BRC-20 is the next trend.
It has already reached a $300Mn+ market cap within just 2 months of launch.
Still way too much smaller than ERC20's marketcap, making it an early opportunity for #Airdrops.
Here is how to mint, buy BRC-20, and more👇
It has already reached a $300Mn+ market cap within just 2 months of launch.
Still way too much smaller than ERC20's marketcap, making it an early opportunity for #Airdrops.
Here is how to mint, buy BRC-20, and more👇
Index:
📖 What is BRC20? [1-4]
📟 Creating a wallet. [5]
🤔 Buying BRC-20 tokens. [6-7]
🌿 Free mint other tokens. [8]
🧤Minting your own BRC-20 token.[9]
This is still in its experimental stage, so do your own research before making any move. Also, this is not financial advice.
📖 What is BRC20? [1-4]
📟 Creating a wallet. [5]
🤔 Buying BRC-20 tokens. [6-7]
🌿 Free mint other tokens. [8]
🧤Minting your own BRC-20 token.[9]
This is still in its experimental stage, so do your own research before making any move. Also, this is not financial advice.
1/11
📖 What is BRC20?
• We discussed Ordinals in our previous thread.
• BRC-20 uses the Ordinals protocol.
• To be simple, Ordinals introduced the concept of numbering each sat of Bitcoin and inscribing data onto each one.
• The data could be an image, music, text, file...
📖 What is BRC20?
• We discussed Ordinals in our previous thread.
• BRC-20 uses the Ordinals protocol.
• To be simple, Ordinals introduced the concept of numbering each sat of Bitcoin and inscribing data onto each one.
• The data could be an image, music, text, file...
2/11
• Now, BRC-20 uses the concept of inscribing text to represent a fungible token.
• BRC-20 is like ERC20 on Bitcoin.
• But there are many limitations like, it doesn't support smart contracts.
• Recently ORC-20 launched to address BRC20's issues.
• Now, BRC-20 uses the concept of inscribing text to represent a fungible token.
• BRC-20 is like ERC20 on Bitcoin.
• But there are many limitations like, it doesn't support smart contracts.
• Recently ORC-20 launched to address BRC20's issues.
3/11
ORC-20 is relatively new compared to BRC-20 and there aren't much-known projects on it.
BRC-20 was developed barely 2 months, so it's still early.
The total marketcap of BRC-20 has reached approximately $300Mn.
ORC-20 is relatively new compared to BRC-20 and there aren't much-known projects on it.
BRC-20 was developed barely 2 months, so it's still early.
The total marketcap of BRC-20 has reached approximately $300Mn.
4/11
Now there is much to it, I recommend these sources for more details.
- BRC-20 Explained: mythbtc.xyz
- BRC-20 Experiment: domo-2.gitbook.io
🖼️ About Ordinals:
Now there is much to it, I recommend these sources for more details.
- BRC-20 Explained: mythbtc.xyz
- BRC-20 Experiment: domo-2.gitbook.io
🖼️ About Ordinals:
domo-2.gitbook.io/brc-20-experim…
brc-20
Read every word if you decide to test. These will be worthless. Use at your own risk.
mythbtc.xyz/brc-20-token-s…
What are BRC-20 tokens on Bitcoin? | Myth BTC
The BRC-20 token standard is an experimental fungible token standard for Bitcoin created by Twitter...
5/11
📟 Creating a wallet:
1. Download and create a wallet: ordinalswallet.com
2. Click on your wallet profile.
3. Click on "Receive".
4. Copy the wallet address.
5. Go to any taproot-supported exchange & withdraw some BTC to this address. (Binance, Bybit, etc)
📟 Creating a wallet:
1. Download and create a wallet: ordinalswallet.com
2. Click on your wallet profile.
3. Click on "Receive".
4. Copy the wallet address.
5. Go to any taproot-supported exchange & withdraw some BTC to this address. (Binance, Bybit, etc)
6/11
🤔 How to buy BRC-20 tokens:
1. Click on the BRC20 Tab, & choose any token from the list. (I will be choosing $PEPE as an example).
2. Now check the No. of tokens, per token price. Click on "Buy Now".
3. Confirm password.
4. Click on "Buy Now" and confirm the transaction.
🤔 How to buy BRC-20 tokens:
1. Click on the BRC20 Tab, & choose any token from the list. (I will be choosing $PEPE as an example).
2. Now check the No. of tokens, per token price. Click on "Buy Now".
3. Confirm password.
4. Click on "Buy Now" and confirm the transaction.
7/11
👁️ Where to view your BRC-20 token?
1. Go to your wallet profile.
2. Click on the "BRC20" tab.
👁️ Where to view your BRC-20 token?
1. Go to your wallet profile.
2. Click on the "BRC20" tab.
8/11
🌿 Free mint other tokens.
1. Go to BRC-20 list and look for the progress bar under the supply of each token. (If the progress bar is not 100%, then you can mint that token).
2. Click on token>> check details >> Mint.
3. Set fees >> Inscribe.
4. Confirm the transaction.
🌿 Free mint other tokens.
1. Go to BRC-20 list and look for the progress bar under the supply of each token. (If the progress bar is not 100%, then you can mint that token).
2. Click on token>> check details >> Mint.
3. Set fees >> Inscribe.
4. Confirm the transaction.
9/11
🧤Minting your own BRC-20 token.
1. Go to the "Inscribe" section.
2. Choose "BRC-20" enter the ticker name (4 letters), & the amount, & click "Submit".
3. Select the network fee & click on "Inscribe".
I was facing some issues with it, but there are other alternatives...
🧤Minting your own BRC-20 token.
1. Go to the "Inscribe" section.
2. Choose "BRC-20" enter the ticker name (4 letters), & the amount, & click "Submit".
3. Select the network fee & click on "Inscribe".
I was facing some issues with it, but there are other alternatives...
10/11
You can also use the Unisat wallet.
🔗 Link: unisat.io
There are many tutorials for the above wallet.
And it's somewhat similar to ordinals, but for me, ordinals was easy to use, so I tried that out in this guide.
You can also use the Unisat wallet.
🔗 Link: unisat.io
There are many tutorials for the above wallet.
And it's somewhat similar to ordinals, but for me, ordinals was easy to use, so I tried that out in this guide.
11/11
That's all for this guide!
Again, please note that this technology is relatively new. So only try it with money that you can afford to lose.
For airdrops and guides, you can...
Follow: @its_airdrop
Join: t.me
See ya!
That's all for this guide!
Again, please note that this technology is relatively new. So only try it with money that you can afford to lose.
For airdrops and guides, you can...
Follow: @its_airdrop
Join: t.me
See ya!
The total marketcap of BRC-20 tokens has almost 3xed since the launch of this thread.
جاري تحميل الاقتراحات...