Blockchain || web3 || DePIN || Metaverse || Ethereum || Solana || R3corda || Hyperledger Fabric || Bitcoin || Tokenization || ZKP || Python || Rust || Crypto
Have you ever wondered what MRC721 and MRC20 are, and how they work? MRC20 tokens, inspired by the BRC20 format but with a unique approach, are generated by holding MRC721 mining machines. This method significantly reduces the cost and complexity involved in traditional token minting processes, introducing a decentralized, cost-effective way of token distribution. MRC721, a novel concept in the realm of non-fungible tokens (NFTs), stands out as mining machines with unique features. Unlike traditional NFTs that are merely collectibles, MRC721 tokens actively participate in token generation, passively producing MRC20 tokens and creating a unique fusion of art, utility, and mining. MoogleLabs #MRC20 #MRC721