GM, talk about why you are so optimistic about #brc20 and #merm

First, let's go back to the starting question:

Do you need to build an ecosystem and issue assets on $BTC ?

First of all, there is a demand for issuing assets, such as NFT and Token. If they are issued on the btc chain, they will have the same security, stability, and decentralization as Bitcoin. After all, no one wants the assets they buy (in other words, 💰) to be controlled by a certain project party. Once the project party no longer operates the chain, it will be over. It's a very simple truth. If assets are issued on the Bitcoin chain, regardless of whether the issuer builds them or not, these assets naturally have the same level of availability as Bitcoin. Unless the Bitcoin chain is gone, your assets will always exist on the Bitcoin chain. Bitcoin's global miner network not only protects the security of Bitcoin, but also protects the security of assets on the Bitcoin chain, which is beyond the security of all chains.

When there is a demand for issuing assets, corresponding ecological needs will naturally be derived on these assets.

The brc20 inscription is the current mainstream asset issuance protocol. The characteristics of the assets issued on it are fair launch and ownerlessness. Fair launch uses the transaction cost of the Bitcoin network to give the issued assets an initial price (which means that the assets are not created at zero cost, which is the essential difference from other smart contracts). Ownerlessness means that even the deployer needs to purchase at the same cost as other buyers.

It can be said that brc20 is very suitable for the issuance of #meme coins, because meme coins are an important scenario for ownerless tokens.

Compared with smart contracts, there are not so many complex liquidity pools, transaction taxes, etc., and rug situations such as pool withdrawal are avoided, returning to the essence of meme: meme culture and community

Merm is an ownerless meme issued on BRC20. Greenhead fish has a sand sculpture happy culture and an interesting community atmosphere. After the mint was completed, it created a 100-fold increase in three days. It has now fallen back by 90%. For a meme, it is still in the very early Bitcoin ecosystem. It is very normal. Even if the price falls, the community culture is still rugged. At the same time, the number of community members and builders, as well as Twitter activity are continuing to develop, which shows that merm has formed its own meme culture community