You're about to watch me give a thousand people Bitcoin in just 30 seconds of real time. I'm going to show you exactly how I do it and run the actual giveaway live, and I'm recording the whole thing. This is something you can't do anywhere else besides the way I'm showing you here. So watch me do it first, and then I'll explain how it works.
I start by clicking a little button on the lower right in OpenChat, and then I click the prize button. This is over $1,000 of Bitcoin I'm about to give away. Some people have called me the Mr. Beast of crypto, and honestly, that sounds good to me. So I click the prize box, and I click CKBTC. You'll notice I cringed when I swapped the ICP. I swapped 100 ICP to get 0.01 Bitcoin into my wallet, which is the minimum you need to do a giveaway this big. I have thousands of ICP, but I only needed to swap 100 for this. So I'm going to give away 0.01 Bitcoin right now, and this is totally free. You don't have to pay anything at all to participate. That's what's so cool about it, and that's exactly why this technology is amazing.
Setting up the giveaway
This is $1,000 of Bitcoin, and I'm going to give people up to a week to claim it. Because bots are such a huge problem, I take advantage of the fact that ICP runs on-chain AI through Decide AI. I can set the giveaway to only unique humans to greatly reduce the number of bots, and I'll set it to only users with a streak of 14 days or more on OpenChat. This helps enormously, because when I'm giving away $1,000, I don't want one person with 500 accounts sweeping the whole thing and sabotaging it for everyone else.
From the moment I started setting this up, I'd been filming for about two minutes, and that's only because I deliberately slowed the settings down to show you each step. Once I hit send, it actually pushes all of this out, and it takes less than 30 seconds for a thousand people to each get more than a dollar worth of Bitcoin. The prize goes live, and literally all anyone has to do is click a button to get a dollar of Bitcoin in their wallet immediately. This is 100% on chain.
Watching it happen in real time
There's no other technology in the world you can use to do this. People start rolling through in real time and getting 0.00001 Bitcoin directly in their wallet, which they can immediately swap to ICP or to a stablecoin with almost no fees. The OpenChat giveaways channel takes you directly to this channel in OpenChat. OpenChat is like a Discord or a Telegram that's 100% on-chain, which gives it special properties like this, where I can give away $1,000 of Bitcoin and send a thousand people Bitcoin in 30 seconds.
It's sent in CKBitcoin, which is Chain Key Bitcoin. Chain Key Bitcoin is held by smart contracts on the Internet Computer Protocol, which natively and directly interacts with the Bitcoin blockchain. So when you look at how this works technically, in my view it is the absolute best and most scalable way in the world to use Bitcoin. The ICP website is huge, but if you look at the capabilities, this is chain fusion. This is one thing it can do that no other blockchain can do, because it's 100% on the cloud and because it uses a reverse gas fee model.
Right at this point, 68 people have already received it, and I sent it in 33 seconds or less. Whoever clicks on it first gets the transaction. I recognize most of these names from my OpenChat community, and that's exactly why I'm so hyped about OpenChat and the Internet Computer. In my experience, this is the easiest way to send people money around the world. There's absolutely no other tech out there that I could have used to run a giveaway like this. Wait until Mr. Beast sees what you can do with technology you can't do with anything else.
Why this matters for Bitcoin
What's amazing is that you can use OpenChat 100% free. My website is on ICP, and the people on this giveaways channel never had to pay anything to receive this Bitcoin. That's what's so cool. Normally the problem with something this open is that it could be botted really hard, but because ICP can run AI models on chain, people have built facial recognition models that help reduce the bots. It's so incredibly amazing that I could talk about it for hours.
Use the blockchain. Use the technology. If you're into Bitcoin, this is the Bitcoin layer two. I've come to believe this is the best tech for scaling Bitcoin and getting it out to the masses, because none of the other Bitcoin layer twos could have ever done anything like this and done it fully on chain. If you want to go deeper on all of this, I walk through much more of it in my ICP Crypto playlist.
By the time I wrapped up, 86 people had already claimed their share, and everyone has a week to claim the rest. In every giveaway I've done in the past with a thousand prizes, all thousand always get claimed. You watched 86 come through while I was live, and you can look at my previous giveaways and see the same pattern every time. So you can be certain I did exactly what I said I would do.