SATS rose 250% in two days, what happened to the BRC-20 market?
🚀 XWORLD, the game-changing Web3 App Store & top BRC20 token $SATS, are ready to take the next big leap! 🚀
Join the Quest Treasure Hunt NOW and embark on an epic adventure to hunt for the 1.5 billion $SATS !!!!
https://xworld.store/en-US/quest
Recently, the BRC-20 token sats has continued to rise. Coingecko data shows that in the past half month, the price of sats has been hovering around 0.00000002 USDT for a long time. In the past two days, the price has climbed rapidly, reaching a maximum of 0.00000007 USDT, with a maximum increase of nearly 250%. What has happened in the BRC-20 market recently?
Meme coins that Impossible to mint
When it comes to sats, the biggest impression people have on it is its extremely large supply. The total supply of sats is 2,100,000,000,000,000, which is 2,100 trillion, which is 100 million times that of Bitcoin.
Therefore, at the beginning of its launch, many users did not believe that this BRC-20 token would eventually be fully minted. But the enthusiasm of users is powerful, and sats, a meme named after Satoshi Nakamoto, was eventually fully minted.
On September 24, the casting progress of sats reached 100%, with the total number of castings reaching 21,107,258 times and 36,061 holders. The casting started on March 9, 2023 and took a total of 6 months.
Judging from the number of participants, there are enough sats, which to a certain extent represents sufficient "decentralization". Moreover, the token name itself is an "innate advantage", which also gives sats a certain advantage in the competition on the meme track.
Meme coins turned into utility tokens
As the scale of the sats community expands, UniSat, the largest wallet developer in the BRC 20 ecosystem, has also taken a fancy to this "hot potato". The UniSat team is trying to empower sats and increase application scenarios. (note: UniSat Wallet is a Chrome plug-in wallet for the BTC ecosystem, helping users store, mint and transfer BRC-20 tokens, including buying and selling BTC, NFT, domain names, etc.)
The story of Meme coin "empowerment" is not the first time it has happened in the crypto world. Previously, DOGE and SHIB had once triggered heated discussions in the market for "issuing chains". The story this time comes from the fee consumption of swap. In UniSat's latest brc20-swap, sats will be charged as a handling fee, which will cause users to consume a lot of sats.
UniSatWallet stated that brc20-swap will charge a 0.3% service fee to all users participating in the transaction. About 1/6 (0.05%) of this fee is collected by UniSat, and the remaining 5/6 (0.25%) is allocated to each trading pair. All liquidity providers. This fee structure is primarily based on the rate scale currently used by UniSwap. Regarding the use of handling fees, UniSat will donate 2% of its income to L1F (Layer1Foundation). In addition, UniSat will open the fully interpreted and verified source code of brc20-swap to facilitate early support of the indexer.
At present, the brc-20 protocol and even the entire Ordinals ecosystem are still in their early stages, and UniSat occupies a huge market share and influence. Sats is favored by UniSat and provides itself with great positive expectations. OKX data shows that sats generated approximately US$2 million in trading volume in the past 24 hours.
BRC20-swap went online with twists and turns
Previously, due to the "original" user experience and poor liquidity, brc-20 tokens still belonged to the "small circle" niche track, and the lack of infrastructure made it difficult for EVM whales to enter. The opening of UniSat's brc20-swap has opened a channel for more users to enter the Bitcoin ecosystem and trade BRC-20 tokens. The launch of this product has also experienced some setbacks.
On September 27, UniSat Wallet announced the launch of the brc 20-swap testnet, where users can mint BRC-20 tokens, deposit, trade and increase liquidity on its testnet.
On October 10, UniSatWallet announced the release schedule of the brc20-swap mainnet, which is planned to be launched on October 25.
On October 22, UniSat itself encountered technical difficulties. Some users discovered that different markets are using different versions of ord, which index different inscription numbers. Before MagicEden, OKX and UniSat Wallet all used the same ordinal number, there was a risk of double spending when trading BRC-20.
UniSat later issued a response on . We are monitoring the work of contributors and indexers and will promptly notify our users." On the same day, Magic Eden suspended BRC-20 trading.
On October 25, the original scheduled mainnet launch time for brc20-swap has arrived. However, UniSat delayed the launch of the product and postponed its mainnet launch to October 31. At the same time, it stated that during the initial mainnet launch, the team will continue to distribute Prime Access for free; as more users join, the team The performance of the system will be closely monitored and any issues that may arise promptly addressed; after a series of iterations, all features will eventually be made available to all users.
