Biis is a comprehensive technology stack designed for the BRC-20 ecosystem, offering a range of tools and services to enhance user experience and functionality within the blockchain space. Launched in November 2023, it represents a significant step forward in the blockchain industry, providing an integrated suite of tools. The project aims to be a driving force in the development and interoperability of the entire blockchain ecosystem.
At its core, Biis leverages the BRC-20 token standard, an experimental fungible token standard specifically designed for the Bitcoin blockchain. Created in early 2023, the BRC-20 standard supports the creation and transfer of fungible tokens via the ordinals protocol. This approach diverges from traditional token standards like ERC-20, as it does not rely on smart contracts but uses ordinal inscriptions instead. The BRC-20 standard's compatibility with the Bitcoin network, simplicity, and security are some of its defining features, making it an ideal foundation for Biis's technology stack.
To learn more about Bitcoin Ordinals, check out our article: What Are Bitcoin Ordinals? Everything You Need to Know About Bitcoin NFT.
Official Documents: https://doc.biis.io/
Official Website: https://biis.io/
Biis operates by providing a comprehensive set of tools that cater to various needs within the BRC-20 ecosystem. These tools include Launch, Cross-Chain, Batch Distribution, Batch Collection, Signature Distribution, and Batch Operations for BRC-20/420/721/100, among others. This wide array of functionalities enables users to efficiently manage and execute transactions, providing liquidity, and performing other operations with ease and security. The platform's design focuses on user convenience, allowing for seamless participation in the BRC-20 ecosystem.
One of the standout features of Biis is its integration with the Ordinals Protocol. This integration ensures that users fully leverage the advantages of the BRC-20 standard and Ordinals Protocol when using the toolbox. The security of Biis stems from its comprehensive technical architecture and close integration with this protocol. The platform offers tools like batch distribution and collection, proxy signature, and batch multi-signature BTC operation, enhancing efficiency, reducing transaction costs, and offering more flexible operation methods. Additionally, its cross-chain tool provides a bridging mechanism for seamless asset transfer across different blockchain platforms, improving digital asset liquidity.
BIIS is the main token of the Biis ecosystem. Holders of the BIIS token are granted voting rights on proposals related to the platform's development, improvements, and future initiatives. This governance model ensures that the community actively participates in shaping the future direction of Biis. With a total supply of 160,000,000 tokens, the BIIS token is a fundamental aspect of the platform's functionality and community engagement. Biis has garnered significant attention, boasting a vibrant community of over 1,400 BIIS token holders as of January 2024.