Ethscriptions are introduced on ethereum blockchain

Ethscriptions a similar concept to inscription on Bitcoin blockchain are introduced on 16th June, and 10K ethereum punks are created and already sold by using this new functionality or method

Ethereum blockhain is still one of the top blockchain in the world for minting and trading nfts, now after introducing Ethscriptions ethereum blockhain will be able to keep dominating NFTs space in every for of NFTs

Source

Ethscriptions is a same concept as we used for minting or creating ordinals on Bitcoin blockchain, I don't know how it benefits ethereum blockhain in coming days or months but it's may increase transactions fee on ethereum blockhain same as happened to Bitcoin blockchain

Let's see what will happened to Ethscriptions how these are evolved over time but if transactions fee are increased on ethereum due to higher number of transections that not good for ethereum nfts traders because ethereum gas or transection fee is already very high as compared to any other blockchain. Let's see what will happened

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