brc-223 examples
Advanced Fungible Token Standard
Please understand that this is an experimental standard, and know how it works before testing. Use at your own risk. Examples of balance changing events. Wallets tested with: Xverse.
Regular Examples
Mint 1 "ordi" to yourself
ordi has already reached its maximum supply, example for demonstration purposes only.
Minter populates mint function
{ "p": "brc-223", "op": "mint", "tick": "ordi", "amt": "1" , "data":"123456789", "operatorData":"123456789" }
Inscribe the function to your own ordinal enabled wallet taproot address. Make sure not using inscription service that mints to itself first.
You now have 1 "ordi"
User | Balance at start | Balance at end |
Minter | 0 | 1 |
Transfer 500 "ordi" to Satoshi's wallet
Satoshi wallet just an example. Can send to any ordinal compatible taproot address.
Populate transfer function
{ "p": "brc-223", "op": "transfer", "tick": "ordi", "amt": "500", "data":"123456789", "operatorData":"123456789" }
Inscribe the function to your own ordinal enabled wallets taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Send the inscription from your wallet to Satoshi's ordinal enabled wallets taproot address (if he had one).
Satoshi now has 500 "ordi"
User | Balance at start | Balance at end |
Sender | 500 | 0 |
Satoshi | 0 | 500 |
VERY EXPERIMENTAL EXAMPLES, USE AT YOUR OWN RISK
Trade 250 "ordi" for 1 sat via escrow
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the seller has a valid balance. Escrow trust/error risks should also be considered.
Seller populates transfer function
{ "p": "brc-223", "op": "transfer", "tick": "ordi", "amt": "250", "data":"123456789", "operatorData":"123456789" }
Seller inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller sends the inscription from their wallet to the escrows taproot address.
Escrow checks balance state index tool to check their wallet has a valid balance
Buyer sends 1 sat to escrows bitcoin address
Escrow now has 1 sat and 250 "ordi"
Escrow populates transfer function
{ "p": "brc-223", "op": "transfer", "tick": "ordi", "amt": "250", "data":"123456789", "operatorData":"123456789" }
Escrow inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Escrow sends the inscription from their wallet to the buyers taproot address.
Escrow sends 1 sat to sellers bitcoin address
Buyer now has 250 "ordi"
User | Balance at start | Balance at end |
Seller | 250 | 0 |
Buyer | 0 | 250 |
Trade 250 "ordi" for 1 wei via emblem vault
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the emblem vault has a valid balance.
Seller populates transfer function
{ "p": "brc-223", "op": "transfer", "tick": "ordi", "amt": "250", "data":"123456789", "operatorData":"123456789" }
Seller inscribes the function to their own ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller creates emblem vault and populates title / description with transfer function details
Seller mints the emblem vault
Seller sends the inscription from their wallet to the emblem vaults taproot address.
Emblem vault now has 250 "ordi"
Seller lists emblem vault for 1 wei
Buyer checks balance state index tool to check if emblem vault has valid balance
Buyer buys emblem vault for 1 wei
Buyer now has control of emblem vault. If buyer wants to move balance from emblem vault, buyer unlocks vault.
Buyer imports private keys to an ordinal compatible wallet
Buyer populates transfer function
{ "p": "brc-223", "op": "transfer", "tick": "ordi", "amt": "250", "data":"123456789", "operatorData":"123456789" }
Buyer inscribes the function to the imported ordinal enabled wallet taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Buyer sends the inscription from their wallet to the desired destinations taproot address.
Desired destination now has 250 "ordi"
User | Balance at start | Balance at end |
Seller | 250 | 0 |
Buyer | 0 | 250 |
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