Understanding
#BRC20
tokens in 10 easy steps
BRC-20 emerged as an experimental standard in the Bitcoin ecosystem.
Created by
@domodata
, BRC-20 utilizes Ordinal inscriptions to deploy, mint, and transfer tokens.
Let's break down the 10 steps to understand BRC-20 tokens. 🧵
Ladies & gents, cats, dogs, aliens, monkes and degens of all sorts, the time has come to reveal what I've been working on these past few days.
I present to you - Bito's Natcats Rarity Guide! 😻
Want to know how rare your Natcats are?
Simply visit 🐈…
GM Ordinals
I wanted to put things in perspective so we know where we stand rn just as the bull enters the stage.
Here are floor prices of some of the top collections on Ethereum and Bitcoin at their ATH:
ETH:
BAYC - 8.3btc (153.7eth)
Crypto Punks - 6.91btc (125eth)
MAYC -…
Many of you have been asking, "Bito, why are you so optimistic about
#Bitmap
? You claim it could reach $14,000 each, but isn't that a bit silly?" So, I've decided to lay out my reasons for you to judge. Am I too excited, or is there a method to my madness? Let's dive in and see👇…
GM😸
People ask me if I'm bullish on Natcats. Let's see...
- It's on Bitcoin
- First real innovation to NFT PFPs since Crypto Punks
- First UNAT (Unique Non Arbitrary Token)
- The hunt for new cats will go on for years to come
- It's selling OTC on spreadsheets for a week and…
Benny, the founder and main developer of the Track Project, Started as a solidity developer. Benny recognized the potential for affordable inscriptions of collectibles on
#Bitcoin
and transitioned into creating
@trac_btc
. The project originated with
#Ordinals
in February last…
Bitnats are not lands in the Bitcoin Metaverse like
#Bitmap
.
When you inscribe bitnats of a particular block, essentially it's like owning a mine.
There are many different minerals to be mined, like gold, iron, silver, etc.
Here is everything you need to know about
#Bitnats
👇
To my dear Ordinals family🌹
Today, we stand together at a pivotal moment, brought on by Casey's suggestion to implement "The Great Renumbering."
The new proposal wants to change how inscriptions, or digital artefacts on the blockchain, are numbered. Right now, each inscription…
I'm really excited about
@blockamoto
's new proposal for a standard called DMT-420. This might just be what
#Bitmap
needs to hit $10,000 per piece. Non-arbitrary tokens could serve a bigger purpose. Let's explore the marriage between DMT and BRC-420 together. 👇…
I've been thinking a lot about NFTs lately, particularly the so-called blue-chip collections and their reflection on Ordinals.
Which collection in our space has the most potential to ascend to blue-chip status during the next bull run? What impressive heights might its market…
WARNING: You are about to read a conceptual predicate. 🧬
#CBRC20
is a proposed Metaprotocol standard by
@CyBORg_BTC
for fungible tokens on
#Bitcoin
through
#Ordinals
.
Let's take a closer look at CBRC-20 tokens, and understand them in just 10 steps🧵
DeFi on Bitcoin (
#OrdFi
) gains traction, and we may be on the cusp of a new wave of innovation that could rival the impact of the early ERC20 tokens on Ethereum.
Let's TAP into this Billion-Dollar opportunity and unravel this story together. 👇
The TAP Protocol, a recent…
So you've heard about
#Bitmap
, but what about
#Bitman
? 🤖
Bitman is linked to each Bitcoin block, showcasing the block's special traits in a simple form.
Brought to life by
@BitWorld_AI
and
#BRC720
.
Let's explore this new project and see what Bitman is all about 👇
Young fellas. Do you think shiny things catch my eye? Hardly. True gems, like $TRAC, aren't immediately shiny - they're built with grit. That's why I see $TRAC still as a 100x gem, with the
#TAP
ecosystem on the verge of revealing its full potential. Let's dive in together. 👇…
I feel a rare excitement about
@dmtnatcats
, a non-fungible asset created using non-arbitrary data. Call me crazy but as far as creativity, it is in the same league as OMB. Since the average mint price is around $4, I see a 9500x potential. Here is why 👇
Natcats is a creative…
In my crypto journey, I've found nothing like Non-Arbitrary Tokens (NATs) such as $NAT and
#Bitmap
. They just feel right. Instead of discussing their market caps or the hundreds of Bitcoins in volume, I'm more excited to share what I envision as their unprecedented potential. 👇…
Bitmap Theory aims to map the dimensions of Bitcoin spatially, producing a unified Metaverse seed generated by its data structure.
Bitmap traits include on-chain data and social attributes (aka "Blocktributes").
Want to know all the Blocktributes of your Bitmaps?
Let's get…
Non-arbitrary tokens never cease to amaze me. The sheer possibility of launching a hybrid token like
@dmtnatcats
, where you mint a non-fungible art piece and simultaneously mint a fungible token attached to it, opens up endless opportunities. Let's dive in 👇
Hybrid Tokens, are…
So many people ask me about tokens on
#Bitmap
. Which token will 100x? Where is the value? Is there going to be one token to rule them all? What is the role of tokens in an ecosystem?
I won't lie. At first, I thought there would be only one token to rule them all. The whole…
Lets think about it. If we want
#Bitmap
to reach $3000 per piece or even $10000 per piece we can't rely only on pure speculation. We need a creator economy - a thriving ecosystem with a unique value proposition that will elevate the Bitmap Metaverse. Let's dive into
#BRC420
👇…
First off, a huge shoutout to Bitoshi
@blockamoto
for introducing us to something extraordinary.
