It has been half a month since the Fractal mainnet was launched. During this half month, I have been playing in depth on the Fractal network with the attitude of “no degen, no right to speak”. Let me take you through the opportunities that have appeared on Fractal in the past half month, and look forward to what opportunities are worth participating in on Fractal in the future.
CAT20
Since Lorenzo himself praised CAT20 on Twitter Space, the price of $CAT has risen from 3.5U, and it may be difficult to turn back. In addition, on September 22, UniSat’s official Twitter announced that UniSat products will soon provide more support for the CAT20 protocol, and the user experience of CAT20 is getting better and better.
Dotswap not only supports the $FB-$CAT swap, but also supports the liquidity pool of this swap pair. If slippage and handling fees are not taken into account, the current $CAT price displayed on Dotswap is about 7U per piece (one piece = 5 $CAT), which means that the current market value of $CAT is close to 30 million US dollars.
In the past half month, in addition to $CAT, there are mainly three new popular CAT20 Tokens:
The first is $FBULL, which is a meme token. It is popular probably because there is an official account in operation, and all of them have been minted.
The second is $Kibble, which is the CAT20 Token issued by PizzaFarm, the liquidity mining platform of PizzaSwap. They claim that they are developing a staking system for the CAT20 protocol. Although the utility of $Kibble has not been clearly stated yet, the editor speculates that it may be related to their related products on CAT20 in the future.
Finally, there is $cat20_pizza. This token is deployed by Gaze Network, but they currently only mention that this token is a fair minting token deployed for their cat20_pizza badge activity. It is not clear whether it will have any connection with their products in the future. This token is still being minted.
In summary, people still prefer meme tokens that are operated by people and tokens driven by project parties.
Finally, let me summarize the tools currently available for CAT20:
– Dotswap（@dot_swap). New issuance, Swap, adding pools, Dotswap is undoubtedly the platform with the most complete CAT20 functions. I have to mention adding pools. Some time ago, when $FB was actively traded and when Dotswap just launched the $CAT pool, the income from LP was still good. However, this profit opportunity requires everyone to have a certain understanding of LP, otherwise you will suffer losses.
– Satosea（@satosea_xyz). A maximum of 100 tokens can be issued in a single transaction, and refunds can be requested for abnormal orders. In addition, the real-time monitoring of new issuances is quite good, with real-time streams of popular tokens. Twitter and Discord both have monitoring robots available for free use.
– Corridor(@Flur69). The product made by the Ordinals Wallet team has the advantage of being cheap, but the disadvantage is that the user experience needs to be improved.
– Gaze Network（@Gaze_Network). Compared with the above functions and advantages, it may be relatively simple, but cat20_pizza’s activities are worth participating in moderately.
BRC-20 on Fractal
Although after the Fractal network block height 21000, that is, BRC-20 was activated, the editor heard a lot of voices that were pessimistic about Fractal BRC-20, mainly saying that this is an unoriginal way of issuing assets.
But in fact, Fractal BRC-20 is very comfortable for degen. On the night of the first activation, the tickers that could be played were basically able to make money, such as $ordinals, $onlyfans, $elonmusk, etc. Of course, although the multipliers brought by these tickers are considerable, one is that too many people are rushing to Mint and it is not necessarily possible to play, and the other is that in a pure PvP game, the timing of winning and leaving is very important.
Then it developed into a “big truck” competition, that is, looking at the number of holders, because this is the only way to win in the absence of a meme operator – more people means better liquidity. Under this premise, Fractal BRC-20 actually ran a “food” small main line, first hamburger $burger, then cherry $cherry, and these two “foods” performed well after the game.
Finally, the “food” leader $GLIZZY emerged. This ticker has the “Big Goose” Goosinals team calling orders, and it also has the strongest performance of Fractal BRC-20 at present – the current market value is close to 4.5 million US dollars, and it has been launched on Gate.io.
