Thread by @Shitgem_xyz

🔥 #BRC 20 will be the next narrative after the #Meme $Pepe surge goes down.

$Ordi has performed #1000X since free mint on Unisat.

Spent hours diving deep into the Brc-20 network.

Everything about BRC20

How to make profit on BRC20 💰 🤑

I’ve got you covered here 🚪

1️⃣ What is BRC-20

To make it simply, We have #ERC20 - token standard on Ethereum, #BEP20 - token standard on BNB.

Then, #BRC20 is a fungible token standard on Bitcoin blockchain.

#BRC20 is deployed using #Inscription or #JSON file, allowing users to create and transfer tokens.

The BRC20 standard was created by @domodata on March 8th.

https://twitter.com/domodata/status/1633828036943704068

2️⃣ The hype

After 2 months after launch, the ecosystem already has 14200 tokens with a total market almost reaching 1B.

$Ordi is the most hyped token on #BRC20, which has increased #1000X since free mint on Unisat.io and #2X after listing on Gate yesterday.

The hype has caused gas fees on the #BTC network to skyrocket, and Binance had to suspend BTC withdrawals.

3️⃣ How to get involved with BRC-20

1/ Create a Unisat wallet and save the seed phrase.
chrome.google.com/webstore/detai…

2/ Buy BTC on major CEXs like #Binance, #Mexc, #OKX,.. and withdraw your BTC to your #Unisat wallet address.

Since some major CEXs have been suspending BTC withdrawals, I recommend withdrawing from #Houbi exchange.

3/ Mint your first BRC-20 token on unisat.io/brc20.

You can find more information about the ecosystem on brc-20.io

4/ Swap BRC-20 tokens on unisat.io/market

Since the Unisat market is in test version, you have to make more than 20 mint transactions in step 3 to be able to whitelist your wallet.

📌 Note

BTC will be used to pay the gas fee.

The transaction costs $5-$10 USD in BTC.

The total fee to make 20 mint transactions is $70-$100 USD.