Thread by @Historic_Crypto

🟩 ETHEREUM ETHSCRIPTIONS 🟩

Just like BTC Ordinals, we now have ETH inscriptions. In the past 4 days, 130,000+ Ethscriptions have been created with 260+ ETH ($447,000 USD) volume on OpenSea 🔥

What are "Ethscriptions? How can I create/buy/sell? This thread will explain 🧵👇 twitter.com/i/web/status/1…

1. Ethscriptions utilize Eth's calldata, the memory component that stores function call arguments during a smart contract interaction. This allows for efficient minting of NFTs within existing smart contracts, reducing gas costs.
Creator: @dumbnamenumbers
Dev: @0xHirsch

@dumbnamenumbers @0xHirsch 2. Developed by Tom Lehman, co-founder and former CEO of Genius. com, the project has seen explosive interest. Nearly 30,000 Ethscriptions were created in the first 18 hours.

decrypt.co/145153/ethscri…

@dumbnamenumbers @0xHirsch 3. Lehman called for famed NFT collection CryptoPunks to be “ethscribed.” It sparked a frenzy, and copies of the 10,000 images were inscribed in a matter of hours. Nearly all of the 10,000 CryptoPunks are now “Ethscribed” in the sub-10k club.

@dumbnamenumbers @0xHirsch 4. How do Ethscriptions work?

Read this Techincal Thread by: @0x_Beans

https://twitter.com/0x_Beans/status/1670951764844253184

@dumbnamenumbers @0xHirsch @0x_Beans 5. Create an Ethscription

Anyone can connect their wallet and create an Ethscription here:

Note that there are image size limits, so you may need to compress.

ethscriptions.com/create

@dumbnamenumbers @0xHirsch @0x_Beans 6. Here's the full "how-to" video showing you how to create an Ethscription and then put it into an Emblem Vault for Opensea by: @adamamcbride

https://twitter.com/adamamcbride/status/1669933433051553792

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride 7. Check your Ethscription #s on the Website

Note that Ethscription Collections like Punks have their own numbering values:

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride 8. Buy and Sell Vaulted Ethscriptions on OpenSea viz @EmblemVault :

opensea.io/collection/eth…

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 9. If you want to ensure you are buying an Ethereum Punk, you need to make sure you are purchasing from the "Ethereum Punk" Verified Collection. There are currently 3 collections available.

https://twitter.com/EmblemVault/status/1670902692410179585

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 10. All Ethscriptions that have been vaulted and minted onto OpenSea will appear on the OS page. You need to make sure you’re looking at an “Ethereum Punk” as opposed to a "random" Ethscription.

Example: The Punk on the left is not in the official Ethereum Punk Collection:

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 11. More Ethscriptions Storefronts:

Blur: blur.io/collection/eth…

Looks Rare: looksrare.org/collections/0x…

X2Y2: x2y2.io.activities.bid/collection/eth

MagicEden: magiceden.io/collections/et…

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 12. Emblem and the Ethscription Team have been providing daily updates and fixes.

Updates are incoming!

https://twitter.com/EmblemVault/status/1670964611238043650

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 13. Ethscription Numbers

Ethscriptions display a number representing the order in which they were created on the website.

Will see a rise in value of the Sub-1k and Sub-10k Ethscriptions? This is the speculation...

DYOR NFA

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 14. What was the Genesis Ethscription?

The first Ethscription was actually created in 2016. Making these digital assets historicl and unique.

ethscriptions.com/ethscriptions/0

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault 15. Projects are starting to build through Ethscriptions:

@RockEthscript
@GoblinEthscript
@EthereumApes

Bullish?

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes 16. What’s to come?

Ethscription Standalone Marketplaces may create more interest and volume…

https://twitter.com/jakegallen_/status/1670912823885721603

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes 17. Can Ethscriptions reach the level of Bitcoin Ordinals?

Ordinals went from zero to 10 million in under six months. Can Ethscriptions do the same? We will find out in due time. As always, do your own research. This thread is not financial advice but meant for information.

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes 18. Are you still early?

I personally believe the Ethscription trend has just begun. Am I gambling? Hell yea. But you need to DYOR and never take financial advice from some random mfer on twitter.

https://twitter.com/web3_manny/status/1671145701932244994

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes 19. Thanks: @dumbnamenumbers @0xHirsch (Team)

@EmblemVault

@adamamcbride @jakegallen_ @TheBananaRat
(Writing threads and videos used here)

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes @jakegallen_ @TheBananaRat As I wrote this thread...

Ethereum Punk #3100 Sold for 3.69 ETH

$6,300 USD!!!!

opensea.io/assets/ethereu…

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes @jakegallen_ @TheBananaRat

https://twitter.com/dumbnamenumbers/status/1671174104383193089

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes @jakegallen_ @TheBananaRat

https://twitter.com/EmblemVault/status/1671184585936326656

@dumbnamenumbers @0xHirsch @0x_Beans @adamamcbride @EmblemVault @RockEthscript @GoblinEthscript @EthereumApes @jakegallen_ @TheBananaRat

https://twitter.com/jakegallen_/status/1671189724868800512