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Giants Planet, a rising star in the BTC ecosystem, integrates L2 with reality

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Post time 22-4-2024 08:33:10 | Show all posts |Read mode
With the strong support of the Singapore Sovereign Wealth Fund, Giants Planet is set to ignite a new trend in Web3.

Following the approval of the BTC spot ETF earlier this year, the crypto world has seen an influx of funds, leading to a significant surge in BTC prices. In contrast, the shortcomings of traditional finance are becoming increasingly apparent, with most assets failing to match the growth of BTC. This has sparked great interest among traditional companies and some countries in the rising BTC phenomenon.

The challenge now lies in how to capitalize on the BTC boom, as simply purchasing BTC may no longer suffice. However, Giants Planet has emerged to address this challenge. By leveraging GameFi and constructing a dedicated BTC Layer 2, it aims to facilitate deeper integration of most companies and regions into the BTC ecosystem.

Notably, Giants Planet is the only blockchain project supported by the Singapore Sovereign Wealth Fund to date. With such a prestigious endorsement, it is poised to impress.

Let's delve into Giants Planet to understand how it is pioneering the BTC Layer 2 ecosystem from a GameFi perspective and offering exclusive wealth opportunities.

**Basic Overview of Giants Planet**
Giants Planet, as a GameFi platform, is building BTCL2 and gradually establishing the Giants ecosystem, with the core aim of integrating the real world with the trillion-dollar BTC ecosystem of the future.

Backed by the Singapore Sovereign Wealth Fund, the team behind Giants Planet boasts extensive experience. 2 MR Labs, the driving force behind Giants Planet, comprises members with rich cryptocurrency and blockchain industry experience, including Forbes Under 30 members, as well as professionals from institutions like CoinW, Polygon, M+S, and KPMG.

CEO Arthur, a former commander of the Singapore Special Forces Parachute Command, and CTO Alberto Tristan, an experienced developer who previously worked on several renowned projects, including serving as the development lead for the prominent Vietnamese blockchain Aura Network, lead the team.

Moreover, Giants Planet was recognized as one of the top 20 Web3 startups in Southeast Asia by Web3 Matching, hosted by BNB Chain, Kyros Ventures, and AWS.

The project has garnered support from notable investors and partners, with Heliconia Capital, a subsidiary of Singapore's Temasek Holdings, being the most prominent. Temasek Holdings is a major investment company owned by the Singaporean Ministry of Finance, holding shares in nearly half of Singapore's largest and most profitable companies, making it a pillar of the Singaporean economy. As of March 31, 2023, Temasek Holdings' portfolio was valued at SGD 382 billion (approximately USD 287 billion), primarily distributed in Singapore and Asia.

Additionally, support from institutions such as Plug And Play VC, Breeder Dao (from a16z), Eden Ventures, LucidBlue Ventures, PG Capital, TAP, and Brinc has provided Giants Planet with a solid foundation for development. The project has already raised over USD 2 million and is currently conducting strategic and private rounds of fundraising.

**Pioneering NFT Series Garnering Community Attention**
With support from the team and investment institutions, Giants Planet has launched two NFT series. The Giants Planet: Founding Explorers project, minted for free in August 2023, consists of 222 items. It is now available on the OKX Web3 wallet, with a floor price of 0.0499 BTC and a total trading volume of 1.03 BTC.

Holder privileges include priority whitelist access to future projects and token sales, early beta testing access to new features and developments, direct communication with the team to enhance transparency and open dialogue, access to exclusive private rooms on Discord, early access to project information, invitations to real-world events to promote community interaction and networking, and pre-IPO stock allocation of the parent company 2 MR Labs to provide financial incentives.

On January 30, Giants Planet launched the Giants Ordinals Golden Egg NFT project, built on BRC-420, with a total supply of 9999 items. It is now available on the OKX Web3 wallet, with a floor price of 0.0089 BTC and a total trading volume of 0.129 BTC.

Holder privileges include staking to obtain BGPS, 1:1 exchange for future Giants Planet game NFT assets, exclusive and early access to BGPS private events, access to Giants Pals, the first AI-driven pet companion game, and access to RWA and Web2 brand partnerships through the marketplace.

**Highly Anticipated AI-Driven BGPS Token**
Giants Planet will introduce the BGPS token, based on the BRC 20 standard, with a total supply of 88 billion tokens. BGPS is the core token of the Giants Planet ecosystem, driven by AI, which adjusts the token's economic model according to market conditions and user needs to maintain its value.

Later, the project will introduce the Runes standard token, which is easier to maintain and offers advanced performance in some aspects compared to the previously issued BGPS token. The token is expected to be launched after the BTC halving.

The BGPS token is currently available for presale through invitation in the Private Sale. Various purchase channels will be introduced later, with the BGPS Launch set to take place soon. According to the team's roadmap, BGPS will be listed on centralized exchanges in April-May this year.

