What is Bitspawn Protocol, and why you should care!

Bitspawn Protocol
3 min readMay 11, 2021

Imagine a gaming platform where you not only enjoy your favorite games but also earn rewards, upgrades, and actual money. And it’s community-governed.

Sounds like a dream?

Well, this is a dream that has already come true — in the form of a Bitspawn platform.

Bitspawn is an open-source gaming protocol. Now, what does it actually mean, you ask?

The idea behind Bitspawn protocol is that there’s a good use for blockchain to alleviate a lot of the problems gamers face.

As a user, you’ll be able to build your own community and competitive marketplaces.

Not a professional gamer? No worries, you still can make money with Bitspawn.

How? I’m so glad you asked. You can offer services on marketplaces, host events, create and sell NFTs, lend crypto out to prize pools, and many more.

You are free to create your own ways to make money.

With the launch of the Bitspawn network token and blockchain, you’ll also be able to create your own apps.

How to get started if you haven’t used cryptocurrency before?

There are ‘Fiat off-ramps’ to use if you haven’t had experience with crypto. First, there’s PayPal, which makes it really easy to transition to cryptocurrencies.

There’ll also be currency filters for non-crypto users if you prefer USD value instead of token value.

The tech side

Initially built on Ethereum, Bitspawn is now using Solana, a high-performance, Proof-of-Stake blockchain, to offer the best scaling solution. It is the first-ever gaming platform to use Solana.

Why depart from Ethereum? Bitspawn has a connection to the Solana ecosystem, which provides strategic value.

Solana’s scalability means there’s no need to worry about an Ethereum layer 2 scaling solution, and the entire focus can be directed at building the gaming assets that benefit token users and players.

There’s also Proof-of-Respawn.

It’s a smart contract algorithm to enhance scalability on the network. Proof-of-Respawn is designed to encourage players to build and compete in their competitions and ensures the rewards system is in place.

NFTs

As a Bispawn user, you can buy, trade, and sell digital items and exchange them for physical goods.

You’ll also be able to mint your own digital assets, along with artists who’ll be creating on the Bitspawn web app.

There are even possibilities to learn interest with Bitspawn DEFI if you decide to lend your digital collectibles to other players.

Some NFTs will provide XP bonuses, discounts on entry fees, access to exclusive events, plus

The Team

The team behind the project has combined 15 years in the gaming in blockchain industries.

Eric Godwin, the Bitspawn founder, is a former competitive gamer, and he also leads the team and product development for the platform.

Bitspawn’s lead blockchain developer has built his own enterprise-grade blockchain and is a former Amazon Engineer.

Every team member has experience with competitive gaming and esports, and some of them are players.

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Bitspawn Protocol

Bitspawn is GameFi for Esports and NFT Gaming — Bitspawn is a web3 gaming protocol built for mainstream adoption, powered by Solana.