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Animoca and Darewise Unveil Bitcoin Protocol OPAL

Discover how Animoca and Darewise's OPAL Protocol, powered by Bitcoin's Ordinals, is set to revolutionize web3 gaming, entertainment, and more. Learn about the $BLIF token and more.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Animoca and Darewise Unveil Bitcoin Protocol OPAL

In a collaborative effort to push the boundaries of web3 technology, Animoca Brands, and its subsidiary Darewise Entertainment have announced the launch of the OPAL Protocol. This ambitious initiative aims to establish a thriving ecosystem centered around Bitcoin, spanning gaming, entertainment, decentralized finance (DeFi), and education.

At the heart of OPAL lies the Runes token $BLIF, which has already been integrated into Darewise's massively multiplayer online game (MMOG) Life Beyond. This move marks a significant step towards the mainstream adoption of cryptocurrency within the traditional web2 gaming industry.

Animoca Brands executive chairman and co-founder Yat Siu stated: "Building up our presence on the Bitcoin chain through the exciting work of the OPAL Protocol will help to advance our vision of an open metaverse."

Animoca and Darewise Unveil Bitcoin Protocol OPAL

Top Tier Partners

Joining forces with Animoca Brands and Darewise Entertainment in this venture are a host of partner companies, including Xverse, Alex Labs, Magic Eden, Open Campus, Enjinstarter, Helika, Horizen Labs, Op3n, Azarus, and Pixelynx. This diverse lineup reflects the broad scope of OPAL's ambitions and its commitment to fostering a sustainable and collaborative ecosystem.

To incentivize participation and ensure the long-term viability of the ecosystem, Animoca Brands has introduced an initial Proof of Value Work (PoVW) system. This innovative approach rewards members based on their contributions, encouraging active engagement and innovation within the community.

Animoca and Darewise Unveil Bitcoin Protocol OPAL

Introducing $BLIF Token

As part of the launch strategy, early adopters of the $BLIF token, including OPAL's partner companies, will receive a token grant. In return, they are expected to play an active role in enhancing the utility and functionality of $BLIF throughout its inaugural year.

Commenting on the announcement, Animoca Brands executive chairman and co-founder Yat Siu emphasized the transformative potential of Bitcoin in shaping the future of digital culture. "With the advent of Ordinals, Bitcoin made the giant leap from simply being a way to store value to becoming a store of culture for the web3 age," Siu remarked. 

Animoca and Darewise Unveil Bitcoin Protocol OPAL

Final Thoughts

Developers eager to join the OPAL Protocol and leverage the $BLIF token are invited to apply for membership through the official channels. This presents a unique opportunity for innovators and creators to be at the forefront of a groundbreaking movement in web3 technology. As the OPAL Protocol gathers momentum, it stands poised to redefine the landscape of gaming, entertainment, and beyond, ushering in a new era of decentralized digital experiences.


NewsToken

updated:

April 30th 2024

posted:

April 30th 2024

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