Launched on June 17 and inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint non-fungible tokens (NFTs) on Ethereum. As Tradecurve enters stage 4 of its presale, TCRV, its native token, is already up 80% since launch. The hybrid exchange offers borderless market access without users complying with the know-your-customer (KYC) requirements.
What are Ethscriptions?
Developed by Tom Lehman, also a co-founder of Genius.com, nearly 30,000 Ethscriptions were created within the first 24 hours after the protocol went live. Ethscriptions assets utilize the data within a smart contract, allowing for a cheaper minting process than conventional methods.
At the time of writing, image-only inscriptions with less than 96 kilobytes in size are the maximum possible. However, the protocol will allow for different file types in the future. It remains to be seen if Ethscriptions can match Bitcoin Ordinals, which surged from zero to 10 million in less than six months.
The initial project introduced on Ethscriptions was “Ethereum Punks,” and all 10,000 assets were sold in a flash. One side effect of the Ethscriptions may be increased gas fees on the network.
The daily fees on Ethereum exceeded $4.6 million, with average costs surpassing $4.3 million over the past week. With the growing volume of transactions on the Ethereum network, it is easy to anticipate that transaction fees will also increase.
Outlook for Tradecurve
With the overall market outlook, analysts believe the crypto market is ready for a bull run, and the token of one project, Tradecurve, could rally when it launches in 2023.
Tradecurve.io allows users around the globe to access US and European markets to trade CFDs, Forex, indices, commodities, cryptocurrencies, options, ETFs, and bonds from a single account.
Tradecurve’s registration process doesn’t need KYC, and the exchange focuses on user privacy, anonymity, and self-custody of funds. Tradecurve.io offers useful trading tools and leveraged instruments starting at 500:1.
The copy trader feature on Tradecurve.io is based on a subscription model. Traders can also earn passive income, and AI trading bots help users realize their algorithmic trading strategies.
The Tradecurve ecosystem is powered by the TCRV token, of which holders can enjoy benefits and features such as AI bot usage discounts, access to VIP levels, and staking. Through staking, TCRV holders can earn passive income from rewards.
TCRV is currently available at $0.018 in the 4th Stage of the presale and added 20% from Stage 3. TCRV will rally 40% in June in stage 5 of the presale. Based on this, market analysts expect TCRV to rally on launching at tier-1 exchanges.
For more information about the Tradecurve presale:
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