πEthscriptions
Digital artifacts on Ethereum layer 1
Last updated
Digital artifacts on Ethereum layer 1
Last updated
Emblem Vault has swiftly adapted to support Ethscriptions, a Layer 1 protocol that gained prominence in the summer of 2023. Ethscriptions introduce a novel method of embedding raw data within the call data of Ethereum blockchain transactions, drawing inspiration from the Bitcoin Ordinals concept. Emblem Vault distinguished itself as a pioneer in this space by launching an ERC721A curated collection specifically for Ethscriptions mere hours after the protocol was announced. This initiative marked Emblem Vault's first foray into hosting an ERC721A curated collection dedicated to a newly emerged protocol.
The rapid deployment of this collection led to significant early adoption, with nearly 6,000 Ethscriptions vaulted by 1,500 unique owners and generating 800 ETH in trading volume within the initial weeks following the contract's deployment. Emblem Vault offers users the flexibility to vault Ethscriptions either within Emblemβs Open collections or within specialized Ethscriptions protocol-based curated collections. This dual approach caters to a wide range of user preferences, whether seeking broader exposure within the Open collection or opting for the focused environment of a protocol-specific curated collection. Emblem Vaultβs proactive and inclusive support for Ethscriptions underscores its commitment to fostering innovation and accessibility within the Ethereum ecosystem, providing a dynamic platform for users to explore and engage with the latest blockchain technologies.