Bybit announced the launch of an integrated inscription market that supports the Bitcoin and EVM ecology, aiming to enable users to inscribe and trade inscriptions on multiple chains, bringing more possibilities to the community.
Bybit Web3 has also reached a strategic cooperation with UniSat and plans to integrate it into UniSat to achieve full deployment. The comprehensive one-stop platform provided by Bybit Web3 will enable users and developers to seamlessly connect with the Inscription ecosystem through Bybit Web3.
Recently, the crypto community has shown significant interest in Ordinals, where data such as images, videos, and text are inscribed on the Bitcoin blockchain. The Bybit Web3 Inscription Marketplace is at the forefront of this trend, providing users with a seamless experience that allows them to participate in the ever-evolving Web3 world and the broader inscription ecosystem.
With this groundbreaking integration, Bybit Web3 aims to connect over 1 million Web3 wallet users to the 20 million existing users within the Bybit ecosystem. This collaboration will create a vast network that promotes collaboration and inclusivity within the rapidly expanding Web3 community.
Phase 1: Bybit Web3 goes online with BRC-20 and EVM engraving
On February 1st, Bybit Web3 launched BRC-20 and EVM inscriptions, including AVAX, Ethereum (IERC-20), Polygon, Fantom and Mantle, which have been integrated into the inscription market. At the same time, Bybit Web3 will integrate liquidity from all Inscription markets, transforming Bybit Web3 into Inscription’s largest liquidity provider and ecosystem.
Phase 2: Expand horizons through Bybit Web3
In the second phase, Bybit’s engraving market will further expand its service scope to include ARC-20, BRC-420, and Bitcoin NFTs. Inscription users can get a simple, unified access experience and participate in various inscription markets on the same page.
This means that all Web3 users can conveniently access BTC and EVM inscription assets from one page, gaining extensive and convenient access to multi-chain applications. Bybit Web3 aims to be a one-stop platform for all inscribed assets and opportunities.
Ben Zhou, co-founder and CEO of Bybit, said the company is committed to improving user experience through the newly launched Bybit Engraved Market, which reflects Bybit’s commitment to simplifying the user process, supporting fair launches, and promoting innovation within the industry.
Zhou said: We hope to provide users with a one-stop channel through the Bybit Inscription Market, promote the exploration and experimentation of inscriptions, and support industry development. The simplified process is designed to make the overall user experience simpler and more comfortable.
