What is TURT? BRC-20 meme token with Unique Features

In the ever-changing crypto world, TurtSat (TURT) emerges as the latest innovation: an open, community-led platform, designed specifically to enrich and accelerate the development of the Ordinals ecosystem. If you're interested in seeing how the community can shape the future of crypto, and how Turt played a key role in the evolution of Ordinals, this article is a must-read. Let's find out more about what TurtSat (TURT) is, how it works, and its tokenomics overview below.

What is TurtSat (TURT)

Turtsat is an open, community-based platform that uses the BRC-20 token standard on the Bitcoin network. This platform was created with the aim of being the Gitcoin of Ordinals, providing a space for everyone to build, contribute and impact Bitcoin Ordinals & BRC-20. 

Simply put, TurtSat exists to make it easier for developers and the open source community to participate in the development of the Ordinals protocol ecosystem and enjoy its benefits. At the time of writing, 

TurtSat is a crypto asset with a market cap of IDR 40.86 billion. Coinmarketcap data as of January 1 2024 shows that TURT ranks 2293rd in the global crypto asset ranking with a daily buying and selling volume of IDR 5.57 billion. The price for 1 TURT to IDR at the time of writing is IDR 797.

Also read: What is ORDI? BRC-20 Based Token Officially Listed on Bittime

How it Works and Features

The way TurtSat works is by facilitating project submissions for funding through its website. Before funds are disbursed, each project will be strictly selected and audited by the platform. After the audit is complete, the project will receive funding. 

In general, there are three main services or features offered by TrutSat in the future, including the following:

• Donation Protocol that is efficient in fees and token issuance

• Indexing Services to support the Ordinals ecology

• The Ordinals Open Source Tool Platform that makes it easier for developers to access the Ordinals ecosystem. 

These various features were created solely to enrich the Turtsat community with continuous innovation. Below is an overview of how TurtSat works: 

https://turtsat.io/

Tokenomics and Usability

TURT is an experimental BRC-20 meme token and has special characteristics. This token was created by combining the values ​​of Bitcoin (BTC) and Ordinals, making it easier for more people to understand and get involved in the development of the Ordinals ecosystem, as well as improving relationships with the Bitcoin network.

As the main token in the TurtSat ecosystem, this crypto asset has a maximum total supply of 1 billion tokens with its token allocation divided into several parts, including:

• 80% public donations

• 7.5% private donations

• 7.5% airdrop

• 5% future donations

Conclusion

TurtSat (SATS) is a crypto project that not only opens the door to the exploration of new technologies, but also invites crypto enthusiasts to join in a collaborative adventure. 

As an experimental BRC-20 meme token, Turtsat paves the way for individuals to better understand and participate in the development of the Ordinals ecology. This initiative promises to increase interaction and collaboration within the BTC network, realizing a vision that combines innovation and community participation in the cryptocurrency space.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime. 

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.