DRAC (Ordinals)Price

(DRAC)

DRAC (drac) is a pioneering BRC-20 token built using the Ordinals protocol on the Bitcoin blockchain. Launched in May 2023, the project is inspired by the legend of Count Dracula, marking it as one of the early and notable meme-themed assets within the BRC-20 ecosystem. It was inscribed by an anonymous team, a common practice among early Ordinals projects, with the process initiated via a specific Bitcoin wallet address.

The name "DRAC" serves as shorthand for "Dracula," and the project leans heavily into vampire mythology. Central to this theme is the number 1,260, which is recognized in certain mathematical and mythological circles as a "vampire number." This specific figure was used as the limit for individual mint transactions during the token's launch phase, establishing a unique thematic branding that distinguishes it from other Bitcoin-based assets.

While it began as a meme coin, DRAC has been integrated into specific Web3 environments, most notably Aether Games. It functions as a ranking mechanism for the "Council of Heroes," where holders can influence their standing on competitive leaderboards. Furthermore, DRAC provides participants with voting power within the game’s council, acting as a cross-media asset that bridges the gap between digital collectibles and interactive gaming features.

DRAC has a total and maximum supply fixed at 106,824,000 tokens. As a BRC-20 asset, its supply was permanently capped during the initial inscription process on the Bitcoin blockchain, meaning no additional tokens can ever be created. The distribution was managed through a minting limit of 1,260 tokens per transaction, which was designed to ensure the supply was spread across a wide range of early adopters.

DRAC is available for trading on centralized exchanges such as LBank, where it is commonly paired with USDT. To store and manage DRAC tokens, users must utilize a Taproot-compatible Bitcoin wallet that specifically supports the Ordinals protocol. It is critical to use a compatible wallet, as sending BRC-20 tokens to a standard, non-Taproot Bitcoin address can result in the permanent loss of the assets.

DRAC inherits the security of the Bitcoin network, as its data is inscribed directly onto individual satoshis. This ensures the token remains as persistent as the Bitcoin blockchain itself. However, users should be aware of risks such as high price volatility and potential network congestion, which can lead to increased transaction fees. Additionally, like many niche assets, it may have different liquidity profiles compared to major cryptocurrencies.