@RuneCatsxyz@BitcoinFrogs bc1pmasezcem5ah7k4endr07nd54azrzy9zt6k5vd3ape8egge4dcphssf73t9
I staked my frog in Merlin, you can check it here:
https://t.co/GBlbZPzmxd
The universe gave us @Evonbit and because of this Bitcoin gave us @dmtnatcats and an entire ecosystem of DMT creators actively leveraging the most innovative approach to digital asset manifestation in all of NFTs #UNAT
We interview Ev and speak on the crazy journey he has been on 👇
How to Create the CryptoPunk of Ordinals | Interview w/ Ev Founder of NatCats | TBR #206
https://t.co/b6dhkekZgz
Since the release of the UNAT addition to the DMT framework about 6 weeks ago, Natcats have taken the NFT space by storm by introducing for the first time a truly unique value proposition to the digital asset space. Ev, founder of Natcats was the first to deploy an art collection that fully utilized the Unique Non-arbitrary Token framework. This enables the digital asset supply existence and the artistic characteristics of the art itself to be solely determined by block data.
Up until now all NFT art collections have had arbitrary supplies, largely in the realm of a 10k supply which was a market narrative set forth by Cryptopunks in the early days of NFTs. Now, due to the introduction of DMT, non-arbitrary digital asset genesis can be produced by the Bitcoin blockchain itself by leveraging existing NAT frameworks and clever utilization of inscription native technologies such as recursion. Since the deployment, Natcats has generated more than 500BTC in secondary market volume and is quickly gaining awareness among some of the biggest NFT players who are desperately seeking new innovations in the digital asset space. We break down with Ev his experience since launch and his motivations behind the creation itself, as well as future plans.
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Disclaimer: The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
Big issue faced in Ordinals, summed in a few pictures:
1) Buyer buys a new NodeMonke. Tweets about it.
2) MagicEden says "sale is done" in its sidebar, suggesting the NodeMonke is his
3) Floor is now higher and snipers in the Mempool see they can get a NodeMonke for 0.59 when floor is now 0.63
4) They pay extra miner fees and snipe the NodeMonke
5) List it for 0.04 BTC higher and original buyer pays the higher price, essentially paying snipers a $2500 tax relative to original listing
Probably one of the worst user experiences in the space.
Only solution I can think of right now is that exchanges don't call sales "sales" and instead make it clear in the UI that an initial purchase is essentially just setting off an auction til the block closes.
Big issue faced in Ordinals, summed in a few pictures:
1) Buyer buys a new NodeMonke. Tweets about it.
2) MagicEden says "sale is done" in its sidebar, suggesting the NodeMonke is his
3) Floor is now higher and snipers in the Mempool see they can get a NodeMonke for 0.59 when floor is now 0.63
4) They pay extra miner fees and snipe the NodeMonke
5) List it for 0.04 BTC higher and original buyer pays the higher price, essentially paying snipers a $2500 tax relative to original listing
Probably one of the worst user experiences in the space.
Only solution I can think of right now is that exchanges don't call sales "sales" and instead make it clear in the UI that an initial purchase is essentially just setting off an auction til the block closes.
Imagine fading Natcats after listening to this
The hardest data = BTC ⛏️
"Physics" of the metaverse provided by block data 🧬
Highly recommend digesting this one🎧
🎉 GIVEAWAY 🎉
We're giving away OG NODEBIRD #25.
All @nodebirds holders get BORDS whitelist spots for each bird they own.
🔶Tag some Gamoors
🔶Like & Retweet
🔶Follow @MemeticBlock & @nodebirds
Don't miss out - Winner will be announced 04/08/2024
🎉 GIVEAWAY 🎉
We're giving away OG NODEBIRD #25.
All @nodebirds holders get BORDS whitelist spots for each bird they own.
🔶Tag some Gamoors
🔶Like & Retweet
🔶Follow @MemeticBlock & @nodebirds
Don't miss out - Winner will be announced 04/08/2024