Can $BMT Become a Major Bitmap Commodity?! Parent-Child Minting Process Overview 💡
The Block Runner
Hosts Will and Iman dive into the intricacies of $BMT (not DMT), which stands for Bitmap Token, and its role within the digital commodity ecosystem. They explain how $BMT is a showcase and another demonstration token pointing to the same exact element as $NAT, dmt.11.element. The discussion covers the process of claiming $BMT tokens, which can only be done by bitmap holders through parent-child inscriptions and the potential utility and future applications of $BMT tokens within the bitmap ecosystem. The hosts also explore the importance of on-chain tracking and provenance in establishing the authenticity of digital assets, as well as the role of bitmap as the parent in creating a collection of tokens within the community. The episode sheds light on the potential for creating a cohesive digital society within the metaverse using these digital economies.
Links in Video
- Digital Matter Theory Gitbook: https://digital-matter-theory.gitbook.io/
- https://digital-matter-theory.gitbook.io/digital-matter-theory/introduction/nat-use-cases
- https://www.ord.io/13604289
- https://www.ord.io/45042327
- https://www.ord.io/45042327
- https://ordiscan.com/inscription/45042327
- https://chisel.xyz/
- https://www.blockchain.com/explorer/blocks/btc/745673
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0:00 Create children from parent, generate JSON structure 3:49 Explanation of inscribing child in blockchain using mint 7:21 Create token authorization, send to supported platform 10:33 Notification explains partial support for document features 12:52 On-chain tracking enables token inscription from bitmap 18:10 Demonstration and showcase to drive deployment leverage 20:12 Metaverse is a multi-trillion dollar digital society ... https://www.youtube.com/watch?v=tGORvSRAmQw
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