Inscribe PriceINSInactive

What is Inscribe (INS)?

Inscribe (INS) is a cross-chain protocol designed to make inscriptions—data embedded directly within blockchain transactions—accessible to users across a wide range of networks. The project positions itself as a leading protocol for inscriptions on EVM blockchains, BRC20/CBRC20, Dogechain, Injective, and other non-EVM chains, offering a one-click experience for creating and interacting with on-chain data. Its core technology combines a cross-chain marketplace, an automated WebApp and Bot, and a Multichain Indexer API that supports every blockchain. The native token, INS, has a total and maximum supply of 100,000,000 tokens. The project self-reports a circulating supply of 21,665,424 INS (about 21.67% of total supply); CoinMarketCap has not verified this figure. According to the project team, Inscribe has reached its Mainnet launch phase, which the team describes as a major step forward promising new features and improved performance; no independent confirmation or launch date is available.

Key Specifications & Tokenomics

• Name: Inscribe
• Ticker / Symbol: INS
• Blockchain / Platform: Ethereum Ecosystem
• Category: Bitcoin Ecosystem, Inscriptions, Ethereum Ecosystem
• Total Supply: 100,000,000 INS
• Max Supply: 100,000,000 INS
• Self-reported Circulating Supply: 21,665,424 INS
• Contract Address: 0xe9572938bcbf08adceE86Fd12A7C0D08dC4Ab841
• Token Standard: ERC-20 (18 decimals)
• Contract Verification: Source code verified as Exact Match on Etherscan
• Listing Date (CoinMarketCap): February 1, 2024
• Mineable: No
• Premined: No
• Inflation: None recorded
• Burn / Vesting Schedule: Not specified in available materials
• ICO: No ICO price, dates, or funds raised recorded
• Official Website: https://inscribe.app/
• X (Twitter): https://twitter.com/inscribe_app
• Discord: https://discord.com/invite/inscribe
• Block Explorer: https://etherscan.io/token/0xe9572938bcbf08adcee86fd12a7c0d08dc4ab841
• DEX Mode: Inscribe

Who created Inscribe?

The project publishes an official website (inscribe.app) and an X account (@inscribe_app), and its CoinMarketCap listing includes community, holders, and token unlock sections. No founders, team members, investors, or funding rounds are publicly disclosed. The project listing itself includes an ownership claim option, indicating that token information updates and community badge claims are managed through the listing platform.

How does Inscribe work?

Inscribe operates at the intersection of cross-chain interoperability and inscription technology. At its core, the protocol functions as a cross-chain marketplace for inscriptions, an automated WebApp and Bot, and a Multichain Indexer API for every chain. Inscriptions refer to data embedded within blockchain transactions, a process that is particularly significant on the Bitcoin blockchain, where data can be written directly into transactions. Inscribe leverages this Inscriptions protocol to enable data storage, verification, and transfer across blockchain ecosystems. The platform supports a broad array of networks in version 0.1, including Bitcoin, Ethereum, Avalanche, ZkSync, Binance Smart Chain, Arbitrum, Base, Fantom, Gnosis, and Polygon. It also extends its reach to EVM blockchains, BRC20/CBRC20 tokens, Dogechain, Injective, and other non-EVM chains. This architecture allows users to embed data onto various blockchains through a unified interface, simplifying what would otherwise be a complex multi-chain process.

What makes Inscribe unique and valuable?

Inscribe distinguishes itself through its unified liquidity model and simplified user experience, encapsulated in its tagline: "Unified liquidity, simplified user experience, multiple chains, Inscribe." The project's ability to support both EVM and non-EVM chains, including Bitcoin, Ethereum, and emerging networks like Base and ZkSync, gives it a wide operational footprint. Its automated WebApp and Bot lower the technical barrier to creating inscriptions, making the process accessible with a single click. The Multichain Indexer API further adds value by providing infrastructure for developers and users who need to track and interact with inscription data across chains. Additionally, the project's Airdrop Program is designed to reward loyal and active holders, incentivizing engagement and fostering a robust community. These features collectively position Inscribe as a versatile tool for the growing inscriptions sector.

What is Inscribe used for?

The INS token is the native asset of the Inscribe ecosystem. The token's full utility set is not publicly documented; the following uses are confirmed. The token is associated with a platform that facilitates cross-chain inscription creation and trading. The Airdrop Program rewards loyal and active holders, suggesting that holding INS plays a role in community participation and incentivization. The protocol itself is used to embed data within blockchain transactions across multiple networks, enabling use cases such as data storage, verification, and transfer. Users can interact with the platform through the automated WebApp and Bot, and developers can leverage the Multichain Indexer API. Price pages track INS conversion rates against fiat currencies such as AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW; these are reference conversion pairs rather than confirmed trading markets.

How Is the Inscribe ecosystem developing?

The Inscribe ecosystem is in an active development phase, with the Mainnet launch representing a major milestone. According to project communications, the Mainnet launch promises new features and improved performance for users. The protocol supports a growing list of blockchains, with version 0.1 covering Bitcoin, Ethereum, Avalanche, ZkSync, Binance Smart Chain, Arbitrum, Base, Fantom, Gnosis, and Polygon. Extended reach includes EVM blockchains, BRC20/CBRC20, Dogechain, Injective, and other non-EVM chains. The Airdrop Program is another key ecosystem initiative aimed at rewarding loyal and active holders, which helps build community engagement. The project also maintains a presence across multiple data aggregators and platforms, and its listing includes token unlock information, suggesting ongoing token distribution events. As a preview-tier listing on some platforms, the project may continue to expand its visibility and integration as it develops.

How to mine Inscribe?

INS is not mineable. It is an ERC-20 token on Ethereum, so there is no proof-of-work mining and no separate consensus participation for the token itself; Ethereum's own consensus secures the network. New INS enters circulation through the project's Airdrop Program and token unlock events rather than through mining or staking rewards.

How to keep your Inscribe Coin safe?

Keeping INS tokens safe follows the same best practices as securing any cryptocurrency on the Ethereum network. Because INS is an ERC-20 token (18 decimals) on Ethereum, it can be stored in any wallet that supports ERC-20 tokens, including hardware wallets, software wallets, and browser extension wallets. Always verify the official contract address before interacting with any token, and be cautious of phishing sites or fake tokens that mimic the Inscribe name. Since the project maintains an official website and X account, users should rely on these sources for accurate links and announcements. Never share private keys or seed phrases, and consider using a hardware wallet for significant holdings. As with any crypto asset, the price of INS is subject to market volatility, and holding it carries risk. Note that no contract security audit has been submitted for the INS token contract on Etherscan, so users should treat the contract with additional caution. Crypto assets are volatile and carry risk; users should verify information independently.