On November 1, Beijing time, the brc 20-swap mainnet was officially launched. However, unlike common "permission-free" DEXs, brc20-swap still requires a certain "permission" before trading can be started.
Among the first batch of online assets, UniSat has included 14 inscription assets in the first batch of support lists for the brc20-swap mainnet, namely: sats, ordi, trac, oshi, btcs, oxbt, texo, cncl, meme, honk, .bit, vmpx, pepe, mxrc. Specifically, asset open trading adopts an "on-demand transaction" model: only when a new user deposits relevant assets into brc20-swap, the withdrawal request can be used.
It seems too early to draw a conclusion on how far the BRC-20 ecology can go. It might as well let the bullets fly for a while and wait for development.
XWORLD — Pioneering Web3 Games & Apps Store.
Earn Profits & Assets From Your App Usage Time
Website | Litepaper | Telegram | Discord | Facebook | X ( Formerly Twitter)
The Future of Digital Advertising: From Centralized Monopoly to User Empowerment with XWORLD
What was once one of the best-hidden secrets of the online world is not so secret anymore. The seemingly "free" internet comes at a cost: losing control over how our personal information is used. While we browse, our behavior and personal data are collected, analyzed, and monetized, turning us into the product without our consent.
Shifting the Paradigm of the Attention Economy
User data and their attention are the most valuable commodities in the digital age. Unfortunately, that sets the stage for an unfair fight, as traditional digital advertising models are often skewed in favor of large corporations. Internet giants like Google and Facebook dominate the digital ad space, generating billions of dollars by monetizing user information. To illustrate, Meta's ad revenue in Q1 2024 was $35.6 billion, while Google raked in $80.5 billion during the same period. This success relies on turning user behavior-searches, social interactions, and location data-into profitable insights for advertisers. However, as legacy platforms compete fiercely for user attention through tactics like infinite scrolling, personalized recommendations, and push notifications, users are often left with no control over how their data is used.
While ordinary users feel helpless in this monopolized environment, the recent Web3 revolution may bring us new possibilities. Let's take a closer look at how Web3 technology could change the digital advertising space.
Web3 and Decentralization: A New Digital Ecosystem
Web3 technology brings an opportunity to create a more equitable digital ecosystem. This new concept of digital advertising allows users to maintain control over their data, enabling them to choose how their information is used and to profit from their engagement.
Key features of this new, Web3-powered advertising model include:
Data Ownership: Users retain full ownership of their data and can choose to use it as they see fit.
Tokenized Incentives: Users are rewarded for their attention and participation, turning digital interactions into real-world value.
Fair Revenue Distribution: Both developers and users receive a fair share of ad revenue.
Several emerging platforms are utilizing Web3 concepts to move away from the centralized monopoly and give control back to the users. For instance, an application called XWORLD is attempting to put these ideas into practice. XWORLD is an advertising distribution platform built on Web3 principles, primarily focused on distributing games and apps. It provides game and app recommendations and, more importantly, seeks to distribute a portion of the advertising revenue directly to users. If this model succeeds, it could signal a radical shift in the entire industry. With nearly 5.5 million total users and over 600K daily users, XWORLD is among the leaders of this digital revolution revolution.
The core innovation behind XWORLD lies in the new value distribution. Rather than centralizing ad revenue, XWORLD rewards users for their participation and attention. This system redistributes a portion of the advertising revenue generated from game/app promotions to users, empowering them to monetize their digital interactions. The platform is built on the belief that users should be compensated for the value they bring to the digital space, thus creating a more balanced ad ecosystem. Almost $3 million of shared ad revenue through the XWORLD platform so far certainly proves that this concept can succeed.
However, bringing the new decentralized version of the Internet to people is not without challenges:
User Education: As many users are new to these concepts, it's essential to provide them with educational resources to ensure they understand how to take advantage of these platforms.
Technological Maturity: With blockchain technology still developing, Web3-based platforms need to be built to scale with the growing demand for decentralized applications.
Regulatory Landscape: Governments are yet to adapt to Web3 technologies, so there's work to be done to create legal frameworks that will foster a sustainable, decentralized advertising ecosystem.
A Transparent and Fair Future
By decentralizing value distribution and fairly rewarding all the participants, a dynamic Web3-based ecosystem will bring a new standard for fairness, transparency, and efficiency to the attention economy. Users no longer have to accept being exploited for their attention. Instead, they can actively participate and benefit from the value they bring to the table.
Website | Twitter | Facebook | Telegram | Discord
Unlock AD 3.0 – Profit from your influence, time, and online activities!
