all about cryptop referances
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now many collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections like Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks, Ordinals Eggs, Block Munchers and more. Although the inscription trend is still young, several collections are trying to establish themselves in this emerging market, and some are selling for significant value.
These days, there are many Ordinal inscriptions on the Bitcoin blockchain as the demand for the technology has greatly increased. For years, blockchains like Ethereum have established gatherings like Bored Ape Yacht Club (BAYC), Cryptopunks, Azuki, Moon Birds, Doodles, Mutant Ape Yacht Club (MAYC) and others.
Some of these non-fungible tokens (NFTs) have become known as “blue-chip” NFTs, as they have maintained significant value and have been selling on the open market for several years. For example, BAYC and Cryptopunks currently have the highest floor values among all the collections.
Confirmed trade: Ordinal Punk 16 for Cryptopunk 4155 by
— Ordinal Punk Sales (@OrdinalPunkSale) 19 February 2023
Many newly minted Ordinal inscription collections are similar to ideas originating from popular Ethereum collections, such as Ordinal Punks collection. The collection contains different versions of pixelated punk characters, with only 100 of them available, as opposed to the 10,000 available Cryptopunks.
For those interested in pixelated punk characters, there are other collections such as Punks on Bitcoin, Satoshi Punks, DOS Punk 256and Yeti Bit Club. Similar Rare Pepe NFT Collection made with counterpart, there are many collections dedicated to Pepe the frog, included Inscribed Pepes and Immortal Pepes.
Other notable collections include Ordinal Rocks, Block Munchers, Ordinal penguins, Bitcoin Toadz, XC Pinata, Ordinal eggs, Planetary OrdinalsOrdinal Smokes, and Based on monkeys. Ordinal Punks have sold for considerable value and recently some shopped Cryptopunk #4155 for Ordinal Punk 16.
Most Ordinal Punks sell for prices between 3.7 BTC and 5.4 BTCand three days ago Ordinal Eggs so it saw 4 BTC in over-the-counter (OTC) volume. Bitcoin Toadz recently sold #4913 for 2.5 ether, and another sold for2.8 ether.
The creator behind Ordinal Shardsa collection of 100 shards inscribed on the Bitcoin blockchain, so the sale has been in both ETH and BTC. Besides the collections talked about on social media, there are a large number of Ordinal inscriptions on the chain, which may be collections in the future or have an unknown meaning.
There is also text, numbers, weird fonts, 1 kb gold bars, quotes, videos, animations and audio messages. There have been some critics of the Ordinals trend who have called it “spams” in relation to older generation counterparty-issued assets. Some have too asked the truth of OTC sales associated with Ordinal inscriptions.
What do you think of all the Ordinal inscriptions and collections on the Bitcoin blockchain? Let us know what you think about this topic in the comments section below.
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