Introducing Itheum BiTz — “Proof Of XP”
In the digital universe, where data holds sway, BiTz emerges as the ultimate expression of prowess, akin to the OG Experience Points (XP) in this data revolution.
Think of BiTz as the smallest data unit, symbolizing your journey towards data control and ownership in the digital landscape.
BiTz can also be perceived as the “Data Ownership OG (Original Gangster) XP” system reserved for those who ride the data ownership wave like true gangsters.
If you are an Itheum OG, hungry for data control, you are in the right crew — and BiTz XP is your ticket to the top!
Join us as we explore the significance of BiTz, understand why they matter, and uncover how they can shape your online reputation in the BiTz game.
WHY BiTz XP Matters
BiTz ain’t your regular XP system — it’s the hot sauce that spices up Itheum’s vibe, making data ownership feel like a lit party you don’t wanna miss!
BiTz signals your “liveliness” as a human and not a BOT. This is a form of “reputation signalling” of you as a human within the Itheum ecosystem. This reputation signalling is a very powerful concept when you link it to “data ownership” as it adds a layer of “proof of liveliness” to the Itheum Protocol.
There will be a wave of new “liveliness & reputation signalling” features launching within the Itheum protocol very shortly, and <BiTz> XP is the first such “liveliness & reputation signalling” feature that has been launched.
The BiTz XP System itself is built using the Itheum protocol’s Data NFT infrastructure, so it stands out to demonstrate the flexibility and power of Data NFTs as “data ownership infrastructure”.
With BiTz XP by your side, you transcend from being mere spectators to becoming a data superhero who actively shapes the digital landscape of data ownership via active participation, community and collaboration within the Itheum protocol ecosystem.
Think of BiTz XP as a tool to enable a sort of ‘proof of liveliness’ for the Itheum Protocol and with YOU having some “fun” collecting and engaging with the system.
How to Collect BiTz Points?
To embark on your BiTz journey, you will need to have a BiTz-compatible Data NFT in your wallet, and this unlocks the points collection mechanisms like the Get <BiTz> game.
Whether you obtained your BiTz-compatible Data NFT early through the launch airdrop or procured it from any NFT Marketplace, owning a BiTz Data NFT unlocks your ability to plug into this exclusive XP system.
On top of just collecting BiTz points by playing the Get <BiTz> game, you will also be awarded BiTz rewards for being “active” in the Itheum protocol and participating by using the various products and features that it offers. But, initially, the Get <BiTz> game will be your fun way to accumulate BiTz XP.
Let’s explore this further…
How to play the “Get <BiTz> Game”?
At the launch of this XP system, you can collect BiTz points every 3 hours by playing the fun “meme burning” game called Get <BiTz>.
Connect your wallet, prove you have the Data NFT and click to sacrifice and burn a meme to the “BiTz Generator God”, who if happy with your meme sacrifice will send your new BiTz points.
The game is built on top of Data NFT technology! And is an exciting and meaningful way to experience what the Itheum protocol offers. You should note that playing the game DOES NOT incur any gas fees so nothing is stopping you from participating and joining the Proof of XP bandwagon.
Whether you are a seasoned OG or a newcomer, collecting BiTz points is straightforward, rewarding, and undeniably epic.
What can I do with BiTz points?
Once you start collecting BiTz, you begin ascending our leaderboard.
We maintain both a monthly and an All-Time-High (ATH) leaderboard to track your position relative to other BiTz collectors.
Accumulating BiTz points not only elevates your status but also invigorates the Data NFT ecosystem, unlocking a plethora of rewards and opportunities tailored for the Itheum community. From exclusive monthly airdrops to boosts on Itheum Trailblazer quests and a few other exhilarating surprises, BiTz holders enjoy privileged access to a world brimming with excitement and possibilities!
Not to forget the immense bragging rights of being in the BiTz XP leaderboard and showcasing yourself as a Data Ownership pioneer and Itheum OG!
The Future:
As we conclude our early exploration of the BiTz XP system, remember that the adventure is far from over.
With a dynamic leaderboard, gifting capabilities, and exciting updates on the horizon, the BiTz journey promises endless thrills.
Share your ideas via the suggestion form to enhance BiTz utility and shape the future of this dynamic ecosystem.
Stay tuned, stay remarkable, and continue stacking BiTz as you journey through the ever-evolving BiTz zone.
Conclusion:
In the realm of Itheum, BiTz XP will pave the way towards data sovereignty and digital empowerment. Making it fun as a “proof of liveliness and reputation” and improving the quality of the data that will flow out from all the Data Creators that make up the Itheum Protocol.
Join us as we venture into uncharted territories, where every BiTz counts and every action shapes the digital landscape.
Together, let’s forge a path towards a future where data ownership is not just a privilege but a fundamental right.
Welcome to the BiTz zone — where legends are made, and data reigns supreme.
Blog Update
We have just dropped a total of 2203 BiTz Data NFTs, and let me tell you why this number is buzzing within the Itheum Protocol. Our journey kicked off back in March 2022, so when we combined the digits from our TGE date, 2203 were born, representing the number of BiTz Data NFTs we have airdropped in the first wave.
If you have missed out on the wave 1 airdrop? Don’t sweat it! Another chance is around the corner. Or you can dive straight in by checking out our Data DEX or scanning various NFT Marketplaces for sweet deals.
Now, let’s pull back the curtain and turn to the stage for a transparent talk.
Wondering how we picked the lucky recipients of these 2203 BiTz Data NFTs? Well, first dibs went to those actively fueling the growth of the Itheum Ecosystem. This includes champions of our Trailblazer Data NFT Quests. Next up, those supporting existing Data Creators by holding their Data NFTs were in the mix. Plus, if you rocked the leaderboard in our previous Zealy Competitions, you are in luck too!
And last but not least, a big shoutout to the true supporters staking over 5000 ITHEUM at snapshot time, with 1200+ lucky addresses randomly picked from the bunch. More updates coming your way, Stay tuned Itheum OGs.
About the Itheum Protocol
Itheum protocol is reshaping the landscape of data ownership in the Web3 and Metaverse ecosystems. Our “decentralized data brokerage” technology champions privacy, adheres to regulations and is prepped for multi-chain integration. Deeply anchored in both enterprise and consumer sectors, Itheum stands as a definitive choice in blockchain data and identity infrastructure. Our platform offers an array of specialized tools and services.
These include:
- The Data DEX: At the heart of the Itheum ecosystem, the Data DEX serves as the central hub for personal data ownership. It’s designed to be multi-chain compliant, ensuring broad adoption. This ecosystem encompasses tools for Data NFT minting, wallet management, and a Data NFT marketplace.
- Data NFT Marketplace: The nexus of data exchange. A platform where creators and projects worldwide can connect with a myriad of consumers, thereby monetizing their invaluable datasets in a transparent and secure environment.
- Data NFTs: Dive into the world of NFTs that are backed by scarce real-world data that boosts the value and utility of the NFT.
- Data Coalition DAOs: Governance made accessible. Facilitating bulk data trade, always with your express consent.
- NFMe ID Technology: A Metaverse representation of you, but not just any representation. An NFT-backed avatar, powered by your data.
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