Exploring Fragments, Part 3: How to Buy and Sell Inscriptions
The Exploring Fragments blog series gives readers brief tutorials on how to create, mint, and trade inscriptions on Fractal’s new platform.
In the first few weeks since Fragments launched, we’ve seen dozens of projects launched, thousands of browser wallet downloads, and tens of thousands of tokens minted. The cherry on top: all fees, which are paid in FRA, will be burned.
Why the excitement? With Fractal Network’s inscription launchpad, users can deploy a BRC20-style token collection for a fraction of the cost of launching on other UTXO networks. Future developments will help these tokens be interoperable in other ecosystems. Plus, as a new platform, it is easy for a new project to make waves.
This is the third article in the Exploring Fragments series, covering how to buy and sell inscriptions from collections and start minting tokens on Fragments.
👉️ New to Fragments? Start with part 1 or part 2 of this article series 👈
Buying/Selling BRC20s on Fragments
- It’s easy to list your BRC20s on the Fragments Marketplace. First, click on the Marketplace tab and search for the BRC20 that you’d like to buy/sell. You can scroll down the full list to find your BRC20, or just type the ticker in the search bar.
2. Click on the ticker to see a full breakdown of the token, including the total valuation and 24-hour valuation, floor price, and total number of holders. If you keep scrolling down, you’ll see if any tokens are currently listed for purchase.
3. Click on the “Buy” button to purchase the listed tokens; they will have a price in FRA and its corresponding USD value. Click “Confirm” to confirm your purchase.
4. Meanwhile, if you’d like to sell some BRC20s, just navigate to the desired token’s page in the Marketplace and then click on the “Sell” button on that page. Next, enter the amount of tokens you’d like to list, and the total price for that bundle of tokens, and click “Confirm”.
5. Finally, click the “Approve” button in your browser extension wallet to sign the transaction and list your tokens for sale.
NOTE: FRA transferred to your browser extension wallet will be used for inscriptions of the BRC20 data. Only transfer FRA into the Extension Wallet that you intend to use for the inscription process. Unknowingly transferring an FRA token with a BRC20 inscribed on it will result in losing custody and control of that BRC20.
Pioneering UTXO Token Standards
Inscriptions tooks the Web3 world by storm at the end of 2023. In 2024, many projects including Fractal are looking for ways to expand the utility or inscriptions, ordinals, and BRC20-like tokens.
Fractal is excited to be part of this trend. As a multilayer network with a UTXO ledger, Fractal is in a prime position to create tokens that approximate standards based on the Bitcoin network. We have many other exciting announcements to do with BRC20-style tokens coming this year, and other technical announcements.
Be sure to stay tuned to our social media channels to stay up-to-date!
About Fractal Network
Fractal Network is a multi-layer network committed to applying zero-knowledge cryptography at every level of the Web3 stack. We are building secured DeFi, asset tokenization, and on-chain identity and reputation services. Through applied zero-knowledge encryption, Fractal is creating a secure on-chain environment for all of Web3.
Join our community to learn more:
