BRC 20 has ushered in a different era, not only for the big pie ecology, but also for the inspiration and thinking of some public chains ,
The biggest innovation of this year is not L2 or Ethereum upgrade or AI combined with blockchain, but Ordinals and BRC 20.
Ordinals: It will break the NFT pattern on Ethereum. In the future, NFT based on BTC blue chips will be born, and the price will reach the peak market value of BAYC, or even higher, giving birth to the NFT trading platform and NFTfi based on Ordinals .
BRC 20: Change the way of project issuance and trading, as well as the structure of the exchange . We are optimistic about @unisat_wallet becoming the next Uniswap, which can be exchanged for various X 20 in the future.
Both will have an impact on the existing crypto ecosystem. We should note that Binance , OKX, etc. are the CEXs that support Ordinals NFT in the near future. OKX and huobi are the most supportive of BRC 20. Because the pending order transaction method adopted by BRC 20 is not conducive to project Liquidity transactions, but it is fairer than seemingly decentralized transactions.
We will not go into details about these two concepts. We listed ecological products in the previous article.
At present, the mainstream trading markets of Ordinals are: Ordswap, Ordinals Wallet, Magiceden
The BRC 20 trading venue is mainly Unisat.
Strategy 1: Focus on well-known IP and brc 20 native product token issuance opportunities.
Talk about these ecological opportunities, you can win AirDrop , use the above ecological tools more, and pay attention to these tools that may issue brc 20 tokens. Because the initial mint distribution method of brc 20 is very fair, once you grab it, you will earn it.
In the current entire BRC 20 market, except for the leader ordi, the one with the nature of IP is VMPX. The rest are almost all memes hyped by their names. This alone is not enough. There must and will be more well-known project parties deploying on brc 20 in the future. No matter it is a large or small project party, they can participate. According to our observation, if the gas fee is not too high, once all the mint is completed, the subsequent opening transaction will be higher than your initial participation chip price.
Strategy Two: Unisat Opportunities
We believe that the current Unisat is the Uniswap of 20 years ago. Before that, our organization contacted the founder of Unisat, expressed his willingness to participate in the investment, and received a positive response. In addition, we also paid attention to the Ordinals Wallet. Estimated at $100 million.
According to our guess, Unisat will issue BRC 20 and there will be AirDrop. There are two types of AirDrop. One is to hold an OG PASS card. The increase is a bit large now. It was only about 0.1 B in the early days, but as long as the BRC 20 track There is no problem, if the Unisat route is correct, it is the leader in the trading market, then holding an OG PASS card can get AirDrop for various cooperation projects and Unisat AirDrop.
The second is to carry out AirDrop based on points. You can use the traditional method to carry out multi-number, multi-transaction and multi-creation to win AirDrop.
Here we recommend Mint sats when gas is low. Many people say that this Mint can’t be finished, but in fact, it can be finished. There are time issues and cost issues. The total number of mint is 2100w, and it is acceptable if the gas for 100 Mint cards does not exceed $100.
We are optimistic about the future of BRC 20. The address chips will be more dispersed, while the ecological tools will be more complete, and the combination of Lightning Network will reduce Gas fees and speed up the transaction process. OKX has obviously seized the opportunity, while BN seems to have insufficient innovation capabilities recently, and it is too slow to grasp the hot spots.
LRC 20: Innovations on the Litecoin Network
LRC 20 is also called LTC 20. As the halving of Litecoin is approaching, the project founded by Charlie Lee has developed a token standard as an experiment for the Litecoin Ordinals protocol. Similar to BRC-20, the test allows for the creation and management of fungible tokens on the Litecoin blockchain, while opening up a range of possibilities for decentralized applications (Dapp) and smart contracts on the network.
LTC 20 has been retweeted and supported by Litecoin and the Litecoin Foundation on Twitter. Although it is a private action, it can be regarded as a small official recognition.
At present, the consensus on the LRC 20 network is relatively strong is the leader lite, but since it has already been played, there is no initial opportunity to participate. According to our survey, the off-site price is within $300-$500. The overall market value of lite has a large gap compared with ordi. .
If you want to participate in LRC 20, you can only wait until the index and trading market appear, and at the same time go to Mint some NFTs on the LTC network.
ORC 20: growing amid controversy
ORC 20 should be the most controversial. Among them, BRC 20 generally rejects ORC 20, believing that its deployment is centralized and beneficial to project parties and institutions. It was because of Binance’s tweet that ORC 20 came into the public eye, and some communities believed that this was another corner of Binance’s overtaking. We do not make predictions here, because we will not stand on any side, and we only choose the way to maximize the benefits, so we should participate first, and don't refuse, after all, the cost of participation is very low. Why bother with making money?
The fact that ORC 20 namespaces have no fixed limit and can use names of any size makes the name hype moot.
At present, only the first deployed project ORC is worth paying attention to. It is said that the current off-site price of ORC is 0.1 U-0.25 U.
SRC 20: A bleeding-edge specification modeled after BRC-20
SRC 20 is based on the BTC STAMPS protocol, namely Bitcoin stamps.
Create a hirowallet wallet and transfer to BTC(note that the wallet address starts with BC1Q ) http://wallet.hiro.so
2. Publish project view http://stampsrc.github.io
3. Mint page (similar to brc 20 ) http://stampchain.io/src 20/
4. Check whether mint is successful http://stampchain.io
5. http://stampsrc.github.io to track tokens for SRC-20 deployments.
The first token of SRC 20 is $KEVIN, which is said to have reached 1.2 BTC outside the market, and the stamp is 2000 U, another story of getting rich.
It is too early to tell if there will be any adoption of SRC 20. There is currently no market supporting SRC 20 and the only way to trade it is through OTC.
With the fire of BRC 20, we have listed XRC 20, which has attracted more attention in the market. It is foreseeable that more public chains will participate in the future, but in any case, BRC 20 is still the main one at present, so we should put the research Focus on this.