THE•BITMAP•TOKEN (RUNES) is a fungible token designed to enhance the liquidity of its underlying asset, Bitmap NFT. Etched on the Bitcoin mainnet at block 842069, THE•BITMAP•TOKEN was created for a single purpose—making Bitmap NFTs more liquid. Right now, THE•BITMAP•TOKEN can only be obtained by converting Bitmap NFTs via Merlin Phantom or purchasing them from others who have already converted theirs. Key Features:
- Fungibility: Unlike the non-fungible Bitmap NFT, THE•BITMAP•TOKEN is fungible, making it more liquid and tradable, including fractional trading, which is not possible with Bitmap NFTs.
- Bidirectional Exchange: Merlin Phantom supports bidirectional exchanges, allowing users to convert their Bitmaps into Runes and vice versa at any time.
- Exchange Rate: The fixed exchange rate is 1 Bitmap = 10,000 THE•BITMAP•TOKEN.
- Security: The token’s contract has been audited by Scalebit, ensuring the security of users' assets. More Details of THE•BITMAP•TOKEN:
- On Bitcoin Mainnet (L1): https://ordinals.com/rune/THEBITMAPTOKEN
- On Merlin Chain (L2): https://scan.merlinchain.io/token/0x7b0400231Cddf8a7ACa78D8c0483890cd0c6fFD6
What Can You Do with Bitmap on Merlin?
- Bitmap.game
- On Bitmap.game, you can:
- Customize your land plots
- Communicate with friends via text and voice on your Bitmap land
- If your land plot is 2x2 or larger, you can add extra items
- Merlin Phantom
- If you hold a regular Bitmap, you can exchange it for Bitmap tokens in Phantom for easier large-scale trading
- NFT Trading
- You can also trade Bitmap on NFT markets supporting Merlin, such as: