Since the birth of Bitcoin, every major milestone has been accompanied by a transformation in asset issuance methods:

POW Era

Typical representatives: Bitcoin (BTC), Litecoin (LTC), etc., achieved initial asset issuance through the proof-of-work mechanism.

ICO Era

Representative projects: Tron (TRX), Ethereum (ETH), etc., initiated a new model of blockchain fundraising through public token issuance.

Public Chain Era

Representative projects: Solana (SOL), Binance Chain (BNB), etc., built high-performance public chains, promoting the explosion of ecosystems.

POS Era

Representative projects: Ethereum (ETH), Fantom (FTM), etc., optimized energy efficiency and enhanced network security through the proof-of-stake mechanism.

DeFi Era

Representative projects: Curve (CRV), Aave (AAVE), etc., decentralized finance reshaped traditional financial models and stimulated liquidity innovation.

DEX Era

Representative projects: Uniswap (UNI), dYdX (DYDX), etc., decentralized exchanges became the core venue for asset trading.

Meme Era

Representative projects: Shiba Inu (SHIB), Pepe (PEPE), etc., drove market enthusiasm through community culture and narrative.

Future Era

Possible representatives: ORDI, BRC20, etc., opened a new chapter in asset issuance through new protocol standards.