Exploring Mult-Chain Tokenization with BitBadges
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About This Episode
Trevor Miller, the founder of BitBadges, joins host Narb on DevNTell for his fourth appearance to showcase the platform's evolution into a comprehensive multi-chain token standard. Trevor explains how BitBadges addresses the limitations of current standards like ERC-721 by offering a full-stack solution including its own blockchain. He demonstrates key features such as 'Same Token, Any User, Any Chain' compatibility, no-code infrastructure, and native time-dependent balances which facilitate complex use cases like rentals and subscriptions. The presentation also covers highly customizable gating criteria using off-chain data (Discord, email, etc.) and the platform's roadmap towards EVM and WASM compatibility.
Key Takeaways
BitBadges is designed as a universal token standard that works across multiple chains (Ethereum, Solana, Cosmos, etc.) allowing users from different ecosystems to own and trade the same tokens.
The platform utilizes a modular, no-code approach where complex functionalities are built into the blockchain level, removing the need for developers to write custom smart contracts for standard token behaviors.
Native time-dependent balances allow for precise tracking of ownership rights over time, enabling automated rentals, lending, and recurring subscriptions natively on-chain.
The 'Claims' system allows creators to gate token minting or transfers based on almost any off-chain or on-chain criteria, including social media membership, email verification, or custom API endpoints.
BitBadges is currently in a 'Betanet' phase, with a WASM layer expected imminently and a full EVM layer planned for approximately September 2024.
Featured Guest
Trevor Miller
Founder @ BitBadges
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