This Inscription Market combines the powerful security features of Bitcoin with the smart contract capabilities of Ethereum to provide users with a new way to manage and trade digital assets. Through this marketplace, users can imprint Bitcoin into a unique digital asset that can be traded and transferred securely on the Ethereum network.
The launch of this service will greatly promote the application and circulation of digital assets in the real world. Ming Culture’s Bitcoin can be used in various scenarios, such as payment, token exchange, decentralized financial transactions, etc.
This innovation of Bybit Web3 will also further promote the popularization and development of blockchain technology, setting a model for the entire industry.
The integrated inscription market of Bitcoin and EVM launched by Bybit Web3 is a landmark innovation.
It will provide users with a more convenient, secure and flexible digital asset trading and management experience, and will also inject new impetus and vitality into the development of the entire blockchain industry.
Bybit announced the launch of an integrated inscription market that supports the Bitcoin and EVM ecology. Designed to enable users to inscribe and trade inscriptions on multiple chains, bringing more possibilities to the community.
Bybit Web3 has also reached a strategic cooperation with UniSat and plans to integrate it into UniSat to achieve full deployment.
The comprehensive one-stop platform provided by Bybit Web3 will enable users and developers to seamlessly connect with the Inscription ecosystem through Bybit Web3.
Recently, the crypto community has shown significant interest in Ordinals, where data such as images, videos, and text are inscribed on the Bitcoin blockchain.
The Bybit Web3 Inscription Marketplace is at the forefront of this trend, providing users with a seamless experience that allows them to participate in the evolving Web3 world and the broader Inscription ecosystem.
With this groundbreaking integration, Bybit Web3 aims to connect over 1 million Web3 wallet users to the 20 million existing users within the Bybit ecosystem. This collaboration will create a vast network that promotes collaboration and inclusivity within the rapidly expanding Web3 community.
Phase 1: Bybit Web3 launches BRC-20 and EVM engraving
On February 1st, Bybit Web3 launched BRC-20 and EVM inscription, including AVAX, Ethereum (IERC-20), and Polygon , Fantom and Mantle have been integrated into the Inscription Market. At the same time, Bybit Web3 will integrate liquidity from all Inscription markets, transforming Bybit Web3 into Inscription’s largest liquidity provider and ecosystem.
Phase 2: Expand horizons with Bybit Web3
In the second phase, Bybit’s engraving market will further expand its service scope to include ARC-20, BRC-420 and Bitcoin NFTs. Inscription users can get a simple, unified access experience and participate in various inscription markets on the same page.
This means that all Web3 users can conveniently access BTC and EVM inscription assets from one page, gaining extensive and convenient access to multi-chain applications. Bybit Web3 aims to be a one-stop platform for all inscribed assets and opportunities.
Ben Zhou, co-founder and CEO of Bybit, said that the company is committed to improving user experience through the newly launched Bybit Engraving Market, which reflects Bybit’s efforts to simplify the user process, support fair launches, and promote innovation within the industry. Promise of.
Zhou said: "We hope to provide users with a one-stop channel through the Bybit Inscription Market, promote the exploration and experimentation of inscriptions, and support industry development. The simplified process is designed to make the overall user experience simpler and more comfortable .”
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