• Ordinal Theory is a numbering scheme that gives every Satoshi a number, allowing for each sat to be tracked and transferred.
• This enables the creation of digital artifacts, known as Bitcoin NFTs, which are stored directly on the Bitcoin blockchain.
• Here are five popular Bitcoin Ordinals collections worth checking out.
What Are Bitcoin Ordinals NFTs?
Created by Bitcoin developer Casey Rodarmor, Ordinal Theory is a numbering scheme that gives every Satoshi a number, allowing for each sat to be tracked and transferred. These numbers are referred to as Ordinals, and each Ordinal is numbered in the order they are mined. The creation of Ordinals enables digital assets, such as security tokens, stablecoins or NFTs to be attached to an Ordinal. Through a process called inscribing, these Ordinals can be inscribed with content (such as image or video files) to create on-chain crypto collectibles which have now widely become known as Bitcoin NFTs. These NFTs are stored forever directly on the Bitcoin blockchain whereas traditional Ethereum NFTs are stored in third-party databases.
Popular Bitcoin Ordinals Collections
Let’s look at some of the popular collections that emerged when this new type of asset was introduced:
The first collection on our list is Bitcoin Shrooms – one of the first ever created with only 210 ‘Digital Artifacts’ inscribed into the blockchain so far. The collection has yet to go up for sale but it’s shrouded in mystery and anonymity due its unknown creators – adding even more intrigue for collectors eager to purchase one of these pieces someday soon!
The second collection gaining traction amongst collectors right now is called ‘Ordinal Punks’ – an 8-bit themed series featuring unique characters ranging from robots to aliens! There are currently 500 different Punk cards available across two editions; ‘Mint Edition’ and ‘Legacy Edition’ both with their own distinctive characteristics making them desirable amongst avid crypto art fans!
Bitcoin Flag Collection
The third collection on our list is inspired by classic flag designs from around the world – aptly named the ‘Bitcoin Flag Collection’! This series features flags from all over including nations like Canada and Japan alongside eye-catching abstract designs like those seen in South Africa and Vietnam! Each flag also comes with its own unique rarity level depending on how many times it has been minted so far making them highly sought after items within this rapidly expanding ecosystem!
Fourthly we have Bitcraft – another 8-bit inspired set perfect for gamers looking to get into collecting crypto art! With an evergrowing array of different characters available you can find everything from knights wielding swords all way through space travellers equipped with laser guns ready battle against their enemies (or friends!) online anytime they want! All Bitcraft cards also come with special attributes giving each character its own strengths & weaknesses making them fun additions any collector’s portfolio!
Last but not least we have Cryptopunks – one of the most popular collections since its launch last year! This series features 10 000 individual punks ranging from cute & cuddly animals through futuristic cyborgs all way back historic icons like Napoleon or Julius Caesar giving everyone something interesting add their collection no matter what style they’re into collecting!