Every marketplace on Bitcoin got Ordinals trading wrong! Why? Nobody took the Bitcoin time seriously, and thus nobody created what's long been overdue: a mempool marketplace.
RBF sniping (replacing a pending buy transaction with one’s own buy) has been pestering users of the biggest marketplaces on Bitcoin for a few months now, with no solution in sight. You can execute a well-planned buy and still not get the Ordinal, especially if the floor price has a positive movement. Moreover, you can witness your transaction in the mempool being sniped and you can’t do anything about it.
Enter Magisat: the mempool marketplace!
A mempool marketplace tracks every buy of an ordinal and makes it available for trading up until the time it's spent in a confirmed transaction.
Bitcoin blocks take 10min on average. Compared to an eth block, that time is a very long time and that time creates too many opportunities for "snipers/bots/dev cabals" to simply be ignored. A mempool marketplace empowers the users to secure their buy, fight back, or even snipe some great opportunities themselves. It's only fair if everyone has the same tools at hand. This is what we aim for. Without a mempool marketplace, the only other option is custody and centralization. In the spirit of Bitcoin and Satoshi, we believe that avoiding a big centralized marketplace for Ordinals trading is paramount.
Magisat covers inscriptions and rare sats and it already has the 4th biggest volume on the Bitcoin chain by a good margin, but we are planning to tap into runes and BRC-20 as well.
Source: https://dune.com/domo/ordinals-marketplaces
Trading:
RBF sniping marketplace
Instant snipe feature ( https://magisat.io/instant-snipe )
PSBT-based trustless listing and buying feature
Bulk listing and bulk buying (“sweep feature” up to 50 items)
More settings and configurations (such as multiple destination addresses for the sale proceeds)
The most categories of rare sats identified by any existing marketplace
Research channel on discord for discovering and theorizing categories of rare sats, rbf opportunities, in which the brightest minds in the Ordinals Space participate and bring valuable input
Trading information: we research total supplies, circulating supplies, and concentrations of different rare sats
Activity and history of purchases, volume measuring, and other tools
Alerts for sales via email
Preview of the Magisat Mempool Marketplace, runestones collection: https://magisat.io/collection/runestone
Marketplace view & sweep feature
Global Sales Activity (per category & other filters available as well)
Identification and address scanning:
Intuitive experience for scanning user addresses for rare satoshis via our main search bar
In-depth information about identified satoshis and inscriptions
The best visual representation of different satoshi and inscription categories
My profile: detection, transfer tools, and isolation tools
Tooling:
Isolation Tool: one one-click/one-transaction isolation feature for UTXOs containing rare sats.
Transfer Tool: one transaction transfer tool for multiple satoshis (leaving the individual UTXOs unchanged)
Safe spend: we offer the possibility for safe spending Bitcoin: transferring Bitcoin from a wallet containing rare satoshis without the possibility of spending them on fees
Magisat Isolation Tools
Education Hub:
