The introduction of BRC-20 tokens and Ordinals on the Bitcoin network is sparking a new wave of innovation, expanding development possibilities.

These emerging asset types, including BRC-20 tokens, are generating significant interest, with a combined market cap surpassing $1.4 billion as of early December.

The BRC-20 ecosystem allows for token issuance on Bitcoin, anchored to the blockchain’s security without altering its codebase.

Ordinals protocol, a key driver behind this innovation, enables unique identifiers for satoshis, paving the way for Bitcoin-based NFTs and other tokenised assets.