In Episode 317 of The Block Runner Podcast, hosts William and I-man unpack why this Bitcoin cycle felt like a failed rocket launch, how unrealistic expectations soured market sentiment, and what Bitcoin's diminishing returns mean for miners and the long-term security budget.
They then dive into the real world asset wave sweeping crypto: graded sports cards and Pokemon moving on-chain, Meteora and OpenSea entering the RWA arena, and what past collectible bubbles, from tulips to trading cards, teach us about speculative media.
Finally, they share NAT.fun updates: the second rocket launch, a move toward systemic periodic launches, fame-score based caps, and ten thousand dollars up for grabs for creators.
Disclosure: The hosts are founders of NAT.fun and hold positions in assets discussed. Nothing in this episode is financial advice.
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We discuss with the founder of Ordswap.io, Jack Liu the origins of builder culture on Bitcoin. Through his extensive experience, he has identified what makes Ordinals the lightning in a bottle moment for the Bitcoin ecosystem. Now with so many interested parties dedicated to creating value for Bitcoin through Ordinals, the momentum will drive it to become a full-fledged developer platform. Also, why does he find Bitmap one of the more exciting innovations from the Ordinals movement? From his perspective, Bitmap satisfies all 3 of his criteria when determining if an idea has the potential to take over a market or not. Also, for the first time a guest turned the interview back onto us and asked us several questions about our experience and opinions on how this metaverse space on Bitcoin will develop, a first for us 😅
We discuss how our new platform launch went and how the market is reacting to Blockamoto’s parcel inscription standard. Why are so many fearful and reluctant of enabling parcel inscriptions this early? Also, we break down how important the standard of bitmap is to maintaining a consensus among developers who are building within the ecosystem. In order for new technical layers to be built on top of the ID system that bitmap represents, we need project founders to follow the mechanisms of land distribution in accordance with the standard. Will the xSpectre project who is distributing land in their VE outside of the parcel standard effect the outcome of their ecosystem negatively in the long run?
The crypto bull market is showing signs of progress after ripple case and with all the interesting innovations emerging especially from the Bitcoin ecosystem. Yat Siu, founder of Animoca Brands is paying attention to Ordinals and claiming it is the next sector to show cultural growth. This is important because Yat was a huge force in the NFT movement and legitimized a lot about those projects. We then talk about what the components of the metaverse are and talk about how important the operating systems will be to the growth and maturation of bitmap ecosystem. Without operating systems, developers cannot introduce the functions needed for engaging content and experiences to be deployed.
We speak with Dirk and Bob Way from Xspectar to go over how the metaverse will have a similar buildout to the internet we have today. We identify parallels of what is needed to construct the 3D internet and what value is added through experiences in the metaverse. We also discuss the metaverse on bitcoin. Bitmap is the recognition of organic data on Bitcoin's blockchain and reimagines that data into districts of the metaverse made up of transactions now recognized as parcels of that district.
In today's interview with IMSO Chris we get an understanding on his background building for different virtual environments. With the advent of Bitmap and the BlockOut now with 800,000 districts in the hands of 17,000 people, Chris sets his sights on the growing bitmap community. We discuss what Bitmap means for the metaverse and why now is the first time we have an alignment amongst builders and landowners in a way that is built on systematic processes. We chat in depth with Chris on what he's building and how you can get involved.