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Key Points:

• UniSat’s Bitcoin wallet tweeted that it will launch the NFT marketplace next week.
• This wallet will support all 1500+ existing collections with preferential service fees from 1.6% to less than 1% across the market.
• In addition, the collection mentioned by the project earlier this week will also be made public in the coming days.

UniSat Marketplace for NFT Collection is launching next week. It will support all of the 1500+ existing collections, using the information stored in a given GitHub repository.

To celebrate the launch of collection trading, we’re reducing the entire market’s service fee from 1.6% to a lower 0.x%. UniSat Marketplace offers the lowest fees compared to existing platforms, often incurring a total fee of 2-3%.

In addition, the UniSat collection mentioned earlier this week will be made public in the coming days with beautiful recursivePlay images and UniSat Badge, exclusive to wallet supporters. Specific information will be shared in upcoming announcements.

UniSat Wallet is the first BRC-20 token-enabled wallet on the Bitcoin network. It is a decentralized application that allows you to create a Bitcoin wallet that can be used to interact with the Ordinals protocol.

The success of this project greatly depends on the fate of the orders themselves. There is a fervent debate happening right now about how memecoins are slowing down transaction speeds on the already unhurried BTC blockchain. Moreover, their popularity has caused transaction fees to skyrocket.

In May, several explosive trends emerged regarding BRC-20 tokens created on the Bitcoin network. However, it didn’t last long. Whether or not to invest in BRC-20 tokens will depend on one’s risk appetite. In fact, as we have seen, when FOMO increased, many people saw huge profits from these tokens.

UniSat Wallet, which officially went into operation on April 23, is the earliest BRC-20 supported wallet. However, just a day later, on April 24, Twitter UniSat Wallet announced that the wallet had been attacked by double-spending, making the wallet unusable for many hours. The project hopes users can understand because BRC-20 technology is still very new.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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