**GameFi Layout, BTC Ecosystem Deep Dive, Exclusive L2 Construction**
Giants Planet, leveraging GameFi, not only incorporates popular narratives but also attracts numerous Web2 users to seamlessly enter Web3 at a lower threshold.

As a platform where Web2 and Web3 coexist, Giants Planet opts for a relatively relaxed and casual pet-raising mode rather than complex gaming mechanisms. This approach integrates Web3 economic mechanisms and NFT attributes while providing entertainment.

Giants Planet incorporates AI into the game to enhance the user experience and integrates RWA attributes into the trading market, combining real-world and virtual assets to offer users diverse choices.

Giants Planet Game Mechanism
Giants Planet is an augmented reality mobile game based on location services, belonging to the pet-raising genre. Similar to Niantic's "Pokemon GO," players interact with the real world through their mobile devices' cameras and GPS to discover and capture virtual creatures known as Giants. Giants can be encountered and captured at special locations such as "Giant Spawn Points" and "Epic Giant Arenas."

Giants Planet encourages players to actively participate using the BGPS token. BGPS can be used to purchase in-game items and real-world assets on the Giants Planet marketplace. Each captured Giant is represented as a unique token, allowing players to freely trade them. Additionally, Giants Planet introduces a Giant hatching mechanism, where players need to take a certain number of steps to hatch Giant eggs and ensure the Giants' health through continuous movement or interaction.

From the game mechanics described above, Giants Planet combines the gameplay mechanisms of the globally popular Pokemon GO with the health-oriented mechanisms of Web3's breakout GameFi StepN, while integrating token economics and NFT trading into the game mechanism. It could be the next breakout GameFi project.

**Emerging Star in the BTC Ecosystem, Building an Ecosystem Complex**
As the engine of this round of bull market, the BTC ecosystem has continuously produced new project architectures since last year, giving rise to new narrative scenarios. Giants Planet, by issuing its core token BGPS based on the BRC-20 protocol and anchoring ecosystem assets like Founding Explorers and Giants Ordinals on the BTC blockchain, demonstrates

its active contribution to the BTC ecosystem. It aims to expand BTC network applications, driving future innovation and development.

In addition, Giants Planet will collaborate with the Lambda Class team to build a BTC Layer 2. Looking at the Giants Planet architecture, it is divided into Giants Planet Chain, central system, and DApp.

- Giants Planet Chain will use indexing to build on the BTC mainnet while also being compatible with EVM, making smart contracts Turing complete.
- The central system includes user center, product center, order center, marketing center, and risk control.
- DApp includes existing Giants Planet projects such as market, staking, GameFi, user incentive center, NFT projects, and Launchpad.

Giants Planet provides comprehensive DApp construction channels for project parties, helping them integrate with the ecosystem in the future. With users at the center, it links user incentive tasks, NFTs, Staking, and GameFi to provide users with wealth effects.

As the BTC halving approaches, Giants Planet is releasing new wealth opportunities.
With the BTC halving approaching, Giants Planet has launched three major activities to thank everyone for their attention.

- Staking V2: Provides staking of golden eggs to obtain BGPS tokens.
- The upcoming release of the Giants Inscription game on the Apple Store.
- The upcoming launch of the Giants Planet Runes ecosystem.

Staking V2 allows for the upgrading of golden eggs and staking to obtain BGPS tokens. Regarding egg upgrades, as mentioned earlier, there are 9999 golden eggs, and every three golden eggs can be upgraded to rare eggs, with every three rare eggs upgrading to a mystery egg. The upgrade involves depositing three golden eggs or rare eggs into a dedicated black hole address to generate a higher-level attribute. Different attribute values affect the staking rewards, with more valuable attributes yielding more BGPS tokens. The Staking V2 activity commenced on April 17th: app.giantsplanet.com/staking.

As previously described, the Giants Inscription game is a Web3 Pokemon Go that presents the unique story of Giants Planet through real-world virtual interaction technology.

The Giants Planet Runes ecosystem will be launched after the BTC halving, and apart from the previously mentioned rune tokens, it will also build a unique rune ecosystem.

After the conclusion of Staking V2, Giants Planet will collaborate with OKX, Coin 98, and Magic Eden to launch a large-scale airdrop activity, which is expected to be related to previously issued NFTs.

By combining GameFi and BTC Layer 2, Giants Planet serves as a bridge between the real world and Web3. This achievement is not only attributable to the team's capabilities but also to the collaboration with teams like Lambda Class and the strong support from the Singapore Sovereign Wealth Fund. From a broader perspective, Giants Planet's emergence indirectly improves the efficiency of integrating the real world into the future and paves the way for the widespread adoption of Web3.
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Post time 22-4-2024 09:04:41 | Show all posts
It's also worth exploring this aspect further.
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Post time 22-4-2024 09:05:14 | Show all posts
What exactly is the new direction being referred to?
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Post time 22-4-2024 12:33:40 | Show all posts
This integration paves the way for the widespread adoption of Web3, making it meaningful.
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