It is reported that Opensat will start its own inscription public offering at 9 pm on January 16. This will be the debut of its new feature - the inscription launch platform. Opensat will accept more projects one by one to launch inscriptions. Given the diversity of launch modes, projects and users will be immersed in a richer participation experience, including but not limited to: whitelist mode, fixed price mode, auction mode, staking to mine new inscriptions, etc. Opensat, the innovator of leading inscription transactions.

The specific schedule is as follows:

1.15, 21:00: Whitelist user registration for free mint has ended within two hours

1.16, 21:00: The first round of public offering, the price is 30 sats, and the number of inscriptions issued is 30%

1.23, 21:00: Public offering round 2, price 50 sats, 55% of the inscriptions sold

With the strong debut of BRC20, the inscription market has flourished. However, its trading model is still stuck in a single dilemma, similar to the operation of NFT. Users must convert inscriptions into BTC, then search for the required inscriptions in the market, and then purchase them with BTC. This cumbersome and time-consuming process has become part of the user's search cost, which may lead to the loss of valuable trading opportunities.

In order to subvert the existing pattern of inscription transactions, Opensat has made a brand new appearance. On the front end, Opensat provides users with an intuitive and efficient inscription exchange window; behind the scenes, by aggregating inscription orders on the market, it presents the cutting-edge experience of Dex in DeFi. Opensat not only minimizes the user's search cost, but also saves them valuable time and energy.

It is worth mentioning that the project has successfully launched the beta version and realized the inscription exchange. Its clear and simple page design provides users with a familiar interactive experience similar to Dex, which is unmatched by any project in the current market. Given the particularity of the Bitcoin network scripting language, the development of smart contracts on the Bitcoin chain has always been troubled. Therefore, the Opensat team decided to complete the aggregation and matching of orders first to optimize the user experience, while continuing to explore the development of smart contracts.

The launch of Opensat is not only to improve efficiency, but also to improve the decentralized liquidity of the inscription market. By finding the best exchange path and transaction price for users, Opensat not only saves users time, but also reduces their transaction costs.

More on Opensat social media:

Twitter: https://twitter.com/ins_opensat

Telegram: https://t.me/opensat_official

Chinese Telegram: https://t.me/opensat_chinese

Token economic model:

The tokens sold by Opensat are called ONST, with a total of 210,000,000, and the distribution is exquisite:

1%: Community Contributors

4%: Airdrop whitelist

30%: First round of public offering

55%: Second round of public offering

5%: Listing on centralized exchanges

5%: Development purposes

Currently, Opensat is actively carrying out the airdrop whitelist activity.

Token usage:

  1. After the inscription is sold, it can be directly pledged to share the Bitcoin rewards.

  2. Participate in the sale of inscriptions for subsequent projects.

  3. Have governance voting rights.