Popular cryptocurrency exchange Bybit has launched an inscription marketplace that supports the BRC-20 (Bitcoin) and Ethereum Virtual Machine (EVM) ecosystems.
The BybitWeb3 Inscription Marketplace consolidates the liquidity of all existing inscription marketplaces, making it the largest liquidity provider in inscriptions.
Bybit Web3 will also integrate UniSat, an open-source browser extension wallet for Bitcoin NFTs.
The marketplace also allows users to create their own inscriptions, enabling direct access to the hottest new segment of the blockchain industry, and making Bybit Web3 a one-stop shop for all inscription activities.
???? #Bybit Inscription Marketplace is now LIVE!
????Trade #BRC20 assets, enjoy exclusive early access and experience fair launches.
???? Dive into decentralized trading today!
????Marketplace: https://t.co/WogHYBvQMQ#BybitWeb3 #RegistrationMarketplace #BRC20 pic.twitter.com/0Pt4LzAEPv
— Bybit (@Bybit_Official) February 5, 2024
What is Bybit Web3’s Inscription Marketplace?
Inscriptions allow data – such as images, videos and text – to be etched directly onto a blockchain.
Bybit Web3 started supporting BRC-20 and EVM inscriptions on February 1, integrating chains such as AVAX, Polygon, Mantle and more. Future plans include incorporating additional standards such as ARC-20, BRC-420 and Bitcoin NFTs, with all inscription standards sharing an easy-to-use marketplace.
Bybit has been on a roll in recent weeks with the launch of their NFT Pro trading platform, becoming the Official NFT Marketplace Partner for Robbie Williams’ upcoming 25th anniversary virtual concert, and this inscription marketplace that aims to once again Connecting 1 million web3 wallets to Bybit’s community of 20 million users.
Speaking about the Bybit Inscription Marketplace, Ben Zhou, co-founder and CEO of Bybit, noted that they are building a “one-stop gateway” that will “make the overall user experience easier and more enjoyable,” in a reflection of Bybit’s commitment to “ simplifying the user journey, embracing fair launch and equal access and driving innovation within the industry.”