• Ethereum inscriptions launch with 10,000 Ethereum punk inscriptions in 24 hours.
• Ethereum dominance of the NFT space continues with blue-chip NFTs.

Recent reports suggest Ethereum is treading a similar path to Bitcoin when pioneering the inscription of NFTs on its platform. In line with the concept of Bitcoin inscriptions, a new feature called Ethscriptions has recently been introduced, and it has garnered a favorable response from users.

Realistic or not, here’s ETH’s market cap in BTC terms

Ethereum inscriptions

Capsule 21’s co-founder, Middlemarch, made an exciting announcement on June 16. He introduced Ethscriptions, an Ethereum-based inscription system inspired by Bitcoin’s inscriptions.

Ethscriptions enable the creation and sharing of digital works through Ethereum transaction calldata. Alongside this remarkable development, Middlemarch also revealed the launch of Ethereum Punks. It is a collection of non-contract punks akin to those found on Bitcoin.

Additionally, a glimpse at the Ethereum Punks page revealed that all 10,000 inscriptions were swiftly claimed, leaving none available at the time of writing. This overwhelming response reflected the enthusiastic reception of its inaugural inscription venture.

Current Ethereum NFT landscape

Ethereum’s smart contract capabilities and widespread adoption have paved the way f

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Author: Suzuki Shillsalot

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