What are Bitcoin Ordinals and How Do They Work?

The Ordinal Punks collection, a tribute to the legendary CryptoPunks, has an irresistible charm that can’t be denied. This special set of 100 NFTs, called Ordinal Punks, was made as part of the first 650 inscriptions on the Bitcoin blockchain. The highest number of inscriptions in the set is #642, so it is very rare. The collection is made up of PFP images with 192192 pixels.

To create an inscription, Bitcoin’s infrastructure needs a full Bitcoin node. FlowStay acts as an escrow for the Discord community by keeping track of bids and offers for the Ordinal Punks collection on a Google Sheet.

Bitcoin Rocks is a tribute to the first NFT collections on the Ethereum chain. The person who made the collection, or rocks, did a great job capturing the look and feel of its predecessor, Ether Rocks. There are only 100 Taproot Wizards to collect, and the web3 community is already interested in them. Also, some listings have gone as high as 1,000 BTC, more than $22 million. When this was written, the lowest bid for an NFT in the collection was 2.7 BTC.

Bitcoin Rocks has a good chance of becoming much more valuable over time. It’s an interesting way to make NFTs that pays homage to one of the first NFT collectible projects. Also, this collection has already made history on the Bitcoin chain and will likely become more valuable. The number of people who want rare and unique NFT collections keeps increasing. Bitcoin Rocks will be a big part of the NFT world for a long time.

Timechain Collectibles is a set of 21 very limited Ordinals showing different clocks, such as ancient calendars, pocket watches, cyberpunk watches, and more. All the pieces were made simultaneously, with the same Inscription number from 356 to 377.

Independent Web3 developer Udi Wertheimer made hand-drawn NFT wizards for a Taproot Wizards collection. The first Ordinal in this collection was the biggest block ever recorded on the Bitcoin blockchain. Taproot Wizards are only written about a few times on the blockchain. Only six of them have been checked off on the Discord verification page. Even though the Taproot Wizards collection only has a few inscriptions, it has much potential.

Ordinal Loops is a group of non-fungible tokens that are very popular because they have low Inscription numbers on the Bitcoin chain, starting with Inscription 452. The collection is made up of a mathematical torus that spins. It is one of seven similar animations that are part of the first of three drops the Ordinal Loops team plans to release.

The first set of NFTs in the collection shows the project’s current story chapter, “Do Not Fiat,” in which “Bitcoin ASCII fights the army of the five main government currencies – forever.” 

In crypto collectibles, Ordinal NFTs have become an exciting new frontier. As more and more people sign up for Inscriptions, the community around these unique NFTs only gets stronger. Even though the Ordinals market is still young, the best collections are already selling for crazy amounts of money and making collectors and investors excited.