Which assets are worth paying attention to as curse inscriptions may become discontinued?

2023-11-16 10:45

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Curse inscription may become discontinued, increasing its scarcity and creating opportunities for speculation.

Original author: 0xBread

Original translation: Deep Tide TechFlow

Recently, the forgotten curse inscription has returned to the public's attention.

On November 14th, the founder of the Ordinals protocol stated on Twitter that the official Ordinals protocol is considering a "Jubilee" on the Bitcoin mainnet at block height 820512, which is approximately 26 days from now.

This coincides with the founder of Ordinals, Casey, launching a new proposal on Github called The Jubilee #2495 in October, which states that the curse inscription will be fixed in a month. This means that there will be no new curse inscriptions in the BTC ecosystem from now on, and at the same time, this has brought speculation opportunities to curse inscriptions.

What is Curse Inscription?

Cursed Inscriptions are a result of a bug that occurred before the Ordinals protocol, causing some inscriptions to not be recognized by the indexer. As a result, the Ordinals team decided to assign negative values to these cursed inscriptions, counting down from 0. Therefore, they are also known as negative inscriptions.

In short, curse inscriptions are somewhat similar to misprinted banknotes that circulate in the world due to printing errors, but are still genuine and valuable. Due to their rarity, they are often speculated to prices far beyond their actual value, with similar logic.

If the curse inscription is discontinued, scarcity will inevitably increase again, which has led to a frenzy among inscription enthusiasts to seek investment and speculation opportunities.

Currently, what are the mainstream curse inscriptions?

As far as NFT is concerned, there are mainly:

cursed bitcoin punk

Total: 10000

Official website: https://btcmachine.org/

cursed pokemon (宝可梦)

Note: The content has already been written in English, so no translation is necessary.

Total: 200

Cursed Satorian Dimension

Total: 379

Official website: https://cursedbitcoinpunks.com/

Currently, the trading platform for Curse Inscription NFTs is Magic Eden, and there is even a dedicated section for bulk Curse Inscription NFTs.

https://magiceden.io/ordinals/marketplace/cursed

Regarding investment targets for tokens, 0xSea, the organizer of SeaTalk, believes that there are two main targets:

-Crsd is the first token with a total supply of 21 million, and its minting was completed on May 25th. However, due to the lack of proper indexing by the ord development team, it has been unable to be traded.

-Tap, with a total supply of 21 million, was completed in August and now has a certain price, circulation and community consensus foundation. It is also the first coin of Tap Protocol (BRC-20 improved protocol).

Tap Protocol was launched by the Trac team on August 7th. It is an improved and enhanced protocol based on Ordinals, and is seamlessly compatible with BRC-20 in terms of functionality.

It is worth noting that both Tap and -Tap are native tokens based on the Tap protocol. Tap has been officially locked after being minted, with no circulation; -Tap, on the other hand, has been opened for community minting, with a total supply of 21,000,000 (or 21,000 units). The cursed version (-Tap) was deployed 30 minutes earlier than the positive Tap and is the first true native token. Currently, the Tap being discussed in the community is actually -Tap.

Unisat currently does not support Curse Runes and cannot trade tokens on the Tap protocol, so do not buy $Tap on Unisat.