Convert Castle of Blackwater COBE to Wrapped Bitcoin WBTC

Castle of Blackwater is a 2D, action packed, social deduction game with a magical web3 twist. Backed by Merit Circle and 2 years in the making, Castle of Blackwater aims to redefine how web3 technologies can enhance social-based gaming. In this intense game of trust and betrayal, up to 15 strangers are trapped in a castle of danger and deception, with a mission to complete tasks and escape with their lives. Some will work together, forming bonds and strong alliances. Others will pretend and deceive, with their own interests at heart. Each player will receive a unique role, belonging to one of three factions, with abilities to support their playstyle. Using these special powers, as well as their own deductive reasoning, players must uncover those working against them before getting eliminated themselves. Alive players can utilise many of the in-game tools to help them put together the pieces of the puzzle. Dead players will have the opportunity to collect and spend souls, buying mighty power-ups that can help turn the tide for their team from beyond the grave. The COBE token is the premium currency in the CoB ecosystem, being used to purchase characters, land and top-tier cosmetics.

Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.