Home NFT OKX is ‘Going All In’ with New Inscription Token Standards
NFT

OKX is ‘Going All In’ with New Inscription Token Standards


Inscriptions have gained popularity, especially among Asian users, driving increased activity on OKX. Consequently, the platform now supports storage, viewing, buying, and selling of these early inscriptions in their Web3 self-custodial wallet.

Despite criticism, the demand for inscriptions is rising. OKX has expanded its user base from hundreds to over 100,000 users. The tool supports inscription minting on 23 networks, demonstrating the ecosystem’s commitment to digital asset management.

The rollout timing matches the rising traction of these protocols, reflecting OKX’s commitment to innovation and user empowerment in the Web3 space.

Early indications of inscription activity on other UTXO chains further showcases the platform’s strategic approach to meeting the crypto community’s needs.





Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NFT

Racer 1′ Goes Mobile This Month

‘MixMob: Racer 1‘—a Solana-powered web3 game—will launch on May 14, having been...

NFT

Wojak Finance Unveils Social Media Monetization with GenX NFTs

What is Wojak Finance? Wojak Finance has developed a community-driven ecosystem, with...

NFT

Man City NFT Cards Dish Out ‘Money Can’t Buy’ Prizes Today

Netting Success via Man City NFTs Quidd’s leaderboard ranks collectors based on...

NFT

3D ‘Moonbirds Universe’ Unveiled After Yuga Labs’ PROOF Buyout

Following its acquisition of PROOF Collective in February, Yuga Labs is developing the ‘Moonbirds...