๐ฎ๐ Discovering Trex20: GameFi and NFTFi on the Bitcoin Protocol ๐๐ฎ
๐ Let's dive into key features and potential of #TX20 in this captivating thread! ๐งต๐
1๏ธโฃ Introduction and Overview: Trex20 is a significant leap in blockchain gaming, combining GameFi and NFTFi elements on the Bitcoin Protocol. It aims to create a comprehensive ecosystem akin to game consoles like PlayStation or GameBoy. Users can enjoy multiple games, participate in a dynamic NFT marketplace, and benefit from a progressive lotto system.
2๏ธโฃ Technology and Feature: Trex20 offers a plethora of features, including multiple games, an NFTFi Marketplace for borrowing, lending, and trading NFTs, alongside a progressive lotto, all seamlessly integrated into a single ecosystem. It debuts with three captivating games in its inaugural season, promising an immersive gaming experience within a PlayStation/Gameboy-like ecosystem on the BRC20 blockchain.
3๏ธโฃ Whitepaper Analysis: Trex20 is the first permissionless protocol for cross-chain inscriptions. It simplifies the deployment, minting, and bridging of inscriptions. Trex20 pioneers permissionless inscription markets on BRC20. It enables easy customization and one-click bridging to ERC20 or any EVM for enhanced liquidity. As the first cross-chain inscription market maker, Trex20 requires no code or technical knowledge.
4๏ธโฃ Use Case: The $TX20 token is the native token in the Trex20 ecosystem offering key utilities. $TX20 token holders can engage in Inscriptions trading across multiple chains without the need to bridge their funds. Holders of the $TX20 token will receive revenue generated from cross-chain fees on the Trex20 Platform.
5๏ธโฃ Team and Leadership: The executives behind Trex20 are a blend of all seasoned blockchain professionals in their own field; angel investors, traders, marketing specialists, top-class developers, and skilled crypto entrepreneurs with decades of experience in the industry all together.
6๏ธโฃ Partnerships: Trex20 has secured partnerships with venture capital firms such as Marshland, Moonrock Capital, Oddiyana Ventures, Triple Gem Capital, Nxgen, X21, Nabais Capital, and Fundland Capital.
7๏ธโฃ Security and Audits: While specific details about security audits for Trex20 are not available, the website mentions that itโs audited. This typically involves a rigorous risk assessment, design, and implementation of control activities to mitigate risks.
8๏ธโฃ Tokenomics: The total supply of Trex20 tokens is 100 million. The current supply of the Trex20 token is 30 million token.
9๏ธโฃ Exchanges: TX20 tokens can be traded on centralized crypto exchanges. The popular exchanges to buy and trade Trex20 are Gate.io, MEXC, Pancakeswap V3 and BingX.
๐ Recent Developments: Trex20 recently get listed on top tier exchanges, marking a significant milestone for the project and enhancing its liquidity and accessibility for users.
1๏ธโฃ1๏ธโฃ Conclusion: In conclusion, Trex20 stands as a pioneering project at the intersection of GameFi and NFTFi on the Bitcoin Protocol. With its unique approach to gaming, an NFT marketplace, and a community-centric revenue model, Trex20 offers an exciting opportunity for players and investors.
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