Is $WMAP The Metaverse Token of Bitmap?! Can It Be Bigger Than Decentraland $MANA?!
The Block Runner
In this episode, Will and Man discuss an interesting update in the world of Bitmap. They delve into the idea of tokenizing Bitmap to achieve more liquidity, and a concept called Wrapped BMap is introduced. They explore the need for fungibility in Bitmap and the potential challenges in creating a fungible token for an ecosystem that is based on non-arbitrary uniqueness. The hosts also touch upon the importance of stablecoins in the metaverse and the potential future developments in this area. They highlight various past attempts at creating fungible tokens on Bitmap and discuss the experimental nature of the metaverse ecosystem. Rcsv.io already showing tremendous traction and contribution to the Bitmap ecosystem may be what makes the launch of this token under the Unisat Module system work.
Links in Video
- https://twitter.com/UnisonX_/status/1724297385965420592
- https://twitter.com/rcsvio/status/1724394554814845219
- https://bmpbrc.com/
- https://unisat.io/brc20/%24BMP
- https://docs.bitplots.com/
- https://academy.nftx.io/staking/what-is-a-staker/
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0:00 - Image describes ecosystem, deposit bitmap, withdraw maps 3:09 Bitmap's unique properties challenge fungibility, but possible 8:22 Issue with token allocation disregards rare blockchributes 11:09 UNISAt group creates extension of BRC 20 14:25 Trading wrapped map for bitmap, same result? 17:30 Future gap of supply, inflationary difficulty with bitmaps 19:22 Random bitmap may not work due to unknown traits and embedded data 23:48 More token standards and experimentation for bitmap ... https://www.youtube.com/watch?v=sNp5BXgbYcM
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