After the Atomicals Hong Kong gathering, AVM surged 90%

The Atomicals protocol seems to have returned to the state it was in a few months ago.

As of the time of writing, according to Atomicals Market data, the floor price of ARC-20 token leader ATOM broke through 2.2, with a 24-hour increase of 38.17%; the floor price of ARC-20 token AVM broke through $0.27, with a 24-hour increase of 90.91%.

A week ago, BlockBeats wrote the article " The chip structure has changed dramatically, what happened to the Atomicals protocol that has been at a low point for several months? " and observed that the ATOM token has undergone significant changes in the liquidity of the main chips. Among the top 100 ATOM holders, only 6 addresses own ATOM through "minting". After a long period of frequent trading, most of the holders are in a very low mood.

On the one hand, the leading ATOM has been under a haze, and the price has continued to decline. ATOM has fallen by 62% in 4 months. On the other hand, before the split, the liquidity of ATOM was like an expensive NFT or a luxury house in reality, which was difficult for ordinary people to afford. The development progress of "split" and "AVM" was criticized by the community as "closed-door development", and the protocol author Arthur has also been "secret".

And this week, it seems that because of hearing the voice of the community, the protocol author Arthur seems to be more willing to communicate with everyone, and Twitter has also posted content and interacted more frequently.

At the same time, with the countdown to Bitcoin's halving in April, the Bitcoin ecosystem as a whole has "recaptured" the market's attention and liquidity. From Bitcoin NFT to the Inscription Ecosystem to the Runes Protocol, the transaction volume and price of various assets on Bitcoin have increased significantly. Several leading assets of the Atomicals Protocol have seen good growth, and the community atmosphere has also improved, and it seems to be returning to the enthusiastic state of a few months ago.

Hong Kong Meetup

The warming of the community atmosphere may be partly due to the Hong Kong Atomicals meetup hosted by Wizz Wallet and Atomicals Market.

According to feedback from foreign community participants, the atmosphere at the party was very good: "Unlike other events I have attended, not only are the builders passionate about the technology, but the holders are also equally optimistic about Atomical's technology, especially the upcoming AVM."

"It is uncommon to see holders so proficient in technology, but at the Atomicals party, they chattered about the details like professionals. It is really impressive and surprising to see this level of enthusiasm and knowledge in the community."

In addition, at the AMA of the event, the protocol author Arthur made an exclusive remote sharing. In addition to explaining Atomicals' BTC L1+ and Turing-complete smart contracts, he also made more specific arrangements for the most anticipated AVM progress: "The AVM public beta will be on Testnet in the first week of May. Published on .

According to Wizz Wallet, Arthur also gave a remote speech at the Bitcoin sub-venue of the Wanxiang main venue. Atomicals Protocol officials also stated on their social platform that they will announce the details of the AVM smart contract system in stages in the next few weeks.

"Institutional investment will affect our long-term vision"

At the same time, a major event recently carried out by the Atomicals protocol is to accept free donations from the community.

As an experimental protocol with a high degree of "halal" in the Bitcoin ecosystem, the Atomicals protocol officials stated that it will never launch fundraising tokens, nor will it launch any type of securities, nor will it accept investment from VC institutions, so as to maintain the purity of the protocol.

As to why they did not accept investment from VC institutions, the official made a more specific explanation in the comments: "Perhaps investors will get funds and returns faster, but the long-term vision will be affected. Not always, but often."

In return for the free donation, the copyright statement of the Atomicals virtual machine AVM core interpreter is transferred to all donors. Names or short information can be attached to the open source license of the AVM interpreter and preserved forever.

As of the time of writing, according to the latest statistics, the amount of donations has reached 3.3274 BTC, and 5335 addresses have made donations.

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