Bybit Web3 Revolutionizes Crypto with Inscription Marketplace Integration

02.06.2024
Bybit Web3 Revolutionizes Crypto with Inscription Marketplace Integration

Bybit Web3, the globally renowned cryptocurrency exchange, has made a significant leap forward by introducing an integrated inscription marketplace supporting both Bitcoin (BTC) and Ethereum Virtual Machine (EVM) ecosystems. This groundbreaking move positions Bybit Web3 as a leading platform, empowering users to mint and trade inscriptions across multiple chains, thus unlocking unprecedented possibilities for the global Web3 community.

In a strategic partnership, Bybit Web3 has joined forces with UniSat, paving the way for seamless integration into its ecosystem. This collaboration establishes a comprehensive one-stop platform, offering users and developers effortless access to the inscription ecosystem through Bybit Web3.

And amid the burgeoning interest in ordinal inscriptions within the crypto community, where data, including images, videos, and text, is directly engraved onto the Bitcoin blockchain, Bybit Web3’s Inscription Marketplace emerges as a frontrunner, facilitating a seamless experience for users navigating the evolving Web3 landscape and the broader inscription ecosystem.

Bybit Web3 Connecting Wallet Users Globally

Bybit Web3 aims to connect over 1 million Web3 wallet users to the existing 20 million users within the Bybit ecosystem by integrating BRC and EVM inscriptions. This ambitious partnership is designed to create an extensive network, fostering collaboration and inclusivity within the rapidly expanding Web3 community.

Phase 1: Bybit Web3 Adds BRC and EVM Inscriptions

On February 1st, Bybit Web3 welcomed BRC-20 and EVM inscriptions, including AVAX, Ethereum (IERC-20), Polygon, Fantom, and Mantle, into its Inscription Marketplace. Simultaneously, the platform consolidated liquidity from all inscription marketplaces across primary and secondary markets, positioning Bybit Web3 as the largest liquidity provider and ecosystem for the inscription economy.

Phase 2: Expanding Horizons through Bybit Web3

In the upcoming Phase 2, Bybit’s Inscription Marketplace is poised to expand further, incorporating ARC-20, BRC-420 Ordinals, Bitcoin NFTs, and more. Enthusiasts of inscriptions can effortlessly access and participate in various inscription marketplaces through a unified experience on a single page. This move signifies that all Web3 users can expect to conveniently access both BTC and EVM inscription assets from a single page, establishing Bybit Web3 as the ultimate destination for inscription assets and opportunities.

Ben Zhou, Co-founder & CEO of Bybit, conveyed the company’s commitment to enhancing user experience through the newly launched Bybit Inscription Marketplace. Zhou emphasized the goal of providing users with a one-stop gateway, simplifying the exploration and experimentation with inscription tokens. This commitment reflects Bybit’s dedication to streamlining the user journey, embracing a fair launch and equal access, and fostering innovation within the industry.

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