I entered the circle during the last bull market and have witnessed the birth, maturity and explosion of various concepts.

When looking for investment targets, you should look for those that can survive among the old concepts, and those that can hold their heads up among the new concepts.

Everyone is waiting for the third wave of inscriptions, and I am waiting too. However, when the third wave really comes, not all inscriptions will be revived together. Only the selected high-quality targets can ride the third wave. The selection here can be narrative, community, application, or even the strength of the dealer.

Inscriptions are a very new narrative, but in the fast-paced web3, a year is considered old, so we need to find something that can "survive".

There is also an interesting concept called “Bitcoin ecology”. These five words are so convincing that I have always firmly believed that it will become the main theme of the bull market accompanying this halving cycle.

The Bitcoin ecosystem consists of many sectors, but I think the most important point for a sector to be classified as "Bitcoin ecosystem" is whether it can attract more people to play with Bitcoin, use Bitcoin, and make Bitcoin more lively.

Although this concept was born at the same time as Inscription, it fits the original intention of all Web3 today. I firmly believe that it will be a sector that will not die after the end of this bull market. So I don’t regard it as an old concept, it should be a concept that is “always new”.

So, for the new concept, we need to find something that can hold its head high. In simple terms, it means a target that can set an example in the new concept. How to set an example? First of all, Ordi must be a role model. There is no doubt about it. I don’t need to find reasons for it. Time will give the answer.

So what other targets can serve as examples?

That is, other "leaders" that can survive the market baptism, such as the L2 concept, will Merlin maintain their popularity after a round of market cleansing? How many other L2 projects can successfully maintain people's habit of using L2?

For example, there are all kinds of protocols, besides Ordinals, there are Atomicals, Runes, Stamps... But remember, most of the protocols will die, and only a few will survive. And those that survive must be those that leave a deep impression on people, bring a whole new way of playing, and give the Bitcoin ecosystem a new paradigm, new habits, and new impressions.

So, in my opinion, I chose a new concept that I am looking forward to - Colored Coin.

Coloring a Bitcoin satoshi allows it to function as another coin while also being a Bitcoin.

This narrative is so fascinating.

The concept of "colored coins" was introduced by the token standard "ARC-20" under the Atomicals protocol. Many people like to regard ARC-20 tokens as a kind of inscription, which is fine, but I still like to regard it as a new track - colored coins.

There are no competitors at other protocol layers in the colored coin track, only ARC-20 itself, from ATOM to QUARK, as well as sophon, electron, neutron, infinity, etc. along the way.

Colored coins, use all bitcoins, so that every bitcoin, every satoshi, has the space for self-expression.

One coin, one satoshi. How sexy.

It is no longer just empty promises or trivial tricks. It is the ultimate simplicity!

When I first learned about ARC-20, I not only wanted to devote myself to the construction of Quark, but I also wanted to tell this story to everyone - the greatness of the Bitcoin ecosystem, the greatness of Atomicals, and the greatness of colored coins.

This is something that truly changes the way the Bitcoin ecosystem is played. The birth of colored coins is comparable to the emergence of NFT as a new form of digital asset.

In the previous article, I said that we should find a way to survive in the inscription track. Now I can tell you with confidence that "Atomic Inscription" will definitely be one of the "inscriptions" that can survive. Because it can be classified as an inscription, its meaning has long exceeded that of an inscription. This is the sexiness of narrative.

In the previous article, I said that we should find a "role model" in the Bitcoin ecosystem, and create a new paradigm, new habits, and new impressions. Colored coins are such a game changer.

Looking for investment targets that can survive in the old concept and hold their heads up in the new concept. Guess what? Atomicals is the one that "survives" and "holds its head up".

Ten years ago, people wanted blockchain-based digital artworks, and ten years later, NFT has created a new history of digital artworks.

Ten years ago, people also proposed colored coins, and ten years later, ARC-20 will make colored coins a reality. If possible, colored coins will lead everything back to Satoshi and back to Bitcoin.

The Atomicals protocol has several explosive technical features:
AVM aims to kill Ethereum, with a trillion-dollar market space;
PoW aims to unify the mining trend of the entire chain, with a trillion-dollar market space;
RNS aims to subvert DNS, with a trillion-dollar market space;
……

But my favorite concept is still colored coins, which are closest to our lives and our ideals. They are "Bitcoin gold and silver jewelry" visible to the naked eye, and they are loyal to Satoshi Nakamoto's Bitcoin fundamentalism.

Not everyone can own 1 BTC, but everyone can definitely own some Satoshis.

But not everyone just has a few satoshis, as boring as that sounds - the charm of Bitcoin is fully demonstrated by colored coins.

Every intelligence is different. Your intelligence is defined by you.

His intelligence is like a crocodile, her intelligence is +name;
His satoshi is $atom, mine is $quark;

NFT, Realm, and Token, the trinity, make Bitcoin everything and allow everything to be expressed by Bitcoin.

You can say that Atomicals are useless, but you can't say that my Bitcoin is useless. I love my Bitcoin. I dress it up carefully, making it unique and giving it its own personality and style.

Today, no one can say that Bitcoin is bad, at least in the Web3 camp.

Colored coins are no longer carefully packaged coins that use Bitcoin to attract attention, but truly empower Bitcoin - Bitcoin needs ARC-20.

This makes the innovation of the Atomicals protocol fundamentally different from any other protocol in the current Bitcoin ecosystem. The Atomicals protocol is changing the rules of the Bitcoin world and is gradually unveiling the future of Web3. It is not about making something "look innovative", but directly opening up a brand new road for Bitcoin.

In the early days of the protocol, I worried that even the best narratives depend on the right time, right place, and right people. If Atomicals doesn’t gain a foothold during the critical period, it may be buried by history.

But what a coincidence, in the first year of the Bitcoin ecosystem explosion, Atomicals just happened to be recognized by the mainstream, countless high-quality developer teams chose to settle in the ecosystem, and a number of institutions such as Unisat and OKX also entered the development. At this moment, Atomicals is about to (or has already) become too big to fail.

Now that the Atomicals protocol has caught up with the trend, “colored coins” finally have the confidence to become a track of their own!

Go benchmark.
Benchmarking the trillion-dollar market of gold jewelry,
Benchmarking the trillion-dollar market of digital artworks,
Benchmarking the trillion-dollar market of ERC20 tokens,
……
No matter how you benchmark, the bigger your imagination is, the bigger the stage will be.

Today, the entire colored coin track, all tokens, NFTs, and domain assets of the entire Atomicals protocol, have a combined market value of less than 300 million.

ask:
Have colored coins become mainstream? Can they become mainstream?
Has inscription become mainstream? Can it become mainstream?
Has the Bitcoin ecosystem become mainstream? Can it become mainstream?

The answer to each of these three questions is whether Atomicals valuation can be increased by zero. Of course, we can continue to ask similar questions for the fourth, fifth, and sixth time.

You can say I'm stupid, I don't care if everyone who sees this article will join this trend, at least I have left what I want to say to the public. Every word comes from the heart, and I am happy when I write these words, because I have been completely convinced by Atomicals.

I really hope that one day colored coins can go global, which will prove that our vision is correct.

Atomicals, the brightest star in the Bitcoin ecosystem in 2024.

END

(Originally written by Lepaer from Quark Community on 2024.03.11)

#比特币生态 #atomicals #染色币 #Arc20 #Quark