As of Bitcoin block 919296, all future Natcats supply will be automatically issued to Natcats holders through an on-chain decentralized distribution system.
Natcats will enable P2P Perpetual Distribution, a Bitcoin-native mechanism developed by @evonbit.
🧵👇
Two very nice rare Natcat sales recently
Getting tougher to acquire by the day
If anyone is ever going to get 1 of my rarer cats they are going to have to pay top dollar
I absolutely love rare cats and have been collecting them since mint day 2+ years ago
NATCATS is currently #1 in the Bitcoin Ordinals ecosystem over the last 24 hours.
Numbers don’t lie.
It’s showing the highest trading activity in the entire $NAT ecosystem on @satflow right now. People paper-handing this collection are going to regret it when the massive pump hits, especially once $NAT lists on Tier-1 exchanges. You don’t want to miss this one.
My conviction on @dmtnatcats is extremely high. The current market cap sits at 58 $BTC.
I see it realistically hitting 200 $BTC soon, that’s roughly 4x from here. I might even buy more soon. 😼
So, tell me, are you holding or planning to accumulate?
Please enjoy the following technical overview of P2P Perpetual Distribution, the new L1 distribution system recently deployed for @dmtnatcats. 🧵👇
https://t.co/y1CjrPSOxL
Q: Do holders have to inscribe new Natcats when they’re awarded?
A: Yes. The allocation of mint rights and the art rendering are automatic, and indexing occurs automatically on inscription, but holders must perform the inscription to create the new asset.
Mint rights remain with the parent Natcat until utilized and persist through transfer or sale (no expiry).
There is no mint fee for the inscription itself, though platform fees may apply depending on the platform used.
Bitcoin block 919296 has been mined and Natcats P2P Perpetual Distribution is now enabled.
All future Natcats supply will now be issued directly to Natcats holders.
https://t.co/fkYKYQojqr
Q: How will I know if my Natcat has been awarded mint rights for new supply?
A: After a Natcats Bitcoin block is mined (+4 blocks after to account for reorgs), the winner for the block becomes available and can be looked up via the on-chain index.
When checking manually, you’ll query one block at a time. You can also run a batch script or similar setup to generate a full list, making it easy for anyone to pull and share it with the community when new batches are produced and/or integrate the data into marketplaces/web tools.
Both the on-chain index and sample scripts are linked at https://t.co/BOZDEgTaII.
Q: Are there any team dependencies required to issue new Natcats supply?
A: No team dependencies. As of the Perpetual Distribution update, Natcats distribution operates entirely through a P2P network with all logic deployed fully on-chain.
Any holder can inscribe newly awarded cats using inscription platforms that support parent/child and delegation (or just by running a Bitcoin node with ord).
With the new update from @Evonbit for Natcats the holders win, not the bots and not the miners 😎
Every cat you hold is a potential inscription right to a new cat
Each cat has the same odds of pulling the most epic cat with never before released traits
Total game changer 👏
BREAKING: Future Natcats supply will now be automatically distributed directly to Natcats holders.
Excited to announce P2P Perpetual Distribution. This update ensures full decentralization and fair distribution of the @dmtnatcats collection over the years to come.
P2P Perpetual Distribution Activation Details
*Activates on block 919296
*No action required from holders
*Natcats automatically allocated to holders via on-chain lottery
*New Natcats can be inscribed on platforms providing full support for delegation and parent/child inscription
*No mint fee (platform processing fees may apply)
*The Natcats index is now deployed on-chain (link in whitepaper) and serves as the authoritative index moving forward
*Native UNAT rendering now enabled
*A portion of supply is allocated to the formation of a Natcats Treasury
Natcats Whitepaper + P2PPD Documentation:
https://t.co/fkYKYQojqr
As of Bitcoin block 919296, all future Natcats supply will be automatically issued to Natcats holders through an on-chain decentralized distribution system.
Natcats will enable P2P Perpetual Distribution, a Bitcoin-native mechanism developed by @evonbit.
🧵👇
These updates ensure the full decentralization of Bitcoin’s first natively generated collection — securing the project’s autonomy and permanence over the years to come.