As you may know I'm active with Ordinals
Ordinal Inscription are text and image files that can get inscribed directly to the Bitcoin blockchain.
This brings new opportunities. I wrote about it earlier here and here
This week I saw on Ordinals Wallet that a simple text inscription was sold for BTC 0.09999995 / $2,749 (find the inscription here
I was intrigued and wanted to find out what it was about, Turns out I was looking to a BRC20 token.
The BRC-20 token standard utilizes Ordinal inscriptions to deploy token contracts, mint tokens and transfer tokens. I still have to find out how this all exactly works and I'll keep you guys posted about this interesting