in the crypto space by providing a solution for seamless interoperability between different token standards, fostering a more interconnected and dynamic crypto ecosystem.
Nolcha Shows: A Fusion of Bitcoin, Art, and Technology
Miami Art Week becomes the canvas for a groundbreaking event — the “Nolcha Shows: Ordinals Edition” — powered by Gamma.io. This full-day event explores the intersection of Bitcoin, art, and technology, bringing together diverse audiences, from investors to artists, to celebrate the fusion of creativity and blockchain.
The event is more than a showcase; it’s an exploration of the core development, infrastructure, and applications of Bitcoin Ordinals. Keynote speakers, including Casey Rodarmor and Raph, provide insights into the evolving landscape of Bitcoin and its increasing relevance in the world of digital art. The event serves as a testament to the growing symbiosis between technology and artistic expression.
Attendees not only witness mixed-media art and physical paintings but also engage with groundbreaking augmented reality experiences. This immersive approach to art and technology signifies a shift in how we perceive and interact with creative expressions. The event becomes a melting pot of ideas, where the boundaries between the physical and digital realms blur, creating a unique experience for participants.
Bioniq Launches Bitcoin Ordinals Marketplace on Internet Computer
In a move backed by Polychain Capital, Bioniq introduces a dedicated Bitcoin Ordinals marketplace, leveraging the Internet Computer blockchain. This strategic initiative addresses user concerns related to congestion and high network fees, aiming to provide a seamless and cost-effective environment for buying, selling, and auctioning Bitcoin NFTs.
The launch of Bioniq’s marketplace is not just a response to market demands; it’s a thoughtful solution to challenges faced by users in the Bitcoin Ordinals market. By leveraging the Internet Computer blockchain, Bioniq aims to reduce costs and transaction times, making the entire experience more user-friendly. This user-centric approach aligns with the broader industry goal of making blockchain technology more accessible to a wider audience.
Bioniq’s marketplace is not just a platform; it’s a gateway for users to explore and engage with the world of Bitcoin Ordinals. By providing a dedicated space for trading Bitcoin NFTs, Bioniq contributes to the growing ecosystem of digital assets, paving the way for more innovation and creativity in the blockchain space.
In Conclusion:
In the fast-paced realm of blockchain and cryptocurrency, these developments are not isolated events but chapters in an ongoing narrative of technological evolution. They signify the continuous transformation of industries, the emergence of new possibilities, and the reshaping of our digital future. As we unravel these narratives, we invite you to delve into the boundless potential that technology and creativity offer.
This edition is more than a newsletter; it’s a portal that opens doors to the future of crypto — where each innovation adds vibrant hues to the masterpiece of technological progress.
As we navigate this blockchain odyssey, we invite you to not just read but immerse yourself in the unfolding narrative. The world of Web3 is dynamic, and each development is a brushstroke in the creation of a new reality. In this intricate tapestry of blockchain, we find not just transactions but stories of innovation, challenges, and triumphs.
So, fasten your seatbelts as we continue to explore the uncharted territories of blockchain, art and technology. The future is unfolding before our eyes, and each edition of our newsletter is a guide to understanding, appreciating, and being a part of this exciting journey.
Thank you for being a part of our community. We look forward to bringing you more insights, stories, and analyses in the editions to come. As we conclude this edition, remember, you are not just reading about the future; you are a participant in its creation.
About Bounce Brand
Bounce Brand is a prominent decentralized platform dedicated to delivering advanced BTC Appchain, onchain auctions and decentralized finance(DeFi) innovations, all tailored for the Bitcoin ecosystem. Committed to harnessing and expanding Bitcoin’s potential through DeFi solutions, Bounce Brand strives to empower transformative growth within the blockchain landscape.
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