Bitget launches a new Launchpad project: BIP1 (BRC20)

ChainCatcher news, Bitget officially announced the launch of the Launchpad project Bitcoin Improvement Proposals 1 (BIP1). It is reported that BIP1 is a BRC20 token deployed based on the Ordinals protocol, meaning "the first improvement proposal for Bitcoin."

This Launchpad will start registration and enter the snapshot on May 11 at 15:00, divided into two forms: BGB holding and Sunshine Pool, with a minimum participation threshold of holding 2000 BGB. It is reported that the individual hard cap for this Launchpad is 360 votes (approximately 37,800 BIP1), accounting for 2% of the total BGB holding reward pool. For more details about the event, please refer to the official Bitget announcement. (Source link)