Gamified Bitcoin accelerator 10n8 Little Dragon has raised $1.5 million in a fundraising round that lasted 72 hours.
Among the 50 investors and VC firms contributing to the round were Centauri Digital Asset Group, Mirai DAO, New Tribe Capital, 3M Capital, Ivan on Tech, SeedThrift Ventures, Boxmining, Spicy Capital and Satoshi Stacker.
Created with the goal of accelerating APAC projects and introducing them to English-speaking markets, 10n8 Little Dragon enables users to stake, play and earn across different pools and games.
The “viral utility token” project leverages the BRC-20 standard, an Ordinals protocol that lets users mint and transfer tokens via the Bitcoin blockchain. The project aims to “demystify and popularize this technology” and bring it to a wider audience.
10n8 Little Dragon’s ecosystem includes Dragon Pools, which offer staking-based yield in selected BRC-20 projects’ tokens, alongside Gamified Pools, which enable users to stake and receive yield in Bitcoin.
On-chain Inscriptions Is The New Paradigm 🧧🧡
The Ordinals protocol introduced the concept of Bitcoin Inscription, enabling the engraving of content onto satoshis (the smallest units of Bitcoin).
Ordinals are possible on Bitcoin because of two upgrades - SegWit (2017) and… pic.twitter.com/ATAFMXxoQY
Gamification is key to 10n8 Little Dragon’s ecosystem, which is launching with a Mini-Dragon Staking game, while participants in the Dragon Pool also gain access to the Red Envelope Hunter BRC-20 game.
Based on the traditional Chinese New Year custom of giving red envelopes, the Red Envelope Hunter game sees players competing for rewards—including the top prize of a Red Envelope containing Bitcoin.
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Ordinals are taking Bitcoin by storm. Ordinal Inscriptions, similar to NFTs, are digital assets inscribed on a satoshi, the lowest denomination of a Bitcoin (BTC). Inscribing on satoshis, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is possible thanks to the Taproot upgrade launched on the Bitcoin network on November 14, 2021.
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The game’s microtransaction system integrates BRC-20 tokens for native value transfers and reward mechanisms, with tokens including Toshipad (TSHX), Little Dragon (10n8), and others.
The project’s future roadmap includes additional Dragon Pools featuring alternative DeFi mechanisms, along with the development of an in-game Dragon Ordinals collection and a Unity-based metaverse game that will “expand on the original lore” of Little Dragon.
As Javier Milei’s Libra fiasco drives industry-wide reflection on meme coins, the epicenter of Solana’s so-called casino, Pump.fun, has shown signs of cooling off.
Since the Argentine president endorsed the LIBRA token on Friday, Pump.fun’s daily volume—which includes purchasing and trading newly minted tokens—has fallen 27% from $184 million to $134 million as of Tuesday, according to a Dune dashboard.
The platform that lets anyone, even children, launch a meme coin easily on Solana has become...
The identity of the suspiciously well-timed trader who turned $1 million worth of Solana (SOL) into over $116 million by jumping on President Donald Trump’s meme coin launch last month has been unmasked—and new details have surfaced as to how they were able to get in on the token so incredibly quickly. Hint: it wasn’t luck.
According to analysis by the on-chain research firm Bubblemaps, the trader in question has been identified as Naseem—a notorious, pseudonymous crypto investor and hacker with...
The public mainnet for Story Protocol, a layer-1 network for licensing and maintaining intellectual property, is now up and running following a nearly six-month testnet phase.
Developed by PIP Labs, the project seeks to reduce legal friction for creatives and academics by hosting a platform for registering IP and leveraging it in commercial settings.
Allowing IP owners to set programmable terms for how their content is used, Story’s whitepaper says that “any two willing individuals can trade, ex...