MicroVisionChain (MVC), a Bitcoin side-chain, announces the upcoming launch of a BRC-20 decentralised exchange (DEX) in Q1 2024.

MVC COO Jason Kwok highlights the development of a "1:1 mapping relationship" with Bitcoin, allowing parallel asset versions on MVC and reducing transaction fees.

The MVC sidechain, a collaborative effort without specific founders, aims to ease the learning curve for users with its similar architecture to Bitcoin.

The popularity of BRC-20 tokens has soared, with the market cap exceeding $1.5 billion, led by memecoin Ordinals (ORDI).