• BRC-20, Ordi is a relatively popular term recently.

  • Among them, Ordi is no less popular than PEPE, and its trading market value even exceeds that of PEPE.

  • Let me tell you briefly today.

  • When talking about BRC-20, there is a core keyword Ordinals that cannot be avoided.

  • Ordinals is the Bitcoin NFT casting platform. It is a completely open source platform. Everyone can freely mint and chain their own NFT through the platform.

  • And Ordinals has also spawned many related protocols. BRC-20 is a protocol built on Ordinals. Everyone can mint NFT or inscriptions through the protocol.

  • Yes, because BTC is not a smart contract and is highly secure and completely unique, everyone in this ecosystem can obtain their own inscriptions through casting.

  • Then buy and sell through Ordinals or other platforms. The inscription here is not on the chain, it is simply traded within the ecosystem. If it is on the chain, it will become the currency we usually know.

  • In fact, the current BRC-20 project has no real value, but it is in line with the we3.0 era. Everyone is speculating on emotions, expectations, and the future.

  • So the BRC-20 project is MEME coin. But are you saying that MEME coins have no value? The recent PEPE and AIDOGE have really made money for some people.

  • Don't say that you have lost money here. It is impossible for everyone to make money in the market. What others make is what you lose, that's normal. This is also the core gameplay of MEME coin.

  • Ordi is the first inscription written by the inventor of BRC-20 in the Ordinals ecosystem. Its popularity has always been higher than that of PEPE, and its market value far exceeds that of PEPE.

  • In fact, BRC-20 is quite interesting regardless of value. It is very suitable for the Internet era and the new generation of we3.0.

  • Players can hold BTC to mint inscriptions or NFT freely on the platform. Because of the irreplaceability of Bitcoin, some people directly transfer ETH to mint NFT. The current floor price has reached 0.5 ETH.

  • Ordinals Many people say it is a destruction of Bitcoin data, while others say it is an improvement and an expansion. BRC-20 is also the first pioneer in the Bitcoin ecosystem, and there may be more RC-20 in the future.

  • The next blog post will share with you a relatively promising BRC-20 project. Is it the next Ordi or PEPE? let us wait and see!

#BTC #ETH #Web3 #ordinals #brc20