The Rise of Move Smart Inscription MRC20

Recently, as the market for inscriptions has generally cooled down, the smart inscription MRC20 $MOVE in the Move ecosystem has suddenly gained popularity. $MOVE was issued on January 1, 2024, and within just three days, all 10 billion $MOVE were minted, with a locked amount of over 1 million SUI, accounting for about 0.5% of the total locked amount on the SUI blockchain. The number of minting addresses is close to 50,000, attracting widespread attention within the industry.

Advantages of Move Smart Inscriptions

1. Low cost and high efficiency

Compared to Bitcoin inscriptions, the gas fees for minting inscriptions on the Move ecosystem are almost negligible, and the transaction confirmation speed is very fast, greatly enhancing the user experience.

2. Retain inscription characteristics

Move smart inscriptions retain the core features of Bitcoin inscriptions while avoiding some of the issues caused by Bitcoin's lack of smart contracts, such as the need for additional indexing mechanisms.

3. Higher asset security

In the Move ecosystem, smart contracts and asset ownership are separate. Even if there are issues with the smart contract, users still have control over their assets, enhancing the security of the assets.

4. More gameplay and combinability

The unique structural mechanism of the Move ecosystem provides greater flexibility and imaginative space for smart inscriptions. Taking $MOVE as an example, it has designed a unique minting mechanism and Easter egg gameplay, increasing the fun of participation.

Design of $MOVE Gameplay

• Total supply of 10 billion, completed minting in 21,600 epochs
• One epoch per minute, each address can mint one inscription per epoch.
• Each minting requires locking 0.1 SUI
• You can burn the inscription at any time to retrieve the locked SUI.
• Special Gameplay:

1. Frenzy Acceleration Mode: Triggered when the number of participating addresses reaches 500 per epoch.
2. Winning mode: The first minting address in each epoch can additionally receive an inscription.

This design allows early participants to gain more advantages, while the mechanism of locking SUI also provides users with greater flexibility.

The Potential of Smart Inscriptions

Compared to Bitcoin inscriptions, Move smart inscriptions have significant advantages in user experience, cost, security, and gameplay diversity. They not only meet users' demand for a "fair casino" but also bring new vitality to the Move ecosystem.

With the development of smart inscriptions, we can expect to see more innovative gaming models and full-chain games, injecting new vitality into the blockchain ecosystem.