I continue to be optimistic about Fractal BRC-20. I think that Fractal does not lack asset issuance protocols, but lacks excellent meme tokens and a strong community formed around excellent meme tokens ($GLIZZY has already made a good start). The community can be migrated. When the CAT20 related infrastructure is more complete, the tokens running through BRC-20 will be easily migrated to the CAT20 protocol. $PUPS on the Bitcoin mainnet is the best example.
Based on this, I have been paying attention to the ticker $tasinu, because this ticker happens to be UniSat written backwards (UniSat does not allow the deployment of the “unisat” and “lorenzo” tickers on Fractal), and it also happens to mean “dog” in reverse.
Among the Fractal BRC-20 Tokens that are still being minted, the most active one is $MoonCats. The reason for this is that the total amount is very large, and everyone still likes “big trucks”.
If you want to mint BRC-20 Tokens, the recommended choice is OKX, which currently has no handling fee, but the disadvantage is that you can only mint 24 at a time. If you want to be efficient, you can use UniSat official platform or Dotswap, but the handling fee will increase the cost. You can choose this in different situations: if you need to chase hot spots and mint quickly, or if you want to mint slowly due to large volumes.
Stamp Protocol
Old players of the Bitcoin mainnet should be familiar with the Bitcoin Stamp protocol. The integration of the Stamp protocol and Fractal does not seem to be an official statement, but was initiated by OpenStamp, the trading platform of the Stamp protocol.
But precisely because it is OpenStamp that is doing this, it may be even more awesome… Because on March 21 of this year, OpenStamp announced the completion of its seed round of financing with a valuation of US$50 million, led by Animoca Ventures, and participated by KuCoin Ventures, MH Ventures, VitalTao Capital, Lotus Capital, Brotherhood Ventures, Blue Node Capital, D64 Ventures, Luminescence Capital, Spicy Capital, Halvings Capital, SPEC Capital and YM Capital. The specific amount of financing was not announced.
The tweet in the screenshot above mentioned that the Stamp protocol on Fractal will be launched on September 26. We will keep an eye on OpenStamp’s official Twitter to see how to participate.
Domain name and small image
I put these two together because there really isn’t much to say about them…
Basically, there was nothing to play for .fb domain names on the night when the Ordinals protocol was activated at block height 21,000, which led to many players rushing to register some “good numbers” at that time. In fact, the profit from reselling them when the popularity was the highest was quite good.
As for small pictures, the most popular one when the block height was 21000 was just activated was “Fractional Goose”, but then the total amount was expanded, and a limited time unlimited quantity was made, and then there was no news. The subsequent small picture projects were not very outstanding and lacked novelty.
The current leader is DomoDucks on the Bitcoin mainnet, which issued a high-definition series on Fractal with a total of only 256 copies. The floor price is currently 65 $FB, and the total transaction volume on the UniSat market exceeds 6,600 $FB.
However, it is too early to draw conclusions about .fb domain names and Fractal images, because the CAT20 protocol has another CAT721 part. It is very likely that some new related gameplay will emerge in the future, creating differentiated value from art collections on the Bitcoin mainnet.
Conclusion
Although the price of $FB has fallen significantly from its peak of nearly $40, I am quite satisfied with the degen experience on Fractal so far. A block is generated every 30 seconds to 1 minute, which is a very good experience for new BRC-20 and CAT20 tokens. You don’t have to wait for a long time like on the main network and watch your UTXO stuck or “dead orders”. It feels a bit like the “Bitcoin version of Solana”.
If Fractal’s positioning as a “test field” is correct and can eventually be accepted by the market, then it is possible for Fractal to surpass BSV/BCH. Things are always changing, just like we simply and crudely classify the popular folding screen mobile phones now as the flip phones that were popular many years ago, which is completely wrong, and Fractal cannot be compared with BSV/BCH.
But let’s put this lofty ideal aside for now. I just want to suggest that everyone participate in the Fractal ecosystem, because it is really fun 🙂
