Bitcoin Dogs, the first-ever ICO launched on the Bitcoin blockchain, has raised more than $450k in just three hours.
Launched today at 11:00 am GMT, the sale of the native token 0DOG has seen unprecedented interest from early investors. The tokenomics, roadmap and investment potential of this project looks to be the driving force behind this great presale launch.
Bitcoin Dogs: A hot ICO, a quick sale
As far as hot ICOs go, Bitcoin Dogs could be among the quickest sales in recent history. The sentiment across the crypto market has boosted the project’s presale, which incidentally, launched on the day the world celebrated Valentine’s Day.
The Bitcoin Dogs announcement last week that its 0DOG token was set to launch on February 14, created a huge buzz in the market. A day later and Bitcoin price skyrocketed to above $50k for the first time in two years. This sees Bitcoin Dogs’ presale commence at a time when market experts, including on Wall Street, have forecast a potentially staggering run for BTC and crypto.
If the community embraces the Bitcoin Dogs sale, as suggested by the remarkable start it has recorded today, a sell out before the indicated 30 days is possible. Early bird adopters might also fancy buying in the first rounds before a raging market morphs into a FOMO. The Bitcoin Dogs presale features only 10 stages.
Check out the presale page for details on how to buy.
What is Bitcoin Dogs?
While Bitcoin Dogs is the first ever ICO on Bitcoin, it’s entering an ecosystem that has several projects. However, as the team points out on their website, what drives this project is the team’s passion for Bitcoin.
By hosting their token sale on the flagship blockchain, Bitcoin Dogs isn’t just giving a nod to Bitcoin’s security – it’s seeking to honor its legacy as a pioneering network for global finance.
The project will mint the total supply of 900 million 0DOG tokens on BRC-20, with 810 million available during the ICO period. Although users will be able to buy 0DOG using ERC-20 tokens, they will receive BRC-20 tokens at the end of the presale.
As a new gaming and NFTs platform, Bitcoin Dogs offers a Tamagochi-inspired platform, complete with social integrations. 10,000 unique NFTs will be available, making this an ordinals collection where caring for and nurturing virtual pet dogs unlocks exclusive benefits and opportunities via the 0DOG utility token.
Join the presale and be part of the revolutionary Bitcoin Dogs community.
Bitcoin Dog’s roadmap to success
Bitcoin Dogs’s roadmap is one where community growth aligns with major initiatives. In this quarter, there’s the BRC-20 sale, staking pools and token launch on CEXs. In Q2, Bitcoin Dogs will debut its NFT collection, game (beta) and announce P2E partners. Further developments include a multi-chain bridge in Q3 and Dogoverse launch early next year.
The initiatives outlined in this roadmap will also align with factors such as Bitcoin’s halving in April and post-halving rally later in the year. A resurgence in the NFTs and gaming space could be another catalyst for 0DOG, suggesting the presale is likely a great time to take a position.
Investors might want to note that the 0DOG presale will only run for 30 days, ending on March 15, 2024. Getting in early is a way to ensure you do not miss out.
You can learn more about Bitcoin Dogs here.
