Introduction: Etch Market - A New Participant in the Ethereum Subscription Protocol Market

In the blockchain industry, new projects and platforms are constantly emerging, injecting new vitality into the industry's development. Etch Market is one of these new participants. It is an indexer, marketplace, and launchpad based on the Ethereum subscription protocol. The following article will provide a detailed introduction to the various functions, features, and future development plans of Etch Market. Let's explore this new platform together.

Etch Market: A Community-Driven Innovative Force

Etch Market, this name has attracted widespread attention in the blockchain industry. As the first community-driven Ethereum subscription protocol (ethscription protocol) indexer, marketplace, and launchpad, the emergence of Etch Market has undoubtedly injected new vitality into the Ethereum ecosystem.

Etch Indexer: A Powerful Ethscription Protocol Indexer

The core of Etch Market is a powerful ethscription protocol indexer, which can quickly and accurately index all ethscriptions and categorize them, including Tokens, domains, NFTs, images, texts, videos, and audio. The existence of this indexer makes it more convenient for users to search for and trade ethscriptions, greatly improving the efficiency of the market.

Etch Market: A Safe and Reliable Trading Market

The market part of Etch Market is a marketplace that verifies and categorizes tokens, domains, and NFT collections. The emergence of this market has solved the security problem for users when purchasing ethscriptions. As long as the ethscription has a green check mark, it means that it is a real and valid ethscription that has been verified, and users can buy it with confidence.

DERC-20 Protocol: Innovative Token Ethscriptions Trading Method

The innovation of Etch Market is also reflected in the DERC-20 protocol it proposed. The DERC-20 protocol is an extension of the ERC-20 protocol and is a divisible solution for ERC-20. The emergence of this protocol allows users to trade Token ethscriptions more flexibly, greatly improving the liquidity of the market.

Etch Launchpad: A Launchpad for Creators

Etch Market also provides a launchpad called Etch Launchpad, which provides a simple, permission-free model for ethscription NFT fair launches for ethscription creators. The emergence of this platform provides a platform for creators to display and sell their works, and also provides more purchase choices for users.

Future Development Plan of Etch Market

The future development plan of Etch Market is also very exciting. According to its announced roadmap for 2023, Etch Market will successively launch a series of new functions and services in the next few quarters, including ethscription market V1, support for NFT collection transactions, DERC-20 protocol online, Etch Launchpad, support for domain transactions, ethscription search indexer, ethscription indexer open source, and a fully decentralized market (Etch Marketplace V2).

Conclusion

In general, Etch Market is a project full of innovation and foresight. It plays an important role in the Ethereum ecosystem and provides a safe and efficient platform for users to better use the ethscription protocol. The emergence of Etch Market has undoubtedly injected new vitality into the Ethereum ecosystem, and we look forward to seeing the development and success of Etch Market in the future.