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biis price

biis price

$0.003975
USD
BRC-20
Inscription starting number #41991246
View my BRC-20 tokens

Real-time summary of biis price data

The live price of biis is $0.003975 per (biis / USD) today with a current market cap of $614,227.68 USD. The 24-hour trading volume is $19.65M USD. biis to USD price is updated in real time. It has a total supply of 160.00M .

biis market data

Market cap
$614,227.68
All transactions
4,412

biis price calculator

biis
VectorImg
USD
1 biis = 0.003975 USD
Last updated on (UTC)

About biis

biis is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.

biis: What Is It and How Does It Work?

What Is biis (Ordinals)?

Biis is a comprehensive technology stack designed for the BRC-20 ecosystem, offering a range of tools and services to enhance user experience and functionality within the blockchain space. Launched in November 2023, it represents a significant step forward in the blockchain industry, providing an integrated suite of tools. The project aims to be a driving force in the development and interoperability of the entire blockchain ecosystem.

At its core, Biis leverages the BRC-20 token standard, an experimental fungible token standard specifically designed for the Bitcoin blockchain. Created in early 2023, the BRC-20 standard supports the creation and transfer of fungible tokens via the ordinals protocol. This approach diverges from traditional token standards like ERC-20, as it does not rely on smart contracts but uses ordinal inscriptions instead. The BRC-20 standard's compatibility with the Bitcoin network, simplicity, and security are some of its defining features, making it an ideal foundation for Biis's technology stack.

To learn more about Bitcoin Ordinals, check out our article: What Are Bitcoin Ordinals? Everything You Need to Know About Bitcoin NFT.

Resources

Official Documents: https://doc.biis.io/

Official Website: https://biis.io/

How Does biis Work?

Biis operates by providing a comprehensive set of tools that cater to various needs within the BRC-20 ecosystem. These tools include Launch, Cross-Chain, Batch Distribution, Batch Collection, Signature Distribution, and Batch Operations for BRC-20/420/721/100, among others. This wide array of functionalities enables users to efficiently manage and execute transactions, providing liquidity, and performing other operations with ease and security. The platform's design focuses on user convenience, allowing for seamless participation in the BRC-20 ecosystem.

One of the standout features of Biis is its integration with the Ordinals Protocol. This integration ensures that users fully leverage the advantages of the BRC-20 standard and Ordinals Protocol when using the toolbox. The security of Biis stems from its comprehensive technical architecture and close integration with this protocol. The platform offers tools like batch distribution and collection, proxy signature, and batch multi-signature BTC operation, enhancing efficiency, reducing transaction costs, and offering more flexible operation methods. Additionally, its cross-chain tool provides a bridging mechanism for seamless asset transfer across different blockchain platforms, improving digital asset liquidity.

What Is the Tokenomics of BIIS Token?

BIIS is the main token of the Biis ecosystem. Holders of the BIIS token are granted voting rights on proposals related to the platform's development, improvements, and future initiatives. This governance model ensures that the community actively participates in shaping the future direction of Biis. With a total supply of 160,000,000 tokens, the BIIS token is a fundamental aspect of the platform's functionality and community engagement. Biis has garnered significant attention, boasting a vibrant community of over 1,400 BIIS token holders as of January 2024.

How to buy inscription biis?

The BRC-20 inscription tokens biis are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase biis, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase biis on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=biis or ordinalswallet.com/brc20/biis. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.

Can I purchase biis inscription tokens on CEXs?

Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.

How do I inscribe an inscription token like biis?

You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.

Top BRC-20 tokens

Inscription # 41991246 status

Inscription ID
92d4d68441e6d5e6da0cf89f828924e59202129bfb1e44a758453e0d7d17eb05i0copy-inscriptionId
Deployed by
bc1p9ezg9p4e2lfw6eh6sqhrxeqkuj94m68llp43fkark0s3t7as355s73fwlfcopy-deployedBy
Deployment time
2023-11-19 18:47:47
Supply/Minted
160.00M/160.00M
Holders
1,185
Inscription starting number
#41991246copy-inscriptionStartingNo
Inscription ending number
#42128101copy-inscriptionEndingNo
Decimal
18
Limit per mint
10,000

biis resources

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