LessGas Unveils revolutionary“Capacious ” to Benefit Community with Huge Potential Market Value Growth Profits

LessGas
4 min readJan 8, 2024

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Highlights

A. A Healthier Initial Market Cap: Small initial market cap.Channeling the potential for profit from market cap increases directly to our community.

B. Developer Binding: Devs are tied to dApp development, ensuring token has real-world utility.

C. Fair Inscription, Not IDO: Developers can only earn tokens through paid inscription or by providing quality DApp services and collecting fees.

In a groundbreaking move, LessGas, the Bitcoin Layer 2 BRC20 Inscription platform, is set to introduce a revolutionary model termed “Capacious.” The term encapsulates the enormous potential for market cap expansion, signaling a paradigm shift in the crypto landscape. Capacious is designed to incentivize the deployment of small-cap DApp projects on its dedicated channel.

In the crypto world, small-cap projects traditionally offer explosive growth potential, often outpacing industry giants. Capacious specifically focuses on such ventures with modest initial market caps yet immense growth possibilities. Contrary to projects starting with inflated, VC-driven market caps where community and individual voices are often overshadowed, Capacious enables projects to launch with a more realistic market cap that accurately reflects the true cost of dApp development and the effort of community. This approach not only reshapes the growth model of the industry but also ensures that a community-driven ethos is embedded from the outset.

LessGas Capacious channel breaks away from traditional models. Typically, inscription income on Bitcoin L1 goes entirely to miners, but Capacious reallocates this to support developers creating inscriptions with real utilities, thereby enhancing the utility value of BRC20 tokens. Most of this income is returned to the inscriber in the “Inscriber Reward — Return” settings, some distributed to the token deployer and its developer, and a smaller portion allocates to the LessGas Developer and community. This model supports the long-term growth of the inscription community, creating win-wins for all involved.

1.Inscription Income Distribution Model

The distribution of inscription income (MAPO, ETH, USDT) is as follows:

  • Unlike Bitcoin L1, where miners receive all inscription income, Capacious of LessGas redirects a significant portion to support basic dApp development and the community growth. Bitcoin L1 miners still earn income by ensuring the security of Bitcoin L2 MAP Protocol, without the burden of hefty inscription fees.
  • Inscription developers can allocate 0–45% of inscription income to a development fund, with the specific ratio determined by community consensus, often through voting. This fund is unlocked over a period of three to six months, fostering stable dApp development and operation.
  • The Inscriber Reward — Return represents 50%-95% of inscription fees, acknowledging the time cost of money over a five-year period,at the same time, it’s necessary to stake $LSGS,this also ensures the growth in value of the LessGas platform and $lsgs token. This mechanism ensures the inscription has a price and consensus lock-in for the Bitcoin L2 MAP Protocol, fostering a healthy community consensus for the inscription project.
  • Due to the severely low starting market value, there is a problem with very few people being able to grab it. For the long-term development of this dApp,for users who are truly loyal and genuinely passionate about the dapp,Users need to complete required tasks for inscription, so that they can earn a whitelist spot, and participate in the Capacious minting.

Example:

For Project A with a market cap of $100,000, the community votes to allocate 30% of the inscription platform’s fee revenue to the project’s team. The distribution of platform fee income is as follows:

1) Token Deployer & its Developer: Earns $30,000, unlocked linearly over 3–6 months.

2) LessGas Platform Community Developers: Receives $5,000.

3) Community Users:Who inscribed this token By staking $LSGS, community users can earn mining rewards worth $65,000.

2. LessGas Platform Token Income Distribution

  • BRC20 Token Income

* The platform’s treasury automatically collects 2% of all inscribed amounts. Of this, 0.8% goes to LessGas platform community developers, and 1.2% is allocated for community incentives, primarily for $LSGS holder incentives and user incentives on the platform.

Example:

User H has created 100 tokens. Out of these, user H owns 98, and the remaining 2 tokens are designated for the treasury. The breakdown of how these 2 tokens will be distributed is:

1) LessGas Platform Community Developers: They are set to receive 0.8 tokens.

2) LessGas Platform Token ($LSGS) Holders: Community members who stake their $LSGS tokens will be rewarded with 1.2 tokens as part of a mining incentive program.

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LessGas

An inscription platform with ultra-low gas fees, 0 failure & 0 congestion, deployed on BTC L2 network. #Bitcoin #BRC20 TG: https://t.me/LessGas