I don't endorse the usage of any currency or token other than Bitcoin. This post is purely informative.
BRC-20 tokens exist on the Bitcoin blockchain only as metadata. They rely on an indexer and follow the account model, which incentivizes the misuse of Bitcoin UTXOs. Thus, BRC-20 is more of a social phenomenon — similar to Ethereum — and should be understood and used as such, rather than as a fully reliable token standard or network. You can read more about their drawbacks here and here.
$MEME
The second BRC-20 token ever created and one of the first memecoin communities built on the Bitcoin network.
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Overview
$MEME was distributed through a fair minting process that lasted nearly one month, ensuring all early community members had an equal opportunity to participate. Minting 1 $MEME involved embedding a small chunk of data within the script of a Taproot input, which incurred a small fee that, as dictated by the network, was directed to miners as compensation.
$MEME is a social experiment with a fixed supply and no inflation. It’s a simple, community-driven memecoin that thrives on participation and shared enthusiasm, without pretending to offer any utility beyond its cultural value.
$MEME is now fully minted and is only available through purchase.
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Token Details
- Total number of coins: 99,999 MEME
- Total number of coins burned: ≥6,000 (A community member raised and burned them)
- Circulating coins: ≤94,000
- Date created: 8 March 2023, 7:44:22 PM
- Utility: None
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Tools and Wallets
- Block Explorer: Unisat Explorer
- CLI Wallet: Ord Wallet
- GUI Wallet: Unisat Wallet
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Exchanges
- Gate.io
- BitMart
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Marketplaces
- Unisat Market
- OKX Marketplace
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Swaps
- DotSwap (relies on MPC)
- PizzaSwap (not yet available on Bitcoin mainnet)
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Social Media (Community-Maintained, No Official Team)
- Website: memebrc.com
- Telegram: @brcmemes
- X (formerly Twitter): @memebrc