OKX Web3 Wallet has taken a revolutionary step in the Web3 ecosystem by integrating four new inscription token standards: Atomicals (ARC-20), Stamps (SRC-20), Runes, and Dogecoin's Doginals (DRC-20). This strategic expansion enhances digital asset interoperability, security, and utility, setting a new industry benchmark.
New Inscription Token Standards Explained
1. Atomicals (ARC-20)
ARC-20 enables complex asset interactions on the blockchain, offering advanced control for digital transactions. Its precision-driven design redefines decentralized asset management.
👉 Discover how ARC-20 transforms digital ownership
2. Stamps (SRC-20)
SRC-20 bridges Bitcoin with modern blockchain networks, fostering interoperability. This standard unlocks seamless token transfers across ecosystems, starting with Bitcoin integration on February 5th.
3. Runes
Focused on community-driven growth, Runes incentivize collaboration within Web3. They introduce a novel framework for shared value creation in token economies.
4. Doginals (DRC-20)
Built on Dogecoin’s vibrant community, DRC-20 merges meme culture with blockchain utility. Expect enhanced engagement and innovative use cases in NFTs and beyond.
Integration Timeline
Phase 1: SRC-20 Launch (February 5)
- Users can view and transfer SRC-20 tokens.
- Bitcoin compatibility ensures a unified asset experience.
Phase 2: ARC-20, DRC-20 & Rune Alpha (Late February)
- ARC-20: Sophisticated asset management tools.
- DRC-20: Dogecoin-powered inscriptions.
- Rune Alpha: Community-centric token utilities.
OKX NFT Marketplace Upgrades
By late February, OKX’s NFT platform will support DRC-20 and ARC-20 standards, featuring:
- Zero-fee trading for DRC-20/ARC-20 inscriptions.
- Expanded portfolio: Diverse digital collectibles and art.
👉 Explore fee-free NFT trading
FAQs
Q1: What’s unique about ARC-20?
ARC-20 enables granular asset control, ideal for decentralized finance (DeFi) and advanced blockchain applications.
Q2: How does SRC-20 improve interoperability?
By linking Bitcoin with newer blockchains, SRC-20 reduces friction in cross-chain token transfers.
Q3: Are Runes tokens liquid?
Yes, Runes are tradable assets designed to grow value through community participation.
Q4: Can I trade DRC-20 inscriptions on OKX?
Yes, with zero fees starting late February.
Q5: Will these standards support NFTs?
Absolutely—DRC-20 and ARC-20 expand OKX’s NFT marketplace offerings.
This integration solidifies OKX’s leadership in Web3 innovation, combining cutting-edge technology with user-centric solutions. Stay tuned for more updates!