#MyFirstFeedPost

The first inscription on AVAX has a total of 21 million pieces and a current market value of 3 million dollars.

The ASC-20 protocol is a token standard on the Avalanche blockchain, which is deployed based on the Ordinals protocol. The goal of this protocol is to provide a standardized framework for tokens on the Avalanche blockchain to ensure their interoperability and scalability. AVAS is one of the first tokens deployed on the ASC-20 protocol, which was created on June 29, 2023.

The creation of the AVAS token marks the beginning of practical application of the ASC-20 protocol and provides an example for other developers to show how to create their own tokens on the ASC-20 protocol. The ASC-20 protocol is designed to provide greater flexibility and customizability while maintaining compatibility with Ethereum ERC-20 tokens.

This means developers can use the ASC-20 protocol to create tokens with unique functionality and features while still being compatible with other Ethereum wallets and applications.

At present, the public chain beta version of Avas is actively launched. The founder of Avalanche and the vice president of the foundation are paying attention to it. I doubt the official outcome.