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OrdinalsBot Behind 80% of the Largest Files Inscribed on Bitcoin Blockchain; Announces Revenue, Growth and Partnerships

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OrdinalsBot, a prominent startup in the realm of Bitcoin inscriptions, has emerged as a trailblazer in pushing the boundaries of what can be achieved on the Bitcoin blockchain. Specializing in the inscription of large files, the startup recently made headlines by inscribing one of the largest files ever recorded on the Bitcoin network, a 3.969 megabyte inscription that features “A Declaration of Independence in Cyberspace” rendered as a large, legible image. This achievement underscores OrdinalsBot’s innovative approach to leveraging the capabilities of the blockchain.

The startup, which focuses on making the process of minting Ordinals more accessible, has seen significant success and growth. In a notable development, OrdinalsBot secured $3 million in funding, which will be used to enhance its infrastructure and launch an inscription marketplace. This funding round highlights the confidence investors have in the potential of OrdinalsBot to revolutionize the way digital assets are managed and traded on the Bitcoin blockchain.

OrdinalsBot’s contributions to the blockchain space are not limited to technological advancements alone. The company has engaged in various high-profile collaborations, including projects with renowned artists such as Ghostface Killah and French Montana. These collaborations demonstrate the cultural and commercial potential of blockchain technology in bridging the gap between digital art and cryptocurrency.

Furthermore, the startup’s efforts extend beyond mere inscriptions. OrdinalsBot is focused on creating a comprehensive ecosystem that supports the creation, management, and trading of digital assets on the Bitcoin blockchain. By establishing an inscription marketplace, OrdinalsBot aims to facilitate a seamless and efficient platform for artists, creators, and collectors to interact and transact.

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This strategic approach positions OrdinalsBot as a key player in the burgeoning field of blockchain inscriptions, with the potential to significantly impact how digital assets are perceived and utilized. As the company continues to innovate and expand its offerings, it is poised to play a crucial role in the mainstream adoption of blockchain technology for digital art and other creative endeavors.

Source: finance.yahoo.com

The post OrdinalsBot Behind 80% of the Largest Files Inscribed on Bitcoin Blockchain; Announces Revenue, Growth and Partnerships appeared first on HIPTHER Alerts.

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Blockchain

Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision

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Alpine Web3 and Everdome are joining forces to push the boundaries of fan engagement through immersive digital experiences. Building on Alpine’s storied motorsport legacy, this partnership will bring fans closer to the action with metaverse pop-up spaces and interactive events.

As Alpine Web3 shifts its focus beyond motorsport, this collaboration aims to redefine sports marketing by merging the physical and digital worlds, offering fans a dynamic and innovative way to connect with their favorite teams and events.

Alpine is a brand with a long and successful history, founded in 1955 by Jean Rédélé and quickly building success across multiple motorsports disciplines. With titles across multiple motor racing disciplines such as the World Rally Championship, 24 Hours of Le Mans, success in F1® racing and the FIA WEC Endurance World Championship, Alpine has constantly innovated for success.

Now Alpine seeks to expand their innovation beyond motorsport, looking for ways to engage new audiences with experiential sports marketing as the real and digital worlds converge.

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This two-way partnership will see Everdome work on a variety of experiential Alpine focussed destinations, kicking off with a series of metaverse pop-up spaces for Alpine Web3, released to coincide with the major sporting events across their race calendar, from Formula One® and beyond.

Everdome will also create interactive events with Alpine Web3 and their partners, allowing global audiences to take one step closer to the action as we explore the future of sports fan engagement together.

Last year, Everdome and Alpine first collaborated with an exclusive metaverse AMA with their F1® driver Pierre Gasly and Binance Fan Token, creating an interactive event where the audience could join with their avatar-likenesses inside a unique environment, bringing them closer to their racing heroes inside a digital world.

“Experiential marketing is on the rise as audiences react positively to immersive, interactive experiences which bring a feeling of deeper involvement with their sporting teams and heroes.’’ said Artur Kaczmarczyk, Chief Growth Officer for Everdome. “This new partnership will explore a future of sports fan engagement, creating a series of activations across the motorsports racing calendar to let global Alpine fans feel closer to the team, drivers and brand.’’

Beginning with metaverse spaces highlighting images and videos from Alpine inside fully interactive, avatar-led digital environments, Everdome will go on to create a dedicated and permanent metaverse footprint for Alpine Racing inside their digital headquarters, showcasing their glorious history, exciting present and promising future.

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“This collaboration with Everdome underlines our commitment to constant innovation through leveraging the latest technology”, said Guillaume Vergnas, Head of Merchandising, Licensing, Esports & Web3 at Alpine. ‘’Motorsport has always been about passion, spectacle and interaction, and with Everdome we seek to allow audiences a taste of the spectacle in a novel digital world.’’

Everdome will introduce their large community of web3 followers and metaverse pioneers to Alpine’s exciting web3 ecosystem, paving the way for some exciting cross-project collaborations, activations and more across 2024 and beyond.

The post Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision appeared first on HIPTHER Alerts.

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Blockchain

Blockchain Technology Market Size to Achieve USD 1,879.30 Billion by 2034

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Blockchain

Blockchain Technology in BFSI Market Is Expected To Reach a Revenue Of USD 258.2 Bn By 2033, at 46.0% CAGR: Dimension Market Research

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