jakiro
Source: TON Foundation
1. From BTC to multi -chain inscription revolution
1.1 BTC inscription explosion driving force analysis
1) Fund foundation: Thanks to the improvement of macro -capital liquidity+spot ETF through+2024BTC, the market searches for the BTC ecological inscription as a detonation point.The project comes to the market in the market.
2) Consensus foundation: BTC consensus is the most powerful consensus in the encryption field, which has little to do with the technology itself, but more depends on the historical chronicle of cryptocurrencies.The development of products on the basis of existing strong consensus is much simpler than making new narratives in product development or creating new consensus.
3) Growth expectations: The financial market see expectations, low valuation and unpolished ecology means huge growth space.If hundreds of billions of dollars are used for the ecology of the Taifang ecology to target the BTC ecology, the expectations for the growth of BTC ecology are still extremely considerable.BTC is on the development path of Ethereum ecology, and speculation has played a role in promoting, but it does bring funds and attention to the Bitcoin ecosystem.This round of boom also attracted a large number of builders to participate, laying a preliminary foundation for the development of the BTC track.
4) Baihua is gorgeous: Although Bitcoin’s inscription protocol is mainly Ordinal, there are also many competitors, including Atomical, Rune, SRC20, BRC420, TAPROT Asset, etc., each of which has its own advantages, application scenarios, and fans.For those.
5) Head advantages: funds and liquidity are mainly concentrated in the head inscription protocol of Ordinals, and other protocols usually have only the first project or a small amount of projects to have a certain market value and liquidity.This is still a big gap with the situation in the previous bull market.
1.2 Reasons for the continuation of multi -chain inscription heat
1) Spilling effect: The transaction cost on the BTC chain is the existence of the mining fee, which has become the entry threshold for many players.The player seeks other chains to participate in the inscription project, and therefore brings the prosperity of other inscription projects on other chains.
2) Low development deployment costs: The development cost and technical requirements of the inscription agreement are not high compared to infrastructure and even most of the DEFI projects, which has reduced the project party’s participation threshold to a certain extent.If OP STACK has achieved a one -click hair chain, and the inscription uses the agreement standards for many times also achieved one -click deployment.Therefore, for the inscription project, the most important thing is the utility empowerment and development plan of the inscription project itself, so it also needs to emphasize operations and markets.
3) Inscription Lottery Properties: Users are similar to buying lottery tickets. The inscription protocol is a large number of targets every day. Therefore, liquidity is scarce for inscriptions.Take some small funds to buy lottery tickets, which makes players’ behavior continuity.After diving a lot of inscription communities, I found that the consensus of most players is- “hit 30U defense, 50U minimum security”.This mentality represents that individual players do not want to miss any potential opportunities for getting rich.
4) Fair Lanuch new narrative: Each asset has a Meme attribute.If Meme is the sum of the project mechanism, narrative, market value, background, and development history, then the most popular way in the secondary market is Fair Launch.From POW to ICO to Fair Launch, retail investors’ pursuit of the coinning right distribution system for participation opportunities has never changed.Compared to Public Sales, the inscription is the extreme at this point. Users only need to pay a small amount of network GAS to coin.
2. List Ton inscription ecology
As an important encryption chain, TON has also kept up in this inscription boom.From December to January, there were several inscription projects on TON, some were inscription agreements, and some were inscription infrastructure. Some of them had achieved very good results. They were all building Ton’s inscription ecology and worked hardEcological expansion in the front -end of the applet, asset transactions, DEFI, protocol integration, and mini -game applications.
2.1 Tonano
Tonano is the first inscription protocol deployed by TON blockchain: TON20.The first TON20 inscription NANO’s casting process (early December 2023) had a wide range of influence on the TON ecosystem. The number of users participating in and triggered network transactions, which formed a de facto infrastructure on the TON network.Stress test.
Tonano launched its TON20 inscription agreement on December 5, 2023. Although there was no pre -marketing activity, the casting activity of $ Nano (the first inscription) still brought huge traffic and transaction load to the TON blockchain.As a result, a short -term delay and network congestion caused the treatment of network transactions, and Tonano suspended the casting activity.After the recovery of the network, Tonano re -launched the inscription casting on December 11, 2023, and completed the $ NANO casting activity in one day.$ Nano brought more than 20 million interactions and 37,000 independent casting addresses to the TON ecosystem.
After the casting of $ NANO was successful, the other Ton20 inscriptions were also actively deployed.Bolt20 completed the casting on December 16, with more than 31,000 coinkers.Dedust.io also attracted more than 20,000 coinkers.
FIRST IS First, Tonano’s appearance is the dual establishment of Ton user mind and inscription brands.Throughout the BTC inscription ecology, the sequence has a strong impact on the value of assets and agreement.For example, ORDI, as the huge influence and community consensus generated by the first BRC20 toke, is also the huge help of the project to become “Dragon One”.