#Bitmap
is a gem that's uniquely Bitcoin's – you won't find this on any other chain. 🟧
Right now, I'm reading into the initial part of the Bitmap Theory Whitepaper, which is just…
While discussing the most exciting & promising narratives in ordinals, I realized something.
Or more like remembered something.
Rare sats, low inscriptions, new protocols, and all the rest have their own value, but the key element that unites degens from all across the world…
Mamma mia, Bitmap at $14 000. 😱
Is this possible? 🤔
Diving into the transformative journey of the Metaverse, let's explore its evolving phases and Bitmap's pivotal role in shaping this virtual landscape. Here’s the rundown:👇
Looking back at the internet's dawn, it was…
@trac_btc
, developed by Benny
@rarity_garden
, is a fundamental piece for Bitcoin functionality and accessibility. With $TRAC at a ~$100M cap, it could mirror the billion-dollar success of ETH giants like The Graph. 👇
TRAC Core is a protocol designed to enhance the Bitcoin…
You finally saw that NAT call on time but don’t know what to do? Don't worry I'm here to help. 😎
If you have a Geniidata dashboard or page with dmt-mint data looking like that:…
You are not bullish enough on what's coming our way...
Or are you? 👀
Last 400 days we laid the foundations for Bitcoin to become a platform with the emergence of Ordinals.
Next 400 days will melt faces. Screenshot this.
Decentralized Finance (DeFi) has truly become the pulsating core of cryptocurrency and Web3 innovation. It represents the centre of attention of blockchain technology's integration into real-world financial systems. This sector, more than any other in the crypto space, shows the…
If you are in Ordinals for more then a day, chances are you've heard about Yokai Avengers. Apart from being one of the earliest projects on Ordinals, there's hardly a more active and dedicated community out there. Now their graphic novel is coming on Bitcoin. ⚔️👇
In February…
My crypto journey began in 2009 with the controversial documentary "Zeitgeist." Despite my economic background, it was then when I truly understood our financial system's flaws. Now, with
#Bitcoin
nearing its all-time highs, I'm eager to share why I chose BTC. Let’s dive in. 👇…
Ordinal Theory introduced:
BRC20 tokens
Recursive inscriptions
Parent-Child Inscriptions
Bitmap
TAP Protocol
Sat Names
Rare Sats
Runes
Runestone
🟧.frens
What else will the exciting future bring to Ordinals? 🚀
Right now,
@ALEXLabBTC
is sitting on a cool 46 million dollars Total Value Locked (TVL) in their contracts. But here's the thing – that's just the tip of the iceberg. With the crypto market gearing up for a bull run, we're talking about a massive influx of capital heading their…
Welcome to the wonderful world of Ordinals!
It's a young and beautiful world, full of potential. 🏖️
We may not have been here for long but already so much has been built, laying the on-chain foundations for generations to come.
Time to meet the FOUNDERS... 👇
Did you miss the latest
@trac_btc
Spaces?
Fear not, as I've written a summary with the most important alpha that was shared.
Including the upcoming Tap airdrop, milestones, and strategic direction of the Trac core team.
Let's dive straight in 👇…
Picture a 3000x opportunity that's brewing before your eyes👀
Let's delve into the bull thesis for
@trac_btc
and examine its comparison to
@graphprotocol
🐂
Trac is a decentralized API that helps developers work with blockchain data more easily. By managing the tasks of…
Tell me, what do you think will be the key innovation during this bull run? 🤔
Lately I'm fascinated by the possibilities that DMT (Digital Matter Theory) & NATs (Non Arbitrary Tokens) open up before us. 🤯
From the moment it was announced at the North American Bitcoin Conference in Miami, Ethereum has become a powerhouse, enabling developers to create smart contracts and decentralized applications. The brilliant innovation by
@VitalikButerin
provided an answer to Bitcoin's…
CASEY ANNOUNCES RUNE 0 🧡
Casey explains the basics of Runes, how it compares to other token standards, and what we can expect when Runes goes live at the halvening 🔥
A new era for the Ordinals fam.
Are you excited, anon?
@RODARMOR
@hellmoneypod
Goosinals have been honking their way across the Ordinals community at the speed of light. 🪿
Who is behind it, what is the project about and what happened since its launch?
Read the story so far👇
🧵
#Honk
#Goosinals
A lot has happened in the
@BitWorld_AI
ecosystem since I last wrote about
#Bitman
.
X-Bitman was released, the first
#BRC720
asset, and now it's time to put your Bitmans to work, so they can earn you $BMAI tokens in their new Mining Game.
See how it works 👇
Natcats is a creative project that shows off a new way to make unique digital art using Digital Matter Theory (DMT). DMT is a concept that treats digital data as tangible material that can be shaped and utilized for creating unique digital assets.
So you've heard about
#Bitmap
, but what about
#Bitman
? 🤖
Bitman is linked to each Bitcoin block, showcasing the block's special traits in a simple form.
Brought to life by
@BitWorld_AI
and
#BRC720
.
Let's explore this new project and see what Bitman is all about 👇
Just as the Big Bang marked the inception of the universe, expanding from a singular, intensely condensed point into the vast cosmos filled with stars, and planets as we know it, the creation of Non-Arbitrary Space (NAS) for Bitcoin represents a new genesis. Let's explore why 👇…
I had this wild dream about black and white skeletons. Some were dressed in hoodies, others as samurais and ninjas, with eyes burning with an eerie glow. This dream, strangely enough, led me to discover Unordinals. Then I realized it wasn't a nightmare at all. These skeletons…