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ASC20 (avascriptions): $avas
The first inscription on $AVAX, with a total of 21 million pieces and a current market value of $3 million
Calculated by valuation formula:
13b/846b*1.5 billion=23 million
There is a huge difference from the estimated value, a huge profit and loss ratio, and the market will correct it later#avas

#ASC20 : $AVAS

ASC20 is the BRC20 token standard based on the ordinals protocol on AVAX. $AVAS is the first token deployed on the ASC20 protocol, similar to ordi on BRC20. It was deployed and created on June 29, 2023 and has been minted.

AVAS is the first inscription on AVALANCHE and was publicly acknowledged by Avalanche executive Omer. A spokesperson for the avascriptions market said that the AVAS community can see that someone is working hard to build. Recently, it was discovered that the community is building a public chain called Avaschain, which is a future-oriented and scalable blockchain built specifically for inscriptions. Avaschain is now followed on Twitter by AVALANCHE co-founder and CEO.