"Inscription Promotion Movement", Network-wide Action
——Boost the inscription sector, revive the glory of inscription, and ignite the third wave
In March 2023, the first inscription token ordi based on the ordinarys brc20 protocol was born, achieving a ten-thousand-fold increase in a short period of time, triggering the first wave of inscriptions. The simple, pure and safe BRC20 inscription token is more decentralized, safer, fairer and more transparent than traditional projects, inheriting the spirit of blockchain, and has become a paradise for retail investors.
In November, with ORDI and SATS listed on Binance, as well as the leading new protocols such as ARC20, BRC420, SRC20, and BRC100, and attracting other public chains to follow suit, the entire network played inscriptions for a while, gas created a new record, and the inscription track became popular, forming the second wave of inscriptions.
Although many early players have achieved good results, the entire inscription sector is still a newborn, and there are pain points under the popularity:
1. Some developers questioned: Inscriptions generate a lot of "junk" information, causing congestion on the chain, claiming that there are network security vulnerabilities, and occasionally calling for protocol upgrades, affecting the security of the entire sector.
2. At present, the market value of the sector leader ordi is only more than a billion U, and it is not ranked in the top 10 of the currency circle. The entire inscription sector has not entered the mainstream. Compared with other sectors, it has insufficient influence.
3. Retail investors are reveling, but large funds and large institutions have not entered the market on a large scale, and overseas investors have not entered the market. The first wave of inscriptions lasted less than a month, and the second wave in November was only a month. The rest of the time has been in a downturn until now, with long cold and short hot, insufficient trading depth of the entire sector, and poor liquidity.
4. In recent times, the leader ordi has set new highs or large gains, and the long-awaited Binance has launched the web3 inscription sector, but it has not led the inscription track to warm up.
5. As a noble chain, the big cake chain has high gas fees, slow confirmation, complex operations, and high thresholds, which to a certain extent affect the popularization of inscriptions.
6. Recently, various communities have been pushing and bombing groups, but the effect is not obvious. The same people are pushing and pushing, and the incremental market has not been opened.
Therefore, are you thinking in your heart:
How to solve the above pain points?
Is the inscription dead? Can it still persist in the bull market and become the main narrative of the bull market?
After three months of downturn, the year is over. Will there be a third and fourth wave of inscriptions?
#Megadrop #BTC #ETH #DOGe
——Boost the inscription sector, revive the glory of inscription, and ignite the third wave
In March 2023, the first inscription token ordi based on the ordinarys brc20 protocol was born, achieving a ten-thousand-fold increase in a short period of time, triggering the first wave of inscriptions. The simple, pure and safe BRC20 inscription token is more decentralized, safer, fairer and more transparent than traditional projects, inheriting the spirit of blockchain, and has become a paradise for retail investors.
In November, with ORDI and SATS listed on Binance, as well as the leading new protocols such as ARC20, BRC420, SRC20, and BRC100, and attracting other public chains to follow suit, the entire network played inscriptions for a while, gas created a new record, and the inscription track became popular, forming the second wave of inscriptions.
Although many early players have achieved good results, the entire inscription sector is still a newborn, and there are pain points under the popularity:
1. Some developers questioned: Inscriptions generate a lot of "junk" information, causing congestion on the chain, claiming that there are network security vulnerabilities, and occasionally calling for protocol upgrades, affecting the security of the entire sector.
2. At present, the market value of the sector leader ordi is only more than a billion U, and it is not ranked in the top 10 of the currency circle. The entire inscription sector has not entered the mainstream. Compared with other sectors, it has insufficient influence.
3. Retail investors are reveling, but large funds and large institutions have not entered the market on a large scale, and overseas investors have not entered the market. The first wave of inscriptions lasted less than a month, and the second wave in November was only a month. The rest of the time has been in a downturn until now, with long cold and short hot, insufficient trading depth of the entire sector, and poor liquidity.
4. In recent times, the leader ordi has set new highs or large gains, and the long-awaited Binance has launched the web3 inscription sector, but it has not led the inscription track to warm up.
5. As a noble chain, the big cake chain has high gas fees, slow confirmation, complex operations, and high thresholds, which to a certain extent affect the popularization of inscriptions.
6. Recently, various communities have been pushing and bombing groups, but the effect is not obvious. The same people are pushing and pushing, and the incremental market has not been opened.
Therefore, are you thinking in your heart:
How to solve the above pain points?
Is the inscription dead? Can it still persist in the bull market and become the main narrative of the bull market?
After three months of downturn, the year is over. Will there be a third and fourth wave of inscriptions?
#Megadrop #BTC #ETH #DOGe