In addition to the Ton20 inscription agreement (deployment, casting, query, transfer), Tonano is also updating the product ecosystem and launched the Ton20 inscription index query.Tonano’s Marketplace has a transaction volume of more than one million US dollars, which provides necessary liquidity for Ton20.Cross -agreement asset bridges can realize the interchange between the assets between the TON20 and other inscription protocols and the Jetton token, making the broader inscription ecosystem possible.
Tonano will launch MINIAPP in 2024Q1 to further supplement its shortcomings of its user’s ease of use, consolidate the ecological status, and promote the inscriptions more easy and more.In the future, TONANO will continue to focus on technological innovation, invest in Ton ecological construction, use Ton blockchain high concurrency, low cost technical characteristics and combine the 800 million user platform resources of Telegram to promote the scale application of TON networks.
2.2 Gram20
The GRAM20 protocol is the second inscription protocol on TON. Unlike TON20, the protocol has stronger ease of use and more functions.The Gram20 is the first inscription agreement to implement the inscriptions using the TELEGRAM mini -programs to perform inscriptions, and it has launched the trading market to provide users with transaction services.The GRAM20 protocol supports restrictions on the time interval of user casting inscriptions, supports punishment for advance coin, and supports setting time.This has improved compared to the basic inscription protocol.
The Gram20 team carried out a good publicity before casting, and opened the cast on December 22, 2023, and talked to the Okx Ventures and Ton Devrel managers with the help of the ODAILY platform.For the sustainable development of the agreement, the Gram20 was forced to charge a certain fee for the inscription casting of its own platform, which reduced the enthusiasm of the community members. It took 7 days, and the inscription finally completed the cast on December 29.The toll design of the inscription product design brings anti -baying. It is not that the mechanism is not good, but does not match the mainstream narrative of Freemint emphasized in the current inscription market.
Although GRAM’s casting has collected the casting Protocol Fee, the platform promises that the funds will be used to meet future economic incentives, maintain the sustainability of GRAM projects, including 50%of funds to repurchase GRAM token, and 50%of funds.For infrastructure construction, ecological incubation investment, liquidity management, team building and marketing.The subsequent Gram20 opened the OTC market with the help of the Umbrella platform, and promoted it with multiple institutions and KOLs to attract users’ attention and conduct GRAM inscriptions on Umbrella.
Gram20’s team has strong professionalism, and many resource support behind it, including market publicity and exchanges, exchanges, VC and KOL.Promote the exchanges Lising and cooperate with Umbrella to carry out the OTC market first, with agreement asset reserves, leaving room for subsequent operations.
In the product, the TG applet is used as the starting point, and the direct competition with TON-20 was staggered to a certain extent in the early stage. It is also a method of implementing products that are easy to use and in line with TG for small program planning.Adding punishment is a good way to increase platform user participation, which avoids the plundering and stealing of scientists’ groups; and the use of TON smart contracts to pay for user fees, realizing the POS chain ICO in the innovative sense, that is, INScriptionsCoin Offering; but unlike ICOs in the traditional sense, the tokens redeem ratio obtained by the end users can be determined by the project party.
Gram20 has launched a $ 200,000 Ecosystem Grant Program in terms of ecological development. It helps GRAM20 through wallet collection, browser and indexes to create a more powerful ecosystem; Bridge developed by the inscriptions uses the inscription ecosystem to build a DEFI; PSMinimal game, using the game to bring rich utility for Gram20.
2.3 Tonot
TONOT combines the concept of the inscription with the social attributes of Telegram to create a fair inscription for each community user.By binding and activating the Telegram account, TONOT is used to ensure the authenticity of casting inscription users.Each activated Telegram account binding address can be cast 500 TONOT inscriptions, and each new invitation can be cast 50 inscriptions with an upper limit of 2,000.
TONOT was released on January 5, 2024. The inscription agreement was launched. The user’s involvement was unexpectedly involved in the project team, which caused a problem with its front -end page.After the repair, TONOT was re -issued on January 11 and completed all the casting within nearly 24 hours.$ TOT itself also brought a lot of interaction to the TON ecosystem. The 61751 independent casting address broke the record that NANO maintained before, which is a rare participation popularity on any blockchain project.
And this is achieved through its unique invitation mechanism and casting mechanism. TONOT’s invitation mechanism requires users to be associated with the Telegram account. TONOT’s casting mechanism can only be implemented through the Telegram mini program, and limits the total number of users cast within a certain period of time within a certain period of time.EssenceScientists are also difficult to cheat by using script. TONOT effectively protects the interests of community users and provides a truly fair and transparent experience — a real fairmint.TONOT does not charge the agreement, allowing all users to engrav the TOT inscriptions for free, which greatly improves the enthusiasm of users’ participation.
