Some thoughts on the recent BTC ecology and inscriptions:
1. The $BTC ecosystem has given birth to a third asset form that is different from ERC20 tokens and NFTs.
2. Most inscriptions have no application value and are more the product of market emotional value. Ordi is the core value of this emotional value. It is a new track and a new asset form. The final consensus is generally formed on 1-2 projects. At present, The high probability is $ORDI and Atomic.
3. In addition to inscriptions, the Layer 2 concept of BTC is a larger market. For example, USDT said that it will be issued on RGB in the future, and DeFi may also be born on the second layer smart contract of BTC. Allow greater capital to enter, more application layers, and greater application value.
1. The $BTC ecosystem has given birth to a third asset form that is different from ERC20 tokens and NFTs.
2. Most inscriptions have no application value and are more the product of market emotional value. Ordi is the core value of this emotional value. It is a new track and a new asset form. The final consensus is generally formed on 1-2 projects. At present, The high probability is $ORDI and Atomic.
3. In addition to inscriptions, the Layer 2 concept of BTC is a larger market. For example, USDT said that it will be issued on RGB in the future, and DeFi may also be born on the second layer smart contract of BTC. Allow greater capital to enter, more application layers, and greater application value.