XRGB
  • XRGB
    • XRGB Introduciton
    • XRGB-404
    • XRGB Token
    • Roadmaps
    • XRGB L2 Chain
    • X404 Protocol
    • How to Use the XRGB Bridge on Lynex
  • XRGB WALLET
    • Overview
    • Social Login
    • XRGB Web Wallet
    • XRGB Mobile Wallet
    • XRGB Extension Wallet
    • Assets Supported
      • BRC20
        • Technical implementation
        • User Tutorial
      • RGB20
        • Overview
        • User Tutorial
    • Address type
  • XRGB STAKING
    • Babylon Staking
    • Lorenzo Staking
    • Other Staking Protocols
  • XRGB USB
    • Tech Implementation
    • USB Design
    • USB Tutorial
    • Musig2 Introduction
  • X404 NFT Hub
    • Get started
    • Mint X404 Tutorial
    • Buy X404 Tutorial
    • Bridge X404 Tutorial
    • Redeem or claim X404 Tutorial
    • Send & Receive X404 Tutorial
  • FAQs
    • XRGB Wallet
      • Quick Question
      • Executing a payment using RGB
      • What are the benefits of MPC wallets with Social Login?
      • MPC Wallet Use Cases
    • RGB
      • Quick Question
      • Client-Side-Validation
      • Introduction of RGB Contract
      • Introduction of Single-Use Seals
      • Client to client communications
      • RGB state transitions
      • RGB state transition commitments
      • RGB Privacy Protection
    • BRC20
      • Quick Question
      • Pros of BRC-20 Tokens
      • Cons of BRC-20 Tokens
  • 📖User Tutorials
    • Get started
      • Usage conditions
      • Create a new account
      • Social Login
      • Import Wallet
    • BRC20 Tutorial
      • View BRC20 tokens and balances
      • View BRC20 token detail
      • Inscribe transfer
      • Send BRC20
      • Receive BRC20
    • RGB20 Tutorial
      • View RGB20 assets and balance (Testnet)
      • Mint RGB20 assets (Testnet)
      • Send and receive RGB20 tokens (Testnet)
    • ERC20 Tutorial
      • View ERC20 assets
      • Send and receive ERC20
    • BTC Token
    • BRC20 - ERC404 Bridge
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  • 🎯XRGB-404 Introduction:
  • 🎯Utility
  1. XRGB

XRGB-404

🎯XRGB-404 Introduction:

XRGB-404 is an innovative blockchain protocol designed to bridge the gap between the Bitcoin blockchains and the EVM ecosystem. By leveraging ERC-404, assets from the Bitcoin network can be seamlessly transferred to the EVM blockchains, creating a dual-token protocol where assets possess both the unique attributes of NFTs (Non-Fungible Tokens) and the functional versatility of standard tokens.

One of the primary assets to undergo this cross-chain transition is the XRGB token, with a total supply of 10,000 units. Users who successfully transfer their tokens to the ERC-404 network and reach a transfer volume of one ten-thousandth (1/10,000) will be rewarded with an exclusive NFT mystery box. Upon opening, recipients will discover a unique NFT, adding an exciting layer of value and interaction within the ecosystem.

Future plans include the continuous cross-chain integration of popular assets such as Ordi, Sats, Mubi, and Rats, further enriching the XRGB-404 ecosystem with a diverse range of tokens and NFTs.

🎯Utility

🛖NFT Market: ERC-404 will feature an open marketplace where users can freely trade all NFTs acquired through cross-chain transfers. This platform ensures liquidity and accessibility for a wide variety of digital assets, fostering a vibrant and dynamic community.

⚖️NFT Staking: All XRGB NFT holders will have the opportunity to participate in staking within designated pools, enabling them to mine for rewards. This feature not only enhances the utility of XRGB NFTs but also encourages long-term engagement within the ERC-404 ecosystem.

🪙Governance Token Voting: ERC-404 empowers its users with decision-making authority regarding the selection of new assets for cross-chain integration. Through governance token voting, the community can nominate and vote for their preferred assets. The asset with the highest votes will be prioritized for cross-chain functionality and accompanied by the issuance of exclusive NFTs, further incentivizing community participation and governance.

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Last updated 1 year ago