In this craze, perhaps "scientists" and miners are the final winners.
Original author: joyce, original source: blockbeats
As of the evening of the 16th, some users reported that pols had been completed by mint. According to Dune data, a total of more than 100 million matics were spent on mint 21 million pols. The address with the largest amount of minting is a contract address (0xf362561959f51bc29f4b3abe801b5373b4e1a144), which currently holds 2.2287 million pieces, accounting for about 10% of the total.
The community speculates that not only the address at the top of the ranking may be the contract address, but some users said that they found an example of a contract that can batch mint inscriptions in official documents .
The speed with which Pols Mint was completed was beyond the community’s expectations, and the entry of “contract scientists” also aroused opposition from many Pols holders. The community generally believes that deploying smart contracts will crowd out retail investors' holding opportunities, affect decentralization, and thus undermine the narrative of pols; there are also voices saying that mint inscriptions through contracts are actually a "deflationary" move from the project team.
In addition, users can enter their wallet address here to check mint status.
Further reading: What is BRC20? Wallet tutorial and token purchase method?
Inscriptions can be said to be one of the hottest topics recently. In addition to Bitcoin Inscription and Ethereum Inscription, which have significant wealth-making effects and have few opportunities to enter the market, the Inscriptions of various public chains have also gradually become the focus of the community, such as Dog Chain Inscription, Binance Smart Chain Inscription, Wright Inscription, BASE chain inscriptions and so on have been discovered one after another, and already have their own secondary trading markets.
“So far, the Ethscriptions platform has a transaction volume of 7,000 Eth and a floor of 4,032 U. The new cost on June 18 was less than 1 U. Those who stayed on from the beginning to the end have already made 6,000 times the profit.
As the wealth creation effects of Bitcoin Inscription and Ethereum Inscription overflow, other public chain "RC20" tokens like ETHS may also become the next potential wealth password. "
Polygon Inscription: POLS
Yesterday, the wind of inscription also blew on Polygon. On November 16, Polygon network gas charges surged. As of the time of writing, the gas bill has exceeded 1800 gwei.
Further reading: What is Polygon?
The reason behind the congestion of gas fees is that a community discovered the prc-20 pols (formerly known as matic, known as horseshoe chain in the community) deployed in May. According to evm.link, the total number of pols is 21 million, and currently only mint 6.6%.
With the lessons learned from missing sats, "playing a few self-defense cards" has become a subconscious reaction of the community. Compared with the higher-cost brc and erc, the simple-to-operate pols can be regarded as a mint object suitable for inscription novices to participate. So the teaching of mint pols quickly became a hot topic in the community. Click mint on evm.link and you can mint a pols for less than 0.05matic.
The community also shared methods of batch minting through the batch collection function (requiring importing the wallet private key), through scripts, etc.
According to dune data , there are currently more than 50,000 pols holding addresses, and more than 8 million pols inscriptions have been minted, while the number was still 5 million 5 hours ago.
The low gas fee of polygon is considered by the community to be the advantage of pols as inscriptions, and if 21 million pols are mint, it may be the chain with the largest number of inscriptions among all evm chains including Ethereum, which is not difficult to imagine. To the brc inscription "sats", the latter has attracted widespread attention from the community due to its eye-catching growth.
However, it is precisely because of the low price of pols that only a large number of mints can make good profits. In one day, the gas fee has increased dozens of times. In this craze, only "scientists" and miners may be the final winners.
