Reading Time: 3 min BRC-20 tokens, also known as Bitcoin-based Tokenized Assets, are a type of token created on the Bitcoin blockchain using the Ordinals protocol. These tokens are designed to bring additional functionality and utility to the Bitcoin network, similar to how ERC-20 tokens have expanded the capabilities of the Ethereum blockchain. By enabling the creation and management of fungible assets on the Bitcoin blockchain, BRC-20 tokens open doors for the development of decentralized applications (DApps), decentralized finance (DeFi) protocols, and other innovative blockchain-based solutions.