SOBIT
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In January 2023, the launch of the Bitcoin Ordinals protocol laid the foundation for the emergence of Inscription Track. The protocol divides Bitcoin into units called âSatsâ and engraves unique information on each Sat to achieve the effect of a non-fungible asset.
Subsequently, many applications, including BRC20, adopted the Ordinals solution and continued to target the market, setting off a craze for Inscription Track on the Bitcoin blockchain.
In the inscription track, individual retail investors play a leading role. Inscriptions such as BRC20 adopt a fair launch model. All chips are cast by retail investors themselves and do not involve any institution, project team or insider trading. Everyone needs to mint their own tokens themselves. The rise of Inscription Track echoes the wealth effect of a meme two years ago. For example, Ordiâs minting cost was around $1 per token, which skyrocketed to $20,000 per token on CEX after listing. In addition to Ordi, tokens like Sats have also brought myths of wealth, and exaggerated price increases have driven the growing popularity of the BRC20 protocol. Many people call the rise of Inscription Track a "retail bull market" and a "new round of DeFi summer."
SoBit operates on the following core principles:
1. **Enhanced security:** SoBit adopts advanced multi-layered defense strategies to improve the security of assets and ensure that user funds are effectively protected.
2. **Solana Synergy:** SoBit leverages innovative strategies and the Solana ecosystem to drive growth and enable broader use of BRC20 assets. This helps optimize capital utilization and ensures users have a faster, more efficient and cost-effective experience during cross-chain transfers.
3. **Community-driven evolution:** SoBit is committed to adopting cutting-edge technology to benefit the large user community of Solana and the BRC20 ecosystem. The platform provides an open space where users can actively participate in the development and evolution of the platform.
SoBitâs vision is to enhance the potential of dApps and DeFi platforms on Solana by integrating the value and diversity of the BRC20 token with the rich Solana ecosystem. In addition, it provides new opportunities and application cases for BRC20 token holders. The platform pays great attention to the security of tokens and the withdrawal process, and achieves safe withdrawal of tokens by safely storing and recognizing the corresponding tokens.
To sum up, SoBitâs vision is to build a unified and efficient blockchain world that eliminates barriers between different chains. By promoting the free circulation of BRC20 tokens on Solana, SoBit is committed to driving innovation and growth throughout the blockchain industry.
#SOBIT
Subsequently, many applications, including BRC20, adopted the Ordinals solution and continued to target the market, setting off a craze for Inscription Track on the Bitcoin blockchain.
In the inscription track, individual retail investors play a leading role. Inscriptions such as BRC20 adopt a fair launch model. All chips are cast by retail investors themselves and do not involve any institution, project team or insider trading. Everyone needs to mint their own tokens themselves. The rise of Inscription Track echoes the wealth effect of a meme two years ago. For example, Ordiâs minting cost was around $1 per token, which skyrocketed to $20,000 per token on CEX after listing. In addition to Ordi, tokens like Sats have also brought myths of wealth, and exaggerated price increases have driven the growing popularity of the BRC20 protocol. Many people call the rise of Inscription Track a "retail bull market" and a "new round of DeFi summer."
SoBit operates on the following core principles:
1. **Enhanced security:** SoBit adopts advanced multi-layered defense strategies to improve the security of assets and ensure that user funds are effectively protected.
2. **Solana Synergy:** SoBit leverages innovative strategies and the Solana ecosystem to drive growth and enable broader use of BRC20 assets. This helps optimize capital utilization and ensures users have a faster, more efficient and cost-effective experience during cross-chain transfers.
3. **Community-driven evolution:** SoBit is committed to adopting cutting-edge technology to benefit the large user community of Solana and the BRC20 ecosystem. The platform provides an open space where users can actively participate in the development and evolution of the platform.
SoBitâs vision is to enhance the potential of dApps and DeFi platforms on Solana by integrating the value and diversity of the BRC20 token with the rich Solana ecosystem. In addition, it provides new opportunities and application cases for BRC20 token holders. The platform pays great attention to the security of tokens and the withdrawal process, and achieves safe withdrawal of tokens by safely storing and recognizing the corresponding tokens.
To sum up, SoBitâs vision is to build a unified and efficient blockchain world that eliminates barriers between different chains. By promoting the free circulation of BRC20 tokens on Solana, SoBit is committed to driving innovation and growth throughout the blockchain industry.
#SOBIT
