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Bitcoin Dogs: First-Ever ICO on Bitcoin goes live in under 1 hour

Wednesday, February 14, 2024 05:00 AM | Invezz via QuoteMedia

Bitcoin Dogs: First-Ever ICO on Bitcoin goes live in under 1 hour

2024-02-14 05:00:00 ET

The Bitcoin Dogs presale, the first-ever ICO on the Bitcoin blockchain, is launching today. In just under an hour, the crypto world will have a chance to celebrate the moment.

Specifically, 0DOG, the new BRC-20 project’s native token, will be available in presale starting February 14th, 2024, at 11:00 am GMT, just in time for Valentine’s Day. As the clocks ticks towards the presale, the best place to find out more about the project is at BitcoinDogs.club and in their whitepaper.

Bitcoin Dogs (0DOG) presale

As Bitcoin sets the markets on track for a bullish expedition, dog lovers from across the globe can confidently stride into the playground and secure a piece of crypto history. During the Bitcoin Dogs ICO, 810 million 0DOG tokens, accounting for 90% of the total supply of 900 million will be available for early adopters.

Bitcoin Dogs will mint all 900 million 0DOG tokens on the Bitcoin network. However, to support the presale, purchases will be in ERC-20. What this means is that users will be required to submit their BTC wallet when buying 0DOG tokens, but will receive the BRC-20 token in their Bitcoin wallet when distribution happens at the end of the ICO.

Another key detail to note is that 0DOG will be priced at $0.015 in stage 1, and then automatically increase every 72 hours until the presale hits the final stage with price at $0.0404. This suggests early buyers have a chance to lock in presale returns of up to 169% ahead of the token’s launch in the secondary market.

The Bitcoin Dogs ICO is set to run for 30 days only, with the 10 presale stages planned to finalize on 15 March 2024. The project will burn any unsold 0DOG tokens after the presale closes, the team announced last week. By joining this fast-paced ICO , investors may not only be embracing a new Bitcoin moment, but also putting themselves in position to ride the Bitcoin rally as the next BTC halving approaches.

More about Bitcoin Dogs

With interest in crypto and the blockchain space on the rise, the new BRC-20 token standard on Bitcoin brings new opportunities to BTC holders and the broader crypto community. The Bitcoin Dogs project aims at leveraging Bitcoin’s enduring security and reliability to deliver both fun and investment opportunity that comes with NFTs and gaming to the ecosystem.

When fully developed, Bitcoin Dogs will offer a play-to-earn game on Bitcoin. NFTs will allow users to explore the virtual ecosystem as they care for, train and trade their dogs. A tiered approach will see players climb leaderboards and compete against each other as they earn 0DOG.

Although espousing the same concepts as Bitcoin Cats and other gaming projects coming to Bitcoin, Bitcoin Dogs aims to take the gaming experience on the OG blockchain to the next level. Think of Cryptopunks, Tamagotchi, BAYC and Axie Infinity, but on Bitcoin.

This combination has the best of NFTs and GameFi rolled in with investment opportunities for 0DOG holders. It’s a blend that could see Bitcoin Dogs become the most successful BRC-20 project.

Bitcoin Dogs’ metaverse game and NFT collection will be available only to 0DOG token holders. That means joining the presale when it goes live could be the best way to get hold of 0DOG. Find out how to join the ICO or buy the BRC-20 tokens on the project’s website .

The post Bitcoin Dogs: First-Ever ICO on Bitcoin goes live in under 1 hour appeared first on Invezz

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