So what practical applications can TONOT achieve?According to the official product planning, TONOT must be realized:
1. Pure and mining: Users can pledge the Tonot inscriptions, and other projects (similar to Binance Launchpool) from Ton Ecosystems to minimize tokens, provide additional profit opportunities and obtain continuous growth bonus of TON ecosystems.
2. Decentralization identity (DID): Users can use TONOT inscriptions to generate exclusive decentralized identity attributes (DID).DID can be used for applications such as authentication, digital signatures, and encrypted emoticons, making TONOT the social currency of Telegram.
3. In -game tokens: With the development of the Telegram App, TON games will become Ton’s core business.TONOT plans to cooperate with more than 50 games in 2024 to enrich TONOT’s application scenarios.In the future gamefi cooperation, TONOT will be used as a consumer token, allowing users to purchase and upgrade virtual items in the Ton ecological gamefi, and encourage users to play for free.
TONOT is the first social inscription on the Ton blockchain. It has more than 60,000 holders. The integration of Tonot and Telegram ensures the fairness of the inscription.sex.TONOT’s product planning hopes to expand the inscription application scenario through inscription pledge, currency and paid Telegram groups in the game, and help Ton’s network ecology.
2.4 FAIRRTON
FAIRRTON is a fair -priority, community native and full life cycle project launch platform.FAIRTON is not limited to the BRC20 inscription protocol, focusing on the “localization” innovation of the TON blockchain, abandoning the Achilles heel under the chain index, and realizing the primitive operation of the inscription at the smart contract.
Fair priority
The popularity of the BTC inscription extends the wave of fair launch to the entire cryptocurrency ecosystem.Most inscription project parties are copying the Bitcoin inscriptions under the chain index solution.The technical solution of the inscription is a compromise under the limitations of Bitcoin script capacity, not its essence.Fair token casting that everyone can participate in is the spirit of the initial Bitcoin.The indexing plan under the chain not only brings liquidity to the public chain ecology, but also brings hidden dangers of asset security, and people have witnessed multiple security accidents during the development of the Bitcoin inscription.
Community native
Community is the key to the early start of the web3 project and the basis for sustainable development.As the world’s most popular social software platform, Telegram has 800 million -month -old users, far exceeding the existing cryptocurrency industry participants.With Telegram’s native Ton support and extensive social network, FAIRTON aims to simplify the threshold for more people and projects to enter the web3 field.
Full life cycle
FAIRTON not only is committed to innovative project launch methods, but also provides a series of token management solutions, including high-customized Vesting tools, Anti-Rug mechanisms that protect participants’ funding security, and provide liquidity tools for projects.
Jettonx
For the first time, FAIRTON launched Jettonx (Jetton Extension) in Ton ecology, which is completely compatible with existing Jetton token specifications.Jetton (Russian Token) is an ERC-20s token model on TON, which supports the creation of USDT equivalent to the token currency. This is also the most widely used token standard currently adopted by TON ecosystem.FAIRRTON can be customized to achieve fair casting, lottery casting, workload proof of workload, social split -turning airdrop, and traceability airdrop.The tokens after the project launching through FAIRTON can seamlessly receive the liquidity and chain infrastructure of the entire TON ecosystem.
2.5 Townsquare
Townsquare is committed to promoting the Mass Adpotion of the Ton blockchain, and effectively linked the extensive user base of Telegram 800 million with the world’s inherent privacy, transparency, openness and sovereignty in the world.The project focuses on developing necessary infrastructure and key applications in the TON ecosystem.Townsquare plans to launch the first decentralized open source inscription index.In addition, the team is also actively committed to the exploration and development of agreements and application tools to achieve fair and safe asset insurance.
The data of the inscription is on L1, but the calculation process and data results are on the index, and the index is essentially a chain server, which is no different from the web2 website server.The inscriptions of the inscriptions and transfer records are all in a website server. Once the index service has problems, the assets based on this index service will have problems, which will even cause the entire agreement ecological collapse.Before, a BUG had appeared in an index of an agreement, and the issuance of the data was added out of thin air. The data between the two indexes could not be aligned, resulting in the problem of stagnation of the entire agreement, which brought huge losses to the community.Therefore, for the Ton public chain, the decentralization of the inscription index must be achieved.
The decentralized index is similar to the node of the public chain. The code is unified. Anyone downloaded and run data is consistent.There will be no issues of indexes to combine fraud.High data security.You only need to uniformly upgrade the decentralized index code to quickly achieve the upgrade of the protocol, which will greatly improve the flexibility of the agreement.
Open source infrastructure
With reference to the development of the BTC ecology, the infrastructure of the inscription includes index Indexer, wallet support, Marketplace, casting tools and data analysis.After nearly a year of development, the BTC ecosystem has shown all hundreds of flowers, and TON is currently in the ascendant. It is gratifying that Tonano, Gram20, and TONOT, which are launched in pure communities, have received good feedback from the initial stage.
