XGEO Protocol on Bitcoin

xGEO
xGEO
Published in
2 min readApr 2, 2024

Integrating Bitcoin with the Real World

XGEO is expanding the ways people use Bitcoin, furthering its service to the real world and positioning it as a digital carrier for future Earth assets and information.

What is XGEO?

XGEO is a protocol that assigns geographical attributes to assets. In addition to creating landmark inscriptions, it can also tag already minted inscriptions to real-world geographic locations. It enables the display, transaction, and interaction with real-world locations, assets, services, and other content using inscriptions as carriers. Moreover, users can reference and remix landmark inscriptions for a richer interactive experience.

Why it matters

Bringing broader application scenarios to Bitcoin and enriching the Bitcoin ecosystem.

Adding geographical attributes to inscriptions on Bitcoin, enhancing the real-world significance and utility value of inscriptions.

Storing real-world assets, services, and information on the blockchain in the form of Bitcoin inscriptions, thereby increasing transaction efficiency while enabling asset tokenization.

How XGEO works

The XGEO protocol has created two inscription protocols with geographical attributes based on Ordinals: Placemark Inscription and Real Estate Inscription. It also includes business protocols expanded around these two protocols, such as transactions and finance.

Placemark Inscription

Creating landmark inscriptions involves marking real-world information, services, and entities onto maps using landmark inscriptions as carriers, thereby generating practical value inscriptions such as path inscriptions, various types of business service inscriptions, scene inscriptions, activity inscriptions, and physical project inscriptions.

Reinscriptions: The functionality of reinscribe through ordinals adds geographical attributes to existing inscriptions, positioning the inscriptions to physical locations to imbue them with real-world significance. This unlocks broader application value for the inscriptions, providing interactive experiences based on geographical location for both inscription holders and users.

Real Estate Inscription

Through Bitcoin inscriptions, real-world assets (RWA) such as land, sea areas, houses, forests, and fixtures are registered, minted, transferred, and traded. Simultaneously, based on the geographical location of the inscriptions, the inscription assets are presented on maps.

Tokenomics: XGEO and its role

XGEO is the governance token of the XGEO ecosystem, with a total supply of 1 billion tokens, which will be deployed on mainstream blockchain networks. Currently, 21 million XGEO tokens have been deployed in the form of BRC20 on the Bitcoin network, available for community users to engage in Free Mint. It will play a crucial role in the XGEO ecosystem, providing governance and voting rights for protocol upgrades and feature integrations.

Token Info

Token Name: XGEO

Network: Bitcoin Mainnet

Token Protocol: BRC20

Supply: 21,000,000

Inscription: 777a2922e50a9e4b09047f57339d8635fa42d2b94a8b91c8fd2a87eb2baac23bi0

Free Mint : https://unisat.io/brc20/XGEO

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