Week "16" $10k Challenge: Every single opportunity missed on Ethereum is coming to Bitcoin. How to Prep for the next 1000X
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In week 16 of our challenge, we're thrilled to present the next big opportunity in Bitcoin. While Ethereum has witnessed explosive growth, we're now exploring the exciting developments in the Bitcoin ecosystem and uncovering the potential for the next 1000X opportunity in crypto. Read the latest blog post Exploring Bitcoin NFTs, Ordinals, & BRC-20: Hype Beyond Memecoin Mania.
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Let’s dive in this week’s pick..
Trustless Computer: Unlocking the Potential of Bitcoin
This week, we dive into the exciting world of Trustless Computer (@TrustlessOnBTC) and explore the possibilities it brings to the Bitcoin ecosystem. Trustless Computer is a layer-1 protocol that aims to make Bitcoin more than just a currency by enabling developers to create decentralized applications (dApps), DAOs, NFTs, tokenization, and much more.
But that's not all! The Trustless Computer team is building "The New Bitcoin City," a home for dApps and smart contracts, providing an innovative playground for financial innovation and creative expression. From Generative Village showcasing captivating crypto art to DeFi District with the power of BRC-20s, Trustless Computer opens up a world of opportunities.
Additionally, Trustless Wallet offers easy access to BTC dApps, Trustless Bridge enables seamless asset swapping across blockchains, and Trustless Domains provides a decentralized naming system on Bitcoin. It's all happening in the early stages, and now is the time to get involved and be part of the BTC network's evolution.
Unleashing the Potential of Bitcoin Beyond Currency
Trustless Computer is paving the way for a new era of decentralized applications and smart contracts on the Bitcoin network. Let’s examine the potential….
Generalizing Bitcoin:
Trustless Computer is on a mission to make Bitcoin more than just a digital currency. It provides developers with the tools and infrastructure to create decentralized autonomous organizations (DAOs), decentralized exchanges (DEXs), non-fungible tokens (NFTs), token auctions, lending platforms, data storage solutions, and more.
Bitcoin dApp Examples:
The current roster of Bitcoin decentralized applications (dApps) powered by Trustless Computer is expanding rapidly.
🚀 The Current Bitcoin dApps Enabled:
Bitcoin File System (BFS)
Ordinals Protocol
BRC-20 tokens (Equivalent of ERC-20)
NFTs (BRC-21)
Bitcoin Name System (BNS)
The New Bitcoin City:
Trustless Computer's ambitious project involves building The New Bitcoin City - a thriving ecosystem for dApps and smart contracts. This city will serve as a hub for innovation and collaboration, facilitating the growth of various blockchain-based projects. It consists of 4 main areas: Generative village, Defi District, Fantasy Land and Perceptron Square.
Real-world Use Cases:
Explore Generative Village, a realm showcasing captivating crypto art generated by intricate algorithms. Visit DeFi District, where decentralized finance takes center stage through BRC-20 tokens. Immerse yourself in Fantasy Land—an autonomous, ever-evolving metaverse. And witness the power of on-chain AI with Perceptron Square, where functioning neural networks reside on the Bitcoin blockchain. Let’s briefly touch each of that.
In Generative Village, you'll discover a treasure trove of captivating crypto art, crafted with intricate algorithms that bring digital masterpieces to life.
In DeFi District, you'll witness the immense power of decentralized finance through BRC-20s. This neighborhood is a bustling hub of financial innovation, where traditional barriers are broken down and new opportunities for wealth creation emerge. Think of all the defi protocols on ETH but emerging on BTC.
Then, we have Fantasy Land—an autonomous, self-evolving metaverse. A world that adapts and evolves with the collective imagination of its participants.
Finally, Perceptron Square an on-chain AI. Perceptrons are the first on-chain functioning neural networks. They live on the Bitcoin blockchain in perpetuity.
Alongside that, there are currently different dApps that are current up and running that you can test and interact with. Let’s look at some of them.
Trustless Wallet:
Discover a gateway to dApps on the Bitcoin network, providing seamless access to the exciting world of decentralized applications.
Trustless Bridge:
Unlock the ability to swap between different blockchain assets with Trustless Bridge, facilitating interoperability and seamless asset transfers.
Trustless Market
Enables you to create your own BRC-20 tokens and distribute/sell them.
Trustless Faucet
A faucet that gives you TC tokens when using or testing dApps on Trustless Computer.
Trustless NFTs
The BRC-721 token standard on Bitcoin is similar to ERC-721 on Ethereum. It can represent virtually anything in Bitcoin.
Trustless Domains:
Experience a decentralized, open, and permissionless naming system on Bitcoin, revolutionizing the way we navigate the blockchain landscape.
Let’s introduce you to GM, the first Solidity smart contract running on Bitcoin.
On-chain conceptual art
10,000 collectible fungible tokens (tokeneconomics of the $gm token : 80% Crowdfund; 10% Future exchange listing; 10% dev team)
Collect GM: http://newbitcoincity.com/gm
Explore the new world
Back in March, @punk3700 of generative.xyz embarked on a search for a new art concept to delve into. With an existing on-chain living art collection on Bitcoin called Timechain and an on-chain AI collection known as Perceptrons, the quest for a fresh and intriguing idea began. That's when @jpg and their canons caught attention.
The fascination with conceptual art led to the realization that code itself could be a collectible. Inspired by the design of the Ordinals protocol, which enables the writing of jpegs onto Bitcoin, an intriguing question arose: could smart contracts and decentralized applications also be written to Bitcoin?
This experiment aimed to explore the fusion of the EVM as the compute layer and Bitcoin as the storage layer, with a specific focus on deploying an ERC20 Solidity smart contract ($GM) on the Bitcoin network. Let's dive into the process and delve deeper into this captivating journey. Get started here.
Early-stage Opportunities:
With Ordinals, BRC-20, and BRC-721 gaining momentum, the Bitcoin ecosystem is evolving rapidly. As an early adopter, you have the chance to participate in this transformative journey and seize the emerging opportunities within the BTC network.
Future Guide:
Stay tuned for an upcoming comprehensive guide that will provide a step-by-step walkthrough, empowering you to explore and leverage the opportunities presented by Trustless Computer and the Bitcoin network.
How to cash on this new Bitcoin opportunity
The rise of Trustless Computer has opened up a world of possibilities for Bitcoin enthusiasts and developers alike. By expanding the horizons of what Bitcoin can achieve, Trustless Computer is ushering in a new era of innovation and decentralized applications. Buckle up for a journey into the future of Bitcoin, and don't miss out on the forthcoming guide that will equip you with the knowledge and tools to navigate this exciting landscape. Join the newsletter to be part of this groundbreaking exploration.
We have come up with a comprehensive guide to help you navigate the exciting opportunities within the BTC ecosystem. Subscribe to a paid membership to access the Bitcoin Cash Cow Guide. Buckle up and prepare to embark on an incredible journey into the world of Trustless Computer and Bitcoin.
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Let's delve into the intricacies of the upcoming significant Bitcoin opportunities, discuss the recommended course of action, and introduce our investment tracker below. Our objective is to generate a monthly passive income of $10,000 by capitalizing on the vast potential of blockchain, web3, and crypto opportunities throughout the 52-week challenge. Read on to discover how you can embark on this journey towards prosperity and track your investments along the way.
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