Bitcoin Magazine Editorial Policy on Bitcoin Tokens

Generating random tokens based on the Bitcoin protocol is by no means new.

Over the current 15-year history of Bitcoin, there have been many attempts to create compatible protocols that leverage the data storage provided by Bitcoin nodes to allow for the creation of new cryptocurrencies and crypto-assets. There have also been numerous attempts to market these assets to the public through sales, mining schemes, or more creative issuances.

However, as market activity surrounding the BRC-20 protocol escalates, we feel the need to take this opportunity to reaffirm Bitcoin Magazine’s editorial position.

Effective from January 2024:

• Bitcoin Magazine Remains open Platformization Dialogue on Token Standards – From the early days of Counterparty to modern attempts to use Lightning for asset issuance (Taproot Assets, Synonym, RGB), Bitcoin Magazine has always reported on new Bitcoin-based token protocols in news and opinion articles.

  Since the Bitcoin token standard is a technical concept representative of the scientific debate about the limitations and potential of the network, we believe it is in the public interest to discuss these protocols and increase understanding of their capabilities.

Therefore, we will continue to publish content about these protocols, the differences between them, and how they compare to products in the broader cryptocurrency market.

• Bitcoin Magazine Remains Oppose Platform conversations about market activity of Bitcoin tokens or token issuers – Bitcoin Magazine will maintain its long-standing policy of not covering the market performance of both Bitcoin assets and Bitcoin asset issuers. This extends to discussions of exchange listings and market movements, even when mentioned in unrelated news and opinion content.

• Bitcoin Magazine Remains open Platform conversation about new issuance and market distribution mechanisms utilized by Bitcoin token issuers. This includes potential developments in mints, auctions and distribution tactics and the various technological and regulatory ramifications of these methods.

• Bitcoin Magazine Remains open We provide a platform for dialogue and criticism about our policies and their validity. We believe the aforementioned policies provide the greatest benefit to our readers while minimizing the risk of consumer harm, but we welcome critical feedback. Submissions can be sent to editor@bitcoinmagazine.com.

This policy statement does not apply to our stablecoins or Ordinals coverage.

Additionally, it relates only to BitcoinMagazine.com and its print publications and does not represent the policies enforced by the Bitcoin Magazine social media team or the Bitcoin Conference. Rare BTC or UTXO ManagementIt is an institutional fund owned and operated by BTC Inc, which may provide exposure to a variety of Bitcoin-based tokens or token issuers.