@0xFacet
, Ethereum's first based sovereign rollup as public good, is now the leading ETH burner on the Sepolia testnet, with a launch date set for December 10. The Ethscriptions communities greatly appreciates OKX's dedicated support for community-driven innovation from the
Open letter to @OpenSea leadership team.
TLDR: Support trading Ethscriptions in your upcoming V2 if you want to build an ocean, not an aquarium. 🌊
WHAT
Ethscription Protocol is Ethereum’s answer to Bitcoin Ordinals—digital artifacts inscribed on Ethereum using transaction calldata.
• Enables fully on-chain NFTs, compatible with smart contracts.
• A decentralized, cost-effective, and permanent NFT content storage solution—a strong alternative to content addressing systems like IPFS.
• A simple yet powerful protocol capable of powering higher-level protocols like @0xFacet.
• First Ethscription precedes Bitcoin Ordinals by 6.5 years.
WHY
• 200k unique inscribers, 6m total Ethscriptions
• Notable collections:
@ethscribedpunks ($1.14m volume)
@mfpurrs ($2.03m)
@ittybits_eth ($2.1m)
10K flash-minted out in seconds
Praised by @CozomoMedici as the "Mutants to Punks"
• Etherscan now displays Ethscription data
• First-mover advantage as the first major marketplace to support Ethscriptions
• Ability to enforce creator royalties
• Significantly lower gas fees for trading and bulk transfers compared to ERC721 NFTs.
To accelerate the broader adoption of Ethscriptions, our team would welcome an open dialogue to discuss the future of onchain digital artifacts! 🤝
@dfinzer@NadavAHollander