Popular cryptocurrency exchange Bybit have launched an inscription marketplace that supports the BRC-20 (Bitcoin) and Ethereum Virtual Machine (EVM) ecosystems.
The Bybit Web3 Inscription Marketplace consolidates liquidity across all existing inscription marketplaces, making it the largest liquidity provider in the inscription space.
Bybit Web3 will also integrate UniSat, an open-source browser extension wallet for Bitcoin NFTs.
Through the marketplace, users can also mint their own inscriptions, allowing 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 decentralised trading today!
👉Marketplace: https://t.co/WogHYBvQMQ#BybitWeb3 #InscriptionMarketplace #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 1st, 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 a user-friendly marketplace.
Bybit have 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 which aims to connect an additional 1 million web3 wallets to Bybit’s community of 20 million users.
Speaking of the Bybit Inscription Marketplace, Ben Zhou, Co-founder & CEO of Bybit, noted that they’re building a “one-stop gateway” that will “make the overall user experience more straightforward and enjoyable”, in a reflection of Bybit’s commitment to “simplifying the user journey, embracing a fair launch and equal access as well as fostering innovation within the industry.”