XWORLD: Ushering in a New Era of Digital Interaction with Web3 Innovations
In the ever-evolving digital landscape, the emergence of Web3 has opened up a plethora of opportunities for developers and users alike.
At the forefront of this revolution is XWORLD, a new-gen games and apps monetization platform that is redefining the way we interact with digital content. By integrating the innovative play-to-earn model, XWORLD is not only transforming the gaming industry but also setting new standards for app monetization.
XWORLD is a testament to the power of innovation in the Web3 ecosystem. It leverages blockchain technology to create a decentralized platform where developers can monetize their games and apps, and users can earn rewards for their engagement. This unique approach is a game-changer in the industry, offering a win-win solution for both developers and users.
The play-to-earn model is at the heart of XWORLD’s innovation. Unlike traditional gaming platforms where users spend money to access content, XWORLD allows users to earn rewards by playing games. This model not only enhances user engagement but also provides a sustainable revenue stream for developers. It’s a paradigm shift from the conventional ‘pay-to-play’ model to a more inclusive and rewarding ‘play-to-earn’ model.
XWORLD: A Catalyst for Change in the Web3 Ecosystem
XWORLD’s innovative approach is not limited to games. The platform extends its play-to-earn model to apps, offering a new avenue for app developers to monetize their content. By incentivizing user engagement, XWORLD is driving a shift in the app industry, moving away from intrusive ads and in-app purchases towards a more user-centric monetization model.
The impact of XWORLD’s innovation extends beyond the gaming and app industry. It’s a catalyst for change in the Web3 ecosystem, demonstrating the potential of blockchain technology to create decentralized platforms that empower users and developers. By harnessing the power of Web3, XWORLD is paving the way for a new era of digital interaction where everyone can benefit.
NFTs and Digital Ownership
One of the key features of XWORLD is the integration of non-fungible tokens (NFTs) into its ecosystem. NFTs are unique digital assets that can represent ownership of in-game items, virtual land, or even digital art. In XWORLD, NFTs enable players to truly own and control their virtual possessions, giving them the freedom to buy, sell, and trade assets within the platform.
The introduction of NFTs revolutionizes the concept of ownership in the gaming world. Previously, players would invest time and effort into acquiring virtual items, only to have them locked within the game’s ecosystem. With XWORLD’s NFT integration, players can now enjoy true ownership of their digital assets, with the ability to transfer, sell, or showcase them outside of the platform.
The Future of Games & Apps Monetization with XWORLD
As we look towards the future, the role of platforms like XWORLD in the Web3 ecosystem cannot be overstated. The play-to-earn model is not just a trend, but a fundamental shift in the way we perceive value in digital content. It’s a model that recognizes the importance of user engagement and rewards it accordingly.
XWORLD is leading this revolution, setting a new standard for games and apps monetization. Its innovative approach is a beacon of what’s possible in the Web3 ecosystem, offering a glimpse into a future where users are not just consumers, but active participants in the digital economy.
Join the XWORLD Movement
Are you ready to embark on a journey that transcends the boundaries of traditional gaming? Join the XWORLD movement and become part of a global community that is shaping the future of play, innovation, and financial empowerment. Visit www.xworld.pro to dive into the world of XWORLD and discover the limitless possibilities of Web3.
XWORLD offers a user-friendly interface that makes it easy for anyone to get started. Whether you’re a seasoned gamer or new to the world of gaming, XWORLD provides a seamless onboarding experience. The platform offers a wide range of games and applications, catering to various interests and preferences. From action-packed adventures to strategic simulations, XWORLD has something for everyone.
In conclusion, XWORLD is not just a new-gen games and apps monetization platform. It’s a pioneer in the Web3 ecosystem, driving innovation with its play-to-earn model. As we navigate the digital landscape, platforms like XWORLD will play a crucial role in shaping the future of games and apps monetization. It’s a future where everyone can play, earn, and thrive.
Stay Connected
As we navigate this digital revolution, let’s not just be onlookers but active participants. Let’s not just play games but own our gaming experiences. Let’s not just use apps but reap rewards from them. In the world of XWORLD, every interaction is an opportunity to earn, to own, and to innovate.
To stay in the loop with all the latest developments and to join the XWORLD revolution, follow XWORLD on Twitter at https://twitter.com/xworld_pro. Be a part of the change as we usher in a new age of internet usage, gaming, and app monetization. Welcome to XWORLD, where every digital interaction has the potential to transform your life.
XWORLD
New-Gen Games & Apps Monetization Platform
Website | Twitter | Instagram | Facebook |Litepaper