Daryl ▣

These inscription ecosystems on UTXO chains are a series of Pandora's Boxes opening up over and over. Proof-of-Work blockchains were the first to the crypto scene and have the strongest Lindy Effect. Those chains that survived have become a melting pot of value sitting there and accruing year after year. Eventually they were abandoned for more efficient Proof-of-Stake but yet the value remained. As Bitcoin and Ethereum slowly became adopted by the outside world for some off-chain utility, the remaining PoW chains lost their potential use-case. Now, inscription ecosystem give holders the ability to put that value to use, or uhhh......gamble. Literally, just billions of dollars sitting there with nothing to purchase onchain or offchain, with a never ending depreciation against BTC and ETH. But now you can add fungible tokens, NFTs, metaverse capabilities, and gamified applications. Value is becoming unlocked as new avenues of expenditure are created. Bitcoin has 3 different inscription-like metaprotocols with a combined value of over $5 BiIllion. [BTC Market Cap: $911B] Ethscriptions has a combined value of over $250M. [ETH Market Cap: $276B] Doginals has a combined marketcap of over $70M. [DOGE Market Cap: $11B] Plenty of untapped liquidity out there waiting for an ecosystem to spend their liquidity on, create their digital identity, and play game of crypto casino,