Chainfeeds Introduction:
Cryptocurrency KOL Cookie reviewed the various opportunities and participating projects in the first half of the month after the Fractal mainnet was launched, focusing on analyzing the performance and potential of the CAT20 protocol and the BRC-20 protocol.
Source:
https://www.theblockbeats.info/news/55174
Article author:
Cookies
Viewpoint:
Cookies: Since Lorenzo himself praised CAT20 on Twitter Space, the price of $CAT has risen from 3.5U, and it may be difficult to turn back. In addition, on September 22, UniSat’s Official Twitter announced that UniSat products will soon provide more support for the CAT20 protocol, and the user experience of CAT20 is getting better and better. Dotswap not only supports the $FB-$CAT Swap, but also supports the liquidity pool of this Swap pair. If slippage and handling fees are not taken into account, the current price of $CAT displayed on Dotswap is about 7U per piece (one piece = 5 $CAT), that is, the current market value of $CAT is close to 30 million US dollars. Although after the Fractal network block height 21000, that is, BRC-20 was activated, the editor heard a lot of voices that were pessimistic about Fractal BRC-20, mainly saying that this is an unoriginal way of issuing assets. But in fact, Fractal BRC-20 is very comfortable for degen. On the night of the first activation, the tickers that could be played basically made money, such as $ordinals, $onlyfans, $elonmusk, etc. Of course, although the multiples that these tickers can bring are considerable, one is that too many people are rushing to Mint and may not be able to play, and the other is that it is a pure PvP game, and the timing of winning and leaving is very important. Then it developed into a "big truck" competition, that is, looking at the number of Holders, because this is the only way to win in the absence of a meme operator-more people means better liquidity. Under this premise, Fractal BRC-20 actually ran a "food" small main line, first hamburger $burger, then cherry $cherry, and these two "foods" performed well after the game. Old players of the Bitcoin mainnet should be familiar with the Bitcoin Stamp protocol. The integration of the Stamp protocol and Fractal does not seem to be an official statement, but was initiated by OpenStamp, the trading platform of the Stamp protocol. But precisely because it is OpenStamp that is doing this, it may be even more awesome... Because on March 21 this year, OpenStamp announced the completion of a seed round of financing with a valuation of US$50 million, led by Animoca Ventures, and participated by KuCoin Ventures, MH Ventures, VitalTao Capital, Lotus Capital, Brotherhood Ventures, Blue Node Capital, D64 Ventures, Luminescence Capital, Spicy Capital, Halvings Capital, SPEC Capital and YM Capital. The specific amount of financing has not been announced.
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