However, if the inscription ecology wants to develop for a long time, the construction of infrastructure is essential. Different inscription standards bring the fragmentation and closedness of the index. Fair participation itself is part of the inscription narrative.Services reduce the threshold for the participation of potential inscription projectists.Ton ecological developers do not need to develop a set of indexes on their own. They only need to run an open source decentralized index program, which can be easily used.There is also an incentive mechanism for the decentralized index of Unisat and IERC-20 planning, which makes more people willing to build indexes and further enhance the degree of decentralization.
Automation service
The inscription itself is a kind of POW (Proof of Work). In the release of Tonano or GRAM, I have observed a lot of scientists. The programmer is relatively asymmetric advantage of ordinary retail investors. Townsquare will also launch an automation that can automate automationization.The BOT of the inscription makes the inscription cast more fair.
I am looking forward to Townsquare’s agreement standards for Ton’s inscription ecology, standardize the inscription protocols on TON and provide users with a more fair way to participate in ecology.
3. Summary
The current inscription projects of each chain generally have some shortcomings:
1. Complete Free Mint leads to lack of sustainability in most projects.A small number of inscription project parties with sufficient funds will go to the secondary market to repurchase chips. They will bear the market expenses and pull on the plate. It is already a huge investment in itself.Most of the first -pioneers also fell into an unsustainable dilemma after no token inspiration and sustainable fundraising capabilities.Therefore, as an inscription project, we should weigh the relationship between fairness and the sustainable development of the project.
2. Insufficient technology and gameplay technology and gameplay in the cottage inscription.Most of the inscription imitation disk projects have hardly set the data format and gameplay of the BRC20, instead of considering the difference between the Bitcoin network and other general smart contract networks.In the uniform inscription protocol, you want to stand out to innovate from the need to stand in technology, token economic models and even narrative.
3. The inscription market is severely fragmented.The implementation of most inscription protocols adopts a chain indexing scheme, resulting in the separation of the state of the chain on the chain; excessive dependence on centralized services limits the circulation and exchange of inscription assets;Combined and interoperability.
Fortunately, for the inscription project of Ton Ecology on the above problems, his own solution is given in different aspects:
1. Make full use of Telegram’s social infrastructure, innovative social inscription gameplay
Telegram applets can quickly respond to a large number of access requests and provide a built -in official wallet @Wallet or TON online wallet Tonspace for seamless chain transactions; the Telegram account has the characteristics of natural anti -witch attacks, which is to prevent scientists from “grabbing”Run”, “brush number” and effective ways to occupy network resources.The use of Telegram’s applets to provide Web3 users with a better product experience and realize the transformation of Web2 users is a way to better realize Mass-Adoption.Gram-20, TONOT, FAIRTON and other protocols combine the advantages of Telegram and TON network. The small program products built are innovative inscription protocols, and they have also succeeded to a certain extent.For example, the official and founder of Near, Illia, the NEAT inscription project that is publicly supported and shouted, and its final casting volume is 2,4600 addresses, and a pure community inscription project such as TONOT still has no official endorsement.The casting volume of 61,751 addresses was reached.In the era when users and traffic are kings, Ton users with Telegram as the carrier are high and the cost of acquisition is low. It is the unique existence of the blockchain today.
2. The Institute of Intelligent Contracting Function is added to bring programming to the inscription
At the technical sharing meeting of TON Network, I emphasized the flexibility of the Ton smart contract. Through smart contracts, the agreement can directly add an agreement to the contract as Gram-20 to achieve the sustainable development of the agreement. At the same time, the agreement can also help help.User payment GAS Fee truly realizes Free Mint.FAIRTON launched the Jettonx tokens framework, which is completely compatible with the ERC20 standard Jetton on the Ton blockchain, providing a customized solution for various innovative project launch mechanisms.Under the premise of using the TON network intelligent contract, the flexible and diverse payment methods and startup methods can be fully realized, full of imagination space.
3. TON Blockchain Inscription Ecology is in the ascendant
Similar to the BTC inscription protocol, many inscription protocols have emerged on TON, including Tonano, GRAM-20, TONOT and FAIRTON, etc., focusing on inscriptions, TG mini programs, social attributes, and intelligent inscriptions on the chain.The BTC has begun to rise based on inscriptions, borrowing, and stabilizing currency projects. At present, Ton’s inscription ecology has begun to start, and each family is also exploring the inscription ecology, bringing more effects to its own inscription products.
The above is the public version of the public chain inscription ecosystem. I said on behalf of the Ton Foundation official that I did not have investment advice.
Reference:
https://twitter.com/thecryptoskanda/status/1725276441812832617
https://twitter.com/cheng_shutong/status/17264279062373993333
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