brian on Nostr: Ordinals, a new NFT network on the Bitcoin blockchain, has recently launched and is ...
Ordinals, a new NFT network on the Bitcoin blockchain, has recently launched and is gaining popularity. The most prominent NFT project on the platform is Ordinal Punks, which is inspired by Ethereum's CryptoPunks.
Ordinal Punks are 100-pixel avatars inscribed on the Bitcoin blockchain through the Ordinal project and can be traded. One Ordinal Punk recently sold for nearly $215,000, and another bundle of seven Ordinal Punks sold for $349,000. However, there is currently a lack of infrastructure for buying and selling these assets, and the current trading model is susceptible to scams.
Another notable Ordinal project is Bitcoin Punks, which is a replica of the original CryptoPunks project. The use of Ordinals has increased rapidly, with over 17,000 mints on the platform and 39,000 assets inscribed as Ordinals. However, the project is controversial among some Bitcoin enthusiasts and maximalists who argue that it goes against Bitcoin's original focus on financial assets.
Do you agree?
https://decrypt.co/120969/hottest-bitcoin-nfts-right-now-cryptopunks-clones
#nft #bitcoin
Ordinal Punks are 100-pixel avatars inscribed on the Bitcoin blockchain through the Ordinal project and can be traded. One Ordinal Punk recently sold for nearly $215,000, and another bundle of seven Ordinal Punks sold for $349,000. However, there is currently a lack of infrastructure for buying and selling these assets, and the current trading model is susceptible to scams.
Another notable Ordinal project is Bitcoin Punks, which is a replica of the original CryptoPunks project. The use of Ordinals has increased rapidly, with over 17,000 mints on the platform and 39,000 assets inscribed as Ordinals. However, the project is controversial among some Bitcoin enthusiasts and maximalists who argue that it goes against Bitcoin's original focus on financial assets.
Do you agree?
https://decrypt.co/120969/hottest-bitcoin-nfts-right-now-cryptopunks-clones
#nft #bitcoin