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Mscribe Achieves Over 1 Million USD Earned By DMT Creators in First Platform Progress Report!

Mscribe
3 min readAug 2, 2024

We are proud to release the astounding results of Mscribe’s first three months of operations since the introduction of Privilege Authority enabled by TAP protocol!

Since the beginning Mscribe’s purpose has always been to provide an ecosystem hub for creators and collectors interested in all things DMT. We strive to cover all angles of importance from Bitcoin pattern .element registry, NAT deployment and minting, secondary market support, and more.

Infrastructure Additions

Servicing the DMT ecosystem has come with several challenges as we have needed to implement several key critical infrastructure pieces to produce a viable platform open for creator use.

  • Privilege Authority addition to the NAT deployment format
  • UI/UX for Blockpad phase/WL settings
  • Web socket addition to Mint Map system for Blockpad PVP minting
  • Asset rendering display from UNAT on-chain script retrievals

Market Results

The result of the above technical feature implementations has produced a vibrant ecosystem for creators and developers seeking to take advantage of the DMT framework. Below are some notable platform milestones we have observed during our first 3 months in operation.

  • $1.2M in total value earned by Creators leveraging Blockpad to launch
  • Over 35k total mints
  • Over 20k unique user addresses participating on the platform
  • An average of over 1000 concurrent users during Blockpad mints
  • Peak of over 5000 concurrent users during a Blockpad mint

In this time Mscribe has solidified its partnership relations with the TRAC team as the platform continues to showcase the optimal use of TAP protocol’s programmability functions.

Market Activations

Another goal of Mscribe has been to activate as many Web3 market verticals as possible by attracting creators leveraging DMT in their projects to fulfill those market sectors. As of now the leading demographic of creators on Mscribe have been producing UNAT collections for PFP and Generative Art.

Over the next several months Mscribe anticipates new project deployments that fit within the market categories of;

  • Decentralized Finance
  • Metaverse
  • Gaming
  • Artificial Intelligence
  • Real World Assets

Future Outlook

Mscribe is committed to providing the best tools and support for ecosystem creators leveraging DMT and the in the future will continue to add new features that unlock massive new potential. New features on the horizon include;

  • Blockdrop Deployments and Claiming
  • Bulk Child Inscriptions
  • Bitmap District Parceling
  • Bitmap Land Distribution System (LDE)

Specifically Blockdrops will enable new models for ecosystem growth and community contribution unlike anything seen in other web3 models outside of the DMT space. With Blockdrops will come a large wave of new NAT deployments and token claims on the platform, further increasing user adoption within the broader Bitcoin ecosystem.

With the ability to bulk mint child inscriptions, and with Bitmap parceling and land distribution tools, creators dedicated to the metaverse on Bitcoin will now have all the tools necessary to launch and incubate their own communities.

With Bitmap harboring over 35k holders, we anticipate a large influx of users adopting these tools in order to more efficiently distribute metaverse assets and build sustainable ecosystems that can foster the growth of a digital economy layer.

To stay engaged and be a part of the DMT community, join us on Discord and follow us on our public YouTube channel where we frequently discuss development progress and updates.

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Mscribe
Mscribe

Written by Mscribe

Ground Zero for Non-arbitrary Tokens and the Metaverse on Bitcoin

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