Giants Protocol Brings Utility to Runes with First-Ever Bitcoin UTXO-Based Digital Asset Creation Platform

General

Giants
Protocol,
developed
by
Giants
Planet,
introduces
a
groundbreaking
approach
to
digital
asset
creation
on
Bitcoin,
leveraging
the
robust
security
and
extensive
liquidity
of
the
Bitcoin
blockchain.
Giants
Protocol
represents
the
world’s
first
digital
asset
creation
protocol
utilizing
UTXOs
(Unspent
Transaction
Outputs),
enabling
the
creation,
management,
and
upgrading
of
digital
and
physical
assets.
Giants
Planet
is
backed
by
the
Singapore
Sovereign
Wealth
Fund
and
is
committed
to
building
a
gamified
Bitcoin
ecosystem.
This
ecosystem
will
enable
the
creation
and
gamification
of
both
physical
and
digital
assets,
providing
a
full
suite
of
Bitcoin
infrastructure.

Introducing
Giants
Protocol

Giants
Protocol
addresses
the
challenges
of
managing
Satoshis
(SATs),
inscriptions,
and
UTXOs
by
providing
a
robust
framework
for
creating
and
managing
digital
and
physical
assets
on
Bitcoin.
This
protocol
pioneers
innovations
in
the
Bitcoin
and
Web3
ecosystems,
rebuilding
Bitcoin’s
foundation
with
UTXOs
to
unlock
the
potential
for
a
wide
range
of
digital
assets,
extending
beyond
gaming
to
include
AI
and
real-world
asset
(RWA)
creation.

Core
Functionalities
of
Giants
Protocol

User-Defined
Asset
Creation:
Design
and
define
unique
assets
with
specific
attributes
using
metadata.
This
can
include
in-game
characters,
event
tickets,
real-world
asset
representations,
and
more.
Scalable
Asset
Management:
Batch
deployment
through
etching
streamlines
asset
creation,
eliminating
repetitive
processes.
Interoperable
Asset
Integration:
Facilitates
seamless
connections
and
integrations
with
various
digital
and
physical
assets.
Flexible
Asset
Upgradability:
Utilize
delegate
IDs
to
dynamically
manage
and
upgrade
assets
with
new
attributes.

Innovative
Applications
and
Real-World
Impact

The
Giants
Protocol
empowers
developers
to
embed
unique
in-game
assets
directly
into
the
Bitcoin
blockchain
through
a
process
known
as “etching,”
ensuring
these
assets
are
permanently
inscribed
and
tamper-proof.
This
capability
could
revolutionize
the
management
and
tracking
of
assets
such
as
property
deeds,
investment
portfolios,
and
rare
collectibles
in
a
transparent
and
secure
manner.

Giants
Protocol’s
Metadata
Management

By
efficiently
managing
and
processing
metadata,
Giants
Protocol
enhances
the
Bitcoin
ecosystem.
Giants
Planet
supports
this
protocol,
ensuring
seamless
integration
and
well-organized
information.
This
framework
allows
users
to
include
metadata,
offering
additional
context
such
as
creation
dates
and
creator
details
for
each
asset.

Roadmap
and
Future
Developments

Giants
Planet
is
preparing
to
launch
its
gamification
and
GPS
game
in
early
Q3
2024,
aiming
to
enhance
user
engagement
within
the
Giants
Protocol
ecosystem
by
offering
rewards
for
various
activities.
Users
can
earn
points
through
activities
like
minting
and
etching,
redeemable
for
prizes
such
as
loot
boxes
and
entries
into
weekly
raffles
featuring
top-tier
runes
like
$DOG,
$RSIC,
and
$PUPS.
Community
beta
testing
has
been
underway
since
Q2
2024,
providing
an
early
glimpse
into
the
platform’s
capabilities.

Bitcoin’s
Evolution
and
Dominance

Originally
designed
by
Satoshi
Nakamoto
as
digital
gold,
Bitcoin’s
capabilities
have
expanded
significantly.
With
recent
innovations
like
the
Taproot
upgrade
and
L1/L2
solutions,
Bitcoin
is
unlocking
new
potentials
for
complex
applications.
Despite
the
emergence
of
Ethereum
as
a
leader
in
smart
contracts
and
decentralized
applications,
Bitcoin
maintains
the
largest
market
capitalization,
nearly
three
times
that
of
Ethereum.
This
underscores
Bitcoin’s
depth
of
capital
and
liquidity,
positioning
it
as
a
formidable
platform
for
digital
asset
creation.

About
Giants
Planet

Giants
Planet
is
at
the
forefront
of
the
Bitcoin
ecosystem,
creating
assets
and
a
gamified
Real
World
Asset
(RWA)
experience
with
a
full
suite
of
Bitcoin
infrastructure.
Enabling
the
creation
and
gamification
of
both
physical
and
digital
assets,
Giants
Planet
utilizes
its
innovative
Giants
Protocol
to
provide
a
scalable,
customizable
system
for
asset
management.
This
approach
not
only
enhances
user
engagement
through
rewarding
activities
but
also
ensures
unparalleled
convenience
and
security
for
businesses
entering
the
decentralized
realm.
Supported
by
the
Sovereign
Wealth
Fund
of
Singapore,
Giants
Planet
is
poised
to
revolutionize
the
Asian
digital
economy
and
unite
the
world
through
its
pioneering
use
of
crypto
technology.

Try
it
now: https://runes.giantsplanet.com/

Twitter: https://x.com/giants_planet

Discord: https://discord.gg/giants-planet

Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.