DigiDaigaku Announces Launch of Bitcoin NFTs: What You Need to Know

On April 30th, according to official Twitter, the NFT project DigiDaigaku announced the launch of Bitcoin Original NFT. DigiDaigaku Genesis holders will receive free or Bitcoin NFT DigiDaigaku Chibi, which is expected to take a snapshot on the Ethereum block at a height of 1714466 on May 1st. DigiDaigaku reminded users to ensure that the Genesis NFT is in a hot wallet, rather than a multi signed wallet like Safe. It is reported that the Chibi Genesis series will be DigiDaigaku’s Limit Break’s first foray into Bitcoin NFTs.

DigiDaigaku: Bitcoin Original NFT will be launched, with a snapshot scheduled for May 1st

Introduction

On April 30, DigiDaigaku, an NFT project, announced the upcoming launch of its Bitcoin NFTs. The announcement has sparked excitement among digital art enthusiasts and cryptocurrency investors alike. In this article, we will dive deeper into what has been revealed so far about DigiDaigaku’s foray into Bitcoin NFTs.

What Are Bitcoin NFTs?

Before we delve into the specifics of DigiDaigaku’s upcoming launch, it’s important to understand what Bitcoin NFTs are. Simply put, Bitcoin NFTs are non-fungible tokens built on the Bitcoin blockchain. Unlike Ethereum-based NFTs, which use the ERC-721 standard, Bitcoin NFTs use the Omni Layer Protocol. The use of Bitcoin’s blockchain will bring greater security, transparency, and immutability to the NFT market.

DigiDaigaku and Its Genesis Holders

DigiDaigaku is an NFT project that launched in March of 2021. The project aims to bridge Japanese pop culture with blockchain technology. The project has already gained much popularity, with its first series, Genesis, completely selling out within minutes of its launch. Those who hold a Genesis NFT can now look forward to receiving a Bitcoin NFT from DigiDaigaku for free or by trading it with other community members. The Bitcoin NFT will come in the form of a DigiDaigaku Chibi, a cute and stylized character that represents the project.

Snapshot on Ethereum Block

The snapshot of the Genesis holders’ addresses will be taken on the Ethereum block at a height of 1714466 on May 1st. This means that the Bitcoin NFTs will be airdropped to the holders based on the snapshot taken at that particular block height. DigiDaigaku has warned holders to ensure that their Genesis NFT is in a hot wallet and not a multi-signed wallet like Safe, to avoid any potential issues when receiving the Bitcoin NFT.

What Is DigiDaigaku Limit Break?

DigiDaigaku Limit Break is an upcoming series that will showcase DigiDaigaku’s first venture into Bitcoin NFTs. The series will feature the Chibi Genesis characters, but in different poses and with various upgrades. The series will be released in different tiers, each with its own rarity level. The rarest and most valuable NFTs will be found in the highest tiers.

What This Means for NFT and Bitcoin Markets

The launch of DigiDaigaku’s Limit Break series is indicative of NFTs moving beyond the traditional Ethereum blockchain. Bitcoin’s blockchain, with its superior security and immutability, offers a more robust platform for creating and selling NFTs. The move towards Bitcoin NFTs could bring a new wave of mainstream users and investors into the NFT market. With the consistent and relentless growth of the Bitcoin market, Bitcoin-based NFTs could be the key to unlocking even further market value.

Conclusion

In conclusion, the release of the Bitcoin NFTs by DigiDaigaku is an exciting development for the world of NFTs and the Bitcoin market in general. By leveraging Bitcoin’s blockchain, DigiDaigaku is taking the NFT market to new heights. The move towards Bitcoin NFTs could help fuel further growth in the NFT market, while also introducing new users and investors to the world of cryptocurrency.

FAQs

1. Who is DigiDaigaku?
DigiDaigaku is an NFT project that aims to bring Japanese pop culture and blockchain technology together.
2. What are Bitcoin NFTs?
Bitcoin NFTs are non-fungible tokens built on the Bitcoin blockchain, which offer improved security, transparency, and immutability.
3. What is DigiDaigaku Limit Break?
DigiDaigaku Limit Break is an upcoming series that will showcase DigiDaigaku’s first venture into Bitcoin NFTs. The series will feature Chibi Genesis characters.