In the current cryptocurrency market, the BRC20 standard, as an emerging token standard on the Bitcoin blockchain, is attracting more and more attention. BRC20 uses Bitcoin's Ordinals protocol to make it possible to create crypto assets on the Bitcoin blockchain. According to Coingecko data, as of now, the total market value of the BRC-20 market is about $1.8 billion, with a change rate of 32% in the past 24 hours. Combined with previous data, the number of BRC-20 tokens has exceeded 24,000, with a total market value of $1.8 billion, of which the $ordi token has a market value of $1.2 billion. The BRC-20 market is growing rapidly!
That being said, the BRC20 standard is currently facing some challenges, such as slow BTC network transactions and lack of support for smart contracts, which limits its application potential in DeFi, social networking, financial derivatives, etc. In addition, the BRC20 token is still relatively centralized and the user experience needs to be improved. Therefore, the market urgently needs new pioneers to fully tap the potential of BRC20.
In this context, the REVS project came into being. REVS is an innovative project that redefines the Inscription 2.0 ecosystem and aims to create a one-stop DeFi platform that supports BTC and Inscription tokens.
Let's first take a look at the distribution of REVS tokens: REVS, total 210 million, of which 50% 105 million ecological mining pools are pledged for mining, 42.87% entropy fusion, a total of 90,030,000 tokens, 7.2% invitation rewards, a total of 15,120,000 tokens (unfused tokens and unissued invitation rewards are all sent to Satoshi Nakamoto's address), and the number of early circulation after destruction is only 3.97 million. The circulation of REVS is indeed a big highlight. The early circulation is extremely low, which shows that it has huge room for appreciation in the later period!
Let’s take a look at the situation during its public offering stage: REVS raised more than 120 BTC during the public offering stage. Based on the current BTC price of US$44,000, the total amount of funds raised exceeded US$5.28 million. The fundraising attracted more than 1,370 participants. Based on the exchange rate of 1 BTC to 30,000 REVS at the time, the lowest public offering price was US$1.26. The current estimated circulation volume is 3.97 million REVS, and the circulating market value is only US$5 million!
REVS raised more than 5 million US dollars in the early stage, which is of great significance for an emerging BRC20 project. It shows that REVS has been recognized by the market. The large number of participants not only reflects investors' confidence in REVS's future development potential, but also shows that its technological innovation and market prospects have won widespread support and expectations. This strong market response provides a solid financial and community foundation for REVS in its subsequent development!
In addition, REVS's future development plan is also worth looking forward to. It plans to be launched on large inscription exchanges such as UNISAT and OKX, and will be launched on mainstream exchanges in the future. It is expected to achieve a 5-10 times increase in the initial listing. The current minimum price is 2.3 US dollars, and the increase is nearly doubled after listing! REVS topped the OKX increase list in just one day after its launch!
With the development of the REVS ecosystem and the active participation of the market community, referring to ORDI’s market value of US$1.2 billion, REVS’s market value is expected to increase by 100-300 times. This expectation shows that REVS has huge market potential and appeal, which is a great opportunity for ordinary investors to participate!
Finally, let’s take a look at the core advantages of REVS:
REVS Core Advantage 1: Staking Function
One of the core elements of the REVS platform is its innovative staking function, which not only provides users with profit opportunities, but is also an important technical pillar supporting its entire ecosystem. Users can participate in the maintenance of the network by staking REVS tokens and obtain potential profits at the same time.
REVS supports operations such as staking income of inscription tokens based on standards such as BRC20/PIPE, and supports mainstream BRC20 tokens such as $BTC, $ORDI, and $SATS
REVS is a golden shovel. In the future, the platform will use REVS for mining, staking and other services. In the future, it will also create a non-legal stablecoin that supports BTC ecological token staking. The price of this stable asset will not be pegged to traditional legal currencies such as the US dollar, and it will adopt a permissionless mechanism. Once issued, its contract and code will never be updated, which will improve the reliability and security of the platform.
REVS Core Advantage 2: Treasury Minting Stablecoin Assets
In addition, after the REVS treasury is opened, it will support BRC-20 mainstream tokens such as $BTC, $ORDI, $SATS, etc. to enter the protocol treasury for minting, realize the staking function of BRC-20 tokens, and have higher annual returns, allowing the platform to achieve diversified token staking. With the increase of TVL, the appreciation space of REVS will show geometric multiples growth!
REVS core advantage three: technical advantages of advanced theory
The biggest advantage of REVS lies in its advanced technology. RFEVS technically solves the problems of BTC network ecology such as transaction delay, high fee rate, lack of smart contracts, etc. Its technical features are as follows:
1. Support operations such as staking income of inscription tokens based on standards such as BRC20/PIPE, and support tokens such as $BTC, $ORDI, and $SATS to enter the protocol treasury to mint stablecoins.
2. Both currencies are token economic models with mandatory consensus; through the bond model, compound interest model, and high pledge income model, the protocol token has a long room for price growth. While locking up BTC ecological tokens, stablecoins and protocol tokens form a flywheel effect of rising protocol TVL and prices.
3. Use PID control algorithm (proportional, integral, differential control algorithm) to achieve interest rates for CDP holders and stablecoin holders to achieve market price stability.
4. Zero-knowledge proof is used off-chain to realize decentralized liquidation and CDP module, and smart contracts are used on-chain to achieve end-to-end decentralization.
5. Multi-chain support, based on LayerZero, realize cross-chain of protocol assets and user assets, change the user interaction experience without changing user habits, and break the shackles of BTC ecological development.
6. Reduce GAS expenditure and protect trader privacy through zero-knowledge proof.
REVS core advantage 4: Super strong background
What is more worth mentioning is that REVS's investors are even more powerful. It is said that American Jewish consortium, Singapore investment institutions, Japanese investment institutions, and Block.one participated in the investment. The parent fund behind it, COLUMBIA RESEARCH ENHANCED CORE ETF, is a Nasdaq-listed company.
In summary, we can clearly see that this project is not just an ordinary blockchain platform, but an innovative project with far-reaching influence. It continuously improves the platform's performance and user experience through advanced technical advantages, such as supporting BRC20/PIPE standard inscription token staking, treasury minting mechanism using PID control algorithm, multi-chain support and zero-knowledge proof application.
REVS's strong investment background and low initial circulation indicate its huge market potential and appreciation space. As REVS continues to deepen its presence in the DeFi field, its influence and status in the cryptocurrency market will continue to increase, bringing new vitality and innovation to the entire digital currency world. With the further development of the REVS project, we have reason to believe that it will become an important innovation point in the cryptocurrency market!
