The BTC STAMP ecosystem is poised for growth, OpenStamp launches Launchpad to lead a new wave.

Bitcoin inscriptions have attracted enthusiastic attention from crypto users due to their fair minting mechanism and wealth effect. Following Ordinals, various protocols such as BTC STAMP, Atomicals, and Runes have emerged one after another. Among them, the development of BTC STAMP and its SRC-20 standard is highly anticipated, with community interest continually rising, and it is believed to have the potential to surpass BRC20.

In the BTC STAMP protocol ecosystem, OpenStamp serves as a comprehensive platform integrating SRC20 inscription trading, NFT trading, and launch functions. It has been involved in ecosystem construction since the early stages, holding over 90% of the SRC-20 trading market share for a long time, making it one of the important products in this ecosystem. Recently, the platform announced the upcoming launch of a Launchpad that combines inscriptions and NFT sales, along with a series of incentive activities, which may bring a new wave of wealth effects to the BTC STAMP ecosystem.

Launchpad First Project BitDragon

OpenStamp has recently launched a brand new Launchpad, with the first project BitDragon scheduled to launch on February 14th. BitDragon is the first cross-chain GameFi project on the SRC20 protocol, centered around BTC inscriptions as the core asset, providing unique airdrop privileges to holders. The project is developed by the core team of the original Sandbox ecosystem and builds a cross-chain gaming ecosystem through an innovative three-asset model (inscriptions, NFT, and Token).

BitDragon has chosen to issue assets on Bitcoin via SRC20, while deploying the gaming application layer on EVM. The project collaborates with The Sandbox officially to replicate its ecosystem 1:1, allowing users to enjoy all mini-games within the ecosystem. In addition, BitDragon plans to create diverse games in various popular ecosystems, where users only need to migrate core assets to different ecosystems to participate in games and earn profits.

The first NFT project StampRats launched earlier by the OpenStamp platform sold out within 30 minutes, with 6,600 minted by OG Stage users and 3,400 minted by Public Stage users. In contrast, the BitDragon project is better prepared, supported by ecological and industry-leading partners, and has greater potential for future development.

In the current Bitcoin ecosystem, most inscription projects are still in the MEME stage. The launch of BitDragon represents a new trend in value mining, as the only differentiated inscription with practical application and implementation in the SRC20 ecosystem, it has strong appreciation potential. It is worth noting that BitDragon adopts an anti-VC approach and a fair launch method, distributing low-priced chips to core users of the SRC ecosystem through a whitelist.

To enhance user experience, OpenStamp released a new version of its UI on February 4th, fully upgrading features such as the Explorer browser, Mint/Deploy tools, SRC20 and NFT trading markets, and account details. New features include a market sweeping function and NFT filtering function, aimed at creating the first comprehensive trading platform for the BTC STAMP ecosystem. With OKX Web3 wallet starting to integrate SRC20 and expected to officially launch in March, it is anticipated to bring new users and capital to the ecosystem, making OpenStamp a key platform for accommodating these resources.

User Reward Measures

OpenStamp is conducting a promotion for OG PASS and user points. Users will receive corresponding OS point rewards for various activities on the platform:

1. Trading SRC20 tokens and STAMPS can earn points, with an exchange rate of 1 BTC = 400 OS points.
2. Each minting transaction can earn 5 OS points.
3. New users can receive a reward of 20 points for their first minting or trading.
4. Reporting vulnerabilities or suggesting improvements can earn points rewards.
5. Each transaction participating in the Launchpad can earn 5 OS points.
6. Sharing trading screenshots can earn extra points rewards.

The higher the points, the greater the trading discount. If the points exceed 200, a 30% rebate on platform trading fees will be returned during the limited-time promotional period. OG PASS holders will enjoy a 50% rebate on trading fees and can participate in certain decision-making processes of the platform.

According to the official OpenStamp statement, OG PASS and OS points will play an important role in the future development of the platform. The platform plans to launch a BTC ecological Layer 2, which provides expected and potential appreciation space for PASS and OS points in obtaining token rewards. It is estimated that each OS point may be worth over 20 dollars in the future.

OpenStamp Supports the Development of the BTC Stamp Ecosystem Project

To promote the diverse development of the BTC inscription/NFT/GameFi ecosystem, OpenStamp is about to launch the MayFlower event. It will provide comprehensive support for the projects settled in the Launchpad:

1. Provide extensive brand exposure.
2. Promote the sharing of ecological resources.
3. Provide community support.
4. Share KOL resources.
5. Provide media support.
6. Provide consulting and incubation support.
7. Provide additional points rewards for users participating in the MINT project.

OpenStamp is committed to becoming the Coinlist on the BTC chain, continuously providing users with opportunities to mint quality projects. The platform conducts strict reviews of new projects and creates opportunities for asset appreciation for users through the Launchpad.

The Potential of the BTC Stamps Protocol

The BTC Stamps protocol is an asset issuance protocol different from Ordinals. To address the risk that Ordinals data may be "pruned" by full nodes, BTC Stamps stores data in the UTXO of BTC, ensuring that the data is permanently retained on-chain and unaffected by deletion or modification.

From a technical perspective, the Stamps protocol uses a method of embedding base64 format image data in transaction outputs, splitting the data across multiple transaction outputs to achieve permanence in storage. The SRC-20 and SRC-721 standards correspond to FT and NFT tokens, respectively. Compared to BRC-20, SRC-20 has advantages in data storage security and resistance to tampering.

The minting process of SRC-20 requires only one transaction, while BRC-20 requires two transactions to complete minting and transfer. During network congestion, the advantage of SRC-20's single transaction becomes even more apparent. In addition, the support for four mainstream address formats (Taproot, Legacy, Nested SegWit, Native SegWit) greatly enhances the convenience of its transactions.

Overall, SRC-20 has advantages over BRC-20 in terms of security and transaction convenience. Its non-fungible characteristics meet the Bitcoin community's demand for security, and its ability to be freely split increases the protocol's flexibility. Although BRC-20 currently dominates due to its first-mover advantage, with the development of the ecosystem, the BTC Stamp ecosystem is highly anticipated and is even considered potentially capable of surpassing BRC-20.

Against the backdrop of the rapid development of Layer 2 technology, OpenStamp is also planning to launch a Layer 2 for the BTC ecosystem to promote the further development of the protocol and the ecosystem. A grand development blueprint is gradually unfolding.