The essence of inscription is SFT:

Thank you for sharing, this concept is quite interesting, and it's well written, with a clear and concise feeling, I've learned a lot!

Many concepts are not innovative, but have been around for a long time, such as NFT and FT, as history continues to progress.

Including #BTC itself, it started with cryptography in 1995, and the development of the internet and game theory in 2000. It was under the influence of a series of concepts that Satoshi Nakamoto, standing on the shoulders of giants, created this great product!

Excerpt from the article: SFT combines the dual advantages of FT and NFT, allowing it to directly use the existing infrastructure of FT and NFT.

So we will find that the inscription token can be traded in NFT trading markets like OpenSea, just like NFTs, and can also be traded on centralized exchanges like Binance and OKX, and even on DEX exchanges like Uniswap.

In the initial stage, when traded as an NFT, it has the characteristic of low liquidity, making it easier to cause price increases (pump), and after being listed on centralized exchanges, there is a large amount of liquidity to support it, taking full advantage of the benefits.

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