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How to deploy Token for posting and play TwitScription, the social media inscription, on AICoin?

CN
深潮TechFlow
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2 years ago
AI summarizes in 5 seconds.

Hot tracks are not lacking in innovation, and innovation also needs attention.

Authors: meteor, ChainCatcher

The popularity of inscriptions continues to rise, and a rather interesting project has emerged recently in the social inscription category, twitscription, a platform where everyone can deploy inscriptions. The interesting point of this project is the free mint token XRC20, where users only need to connect their wallet on Twitter to publish a tweet in order to deploy and mint their own XRC20 token.

XRC20 mint tutorial

Currently, many users have deployed a large number of inscriptions, such as "X", "musk", "SOL", etc., and there are also many users participating in minting, which is a relatively simple process.

Users need to follow their official account, enter the official app, click Deploy, and the official tweet content will automatically appear. The JAVA code format will appear as follows to deploy XRC20. After ticking, fill in the inscription name you want to mint, "max" represents the maximum supply, and "lim" represents the quantity of inscriptions you want to mint.

{ "p": "#XRC20",

"op": "deploy",

"tick": "",

"max": "21000000",

"lim": "1000"

}

After that, you can mint your new token by publishing a "mint" tweet.

Subsequently, all token holders only need to publish a "transfer" tweet in Java format on Twitter to transfer their tokens. The official social media of the project has also proposed a type of idea to bridge to the Base chain.

Some thoughts on twitscription

Inscriptions on various chains are emerging one after another, but they are all based on traditional inscription methods. Twitscription may bring new gameplay to the inscription track, similar to the social protocol friend.tech that appeared earlier, which also combines Twitter and wallets.

Advantages of twitscription

Compared to various inscriptions that have appeared before, the gameplay of twitscription is extremely user-friendly. With Java format, posting can mint inscriptions, and you can deploy your own inscriptions. Unlike minting other inscriptions, it does not require a lot of time and effort. Another highlight of twitscription is Free mint, which does not require setting up a wallet and adding funds in advance. Compared to other inscription projects, twitscription effectively avoids the situation where developers monopolize a large number of inscriptions.

Disadvantages of twitscription

At the same time, compared to other on-chain inscriptions, twitscription is more dependent on Twitter, so it is not as decentralized, and your token is easily influenced by Twitter (Musk). Although the project has proposed the idea of bridging to the Base chain, it has not been implemented yet. Although the twitscription app has the function of connecting to the wallet, it seems that it does not need to be on-chain, and transfers only require tweets. In the future, if it is integrated into Base, it needs Base inscription index support for twitscription, and the indexer must pay attention to both Twitter and Base in order to mint and deploy tokens.

According to its official social media, there are already over 100,000 inscriptions created in twitscription. In addition, after posting, you cannot view the process of minting inscriptions, and the minting speed is not very fast. The author posted a minting tweet 1 hour ago, but has not yet seen their own XRC20.

Conclusion

Currently, twitscription is not perfect and may not go very far, but this idea has brought innovation to the inscription track, such as a simple UI interface and operation, the civilianization of deploying tokens, and Free mint. The project's app shows that an XRC20 market is about to be launched, where transfers and transactions can be made. In the future, if the project can be integrated into a certain chain or application, such as Base, and given market value and liquidity, some of the tokens may become practical tokens on Twitter, such as being used as tips to reward tweet authors, etc.

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