TRON Unveils Sneak Peek of Revolutionary Inscription Marketplace
APENFT, a team of blockchain developers focused on non-fungible token (NFT) platforms and artworks, is reportedly working on creating a marketplace for inscription tokens within the TRON ecosystem. TRON founder Justin Sun made this announcement on Mar. 4. While specific details and a launch date were not provided, it is anticipated that the project will also support BTT, BitTorrent’s native token based on the TRC-20 standard.
This announcement had a significant impact on APENFT’s native token NFT, which saw a 25% increase in value to $0.0000006941. This price was last seen in June 2022, as reported by CoinMarketCap.
Inscriptions, originally intended as a way to embed various data or content onto a Satoshi (the smallest unit of Bitcoin), have gained attention in the global crypto market. This increased interest has led to the introduction of multiple marketplaces for inscription tokens by various crypto exchanges. Binance, for example, recently launched its own Binance Inscriptions Marketplace, positioning itself as a competitor to platforms like OKX.
