- Marathon Digital has unveiled two sidechains on Anduro, a new multi-chain layer-2 network built on Bitcoin.
- Bitcoin Dogs ($0DOG), the first-ever BRC-20 ICO, has surpassed $5.4 million amid significant industry interest.
- The $0DOG presale ends on March 15, 2024.
Bitcoin’s appeal as a blockchain network continues to expand with the arrival of applications that leverage its security, decentralization, and reliability. Marathon Digital, one of the world’s leading crypto mining companies, is advancing this growth through Anduro — a new multi-chain layer-2 network on Bitcoin.
At the same time, Bitcoin Dogs, a new GameFi and NFT project, has drawn strong attention after launching the first ICO ever on the Bitcoin blockchain.
Marathon Digital launches the first sidechains on the new Bitcoin layer-2 network
Marathon Digital says Bitcoin’s strengths make it attractive to developers, but the network’s current capabilities present scalability challenges. Anduro is designed to address those limitations by acting as a programmable layer-2 network on Bitcoin, providing an application layer while strengthening Bitcoin’s proof-of-work security.
The company revealed the first two sidechains for the multi-chain layer-2 network — Coordinate and Alys. Coordinate offers a more cost-effective UTXO stack for Ordinals, while Alys is an Ethereum-compatible platform for asset tokenization.
Fred Thiel, Marathon’s chairman and CEO, said Anduro has the potential to expand Bitcoin’s functionality and adoption.
“We believe in testing, iterating, and letting the market decide which ideas succeed. We think Anduro is one of those ideas that delivers value to Bitcoin holders and application developers while reinforcing the long-term sustainability of Bitcoin’s proof-of-work,” Thiel added in a press release.
Last week, TRON founder Justin Sun also outlined plans for a layer-2 solution with a roadmap he said would help bring DeFi, NFTs, and gaming to the Bitcoin ecosystem.
Bitcoin Dogs: A gaming and NFT platform on Bitcoin
Marathon announced the two initial sidechains on Anduro this Thursday, noting they are still under development. The news came as Bitcoin (BTC) climbed toward $64,000.
Meanwhile, Bitcoin Dogs ($0DOG) attracted considerable interest as its presale exceeded $5.4 million.
Bitcoin Dogs is a new project delivering a game and a platform for digital collectibles on Bitcoin. The project’s vision includes 10,000 unique and rare Ordinals NFTs, a play-to-earn game, and an active community participating in entertainment and investment opportunities built around Bitcoin.
The Bitcoin Dogs roadmap calls for a beta game launch, NFT collection debut, and play-to-earn partnerships in Q2 2024. Further milestones — including a full game launch, metaverse developments, and multi-chain bridge support — are scheduled for Q3 2024.
Opportunities during the Bitcoin Dogs presale
$0DOG, the native utility and governance token for the Bitcoin Dogs ecosystem, is a BRC-20 token. According to the project’s whitepaper, the token has a total supply of 900 million. The presale is offering investors access to 810 million $0DOG tokens.
The ICO is now about 15 days from its scheduled end on March 15, 2024. The presale price has risen from $0.015 to $0.0251 to date. In a little over two weeks, $0DOG is expected to list on exchanges.
Interested parties can learn more by visiting the project’s official website.