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BRC20 Token minting whole process: from Wallet preparation to asset management
Complete Guide to BRC20 Token Minting Process
BRC20 is a fungible Token protocol on the Bitcoin native chain, similar to the ERC20 standard on Ethereum. Currently, well-known BRC20 Tokens include ordi, pepe, punk, bayc, and others. Among them, $Ordi, as the first BRC20 Token, has a genesis attribute, and its current off-market price has reached 500, compared to the initial cost of 3-5U, resulting in significant profits.
minting steps
1. Prepare wallet
It is recommended to use the UniSat plugin wallet, create a wallet and back up the mnemonic phrase. Choose an address starting with m/86/0/0/0 to obtain a receiving address that starts with bc1p.
2. Query minting information
You can use UniSat to view real-time information on the minting of inscriptions, including the number of tokens minted, holders, and other data.
3. Choose minting tool
It is recommended to use idclub, which offers high cost performance and is easy to operate. Other options include looksordinal, etc.
4. Minting Operation Process
View target Token minting information on UniSat for ), copy the Token name and quantity.
5. minting follow-up
Notes
By following the above steps, you can complete the minting process of the BRC20 Token. After successful minting, you can view and manage assets on platforms like UniSat.