A huge thank you to everyone who stopped by the Canaan booth @gitexasia! ๐
We had an incredible time connecting, showcasing innovation, and celebrating our Avalon Nano 3S giveaway winners! ๐
Until next time โ happy mining! โก๏ธ
#CanaanInc#GITEXAsia#AvalonNano3 #TechInnovation
Got asked in ordinals nyc and asia what the hell are these frogs?
A) I used to collect pepe gifs in a folder to share them and these dank frogs are designed to be put on-chain and given away. I hope people have a fun time!
B) When we started I thought wouldn't be cool if they are designed to resemble Bitcoin - inclusive, decentralised and scarce thus they are given away for free and fair.
C) They look dank and is a 10K generative PFP project.
NFTs really started on Bitcoin in 2016 when Rare Pepe cards were released because Bitcoiners wanted to make Pepes rare (certificate of authenticity). A good rare pepe card is judged by its dankness, age and supply. And uses a card template model.
Bitcoin Frogs are designed to look dank. It's hard to describe what looks dank but the closest I can describe is that it looks ugly cute but has hell of a personality! They have blue puppy eyes and looks like they're ready to learn about Bitcoin again. And many traits came from the Pepe cards to honour that history.
Whatever they tweet feels funny or light-hearted. On the internet, Pepes are dank, and at first glance they look strange but it grows on you! One Ethereum, I'm a fan of Sappy Seals and Miladies.
Many animals showed up for the audition but we settled with frogs because they feel dank. Everybody loves frogs and are a lucky charm in many cultures and religions. They are crypto's most beloved amphibian. The rags to riches story with dogs and frogs is as old as time - underdog-ism and the frog-to-prince story.
Later, the 10K generative PFP model took blockchain's ability to give digital art a certificate of authenticity to the next level. By ironically looking the same but different it highlights the certificate of authenticity.
D) Exploring Bitcoin as a canvas. The beauty of it is that the art is on-chain and on Bitcoin. Instead of certificate of authenticity now, on-chain art is data of authenticity, takes up blockspace stored in the witness data. That's beautiful because on-chain generative art is a new frontier in the digital art space. And they're on Bitcoin, the golden canvas.
Because it's Bitcoin there are no smart contracts and a Bitcoin block size is 4Mb, it is expensive to make NFTs. A Bored Ape jpeg would cost a few hundreds dollars per jpeg and these fees go to miners. Which is unlike other chains where you could pay a little to bulk create a 10,000 piece collection.
The theme is how to put dank art in small spaces. We went with pixel art and and color generative combination to make these frogs shine by contrast because different colours don't add more space:
#a2a2a2 #8c8bff #ffb68b #434152 #ff8b8b #8bc9ff #8bfffa #ff8ccc #7f5450 #8bff9b #ffea8b #daff8c #f6931a with intentional outliers (light gray, charcoal gray, deep taupe) generated against #b31f1f #90572d #2451b6 #227915 #434343
These gives frogs more character under 5Kb, and when further compressed it to webp. format it saves more space.
Another interesting thing about Ordinals is that they're inscribed on Satoshis and have satoshi-based rarities. We made the frogs visual traits to have the same rarity but the sat rarity determined randomly. And the unprecedented thing happened is - the 2009 frogs are the rarest at 256 while the 2010 frogs have 1299, and 2023 frogs have 505, we also have a frog on a "pizza" sat. Some frogs are baby frogs and some frogs are old frogs haha! People also love the Golden Glass or Bitcoin Shirt traits. Or a specific combination of 2-3 traits.
E) The price and community that came up surprised me. They spread the love of ordinals infectiously and popularise ordinals, marking a turn in history for Bitcoin.
Thank you Danny and Joey despite me being difficult to work with at times. All love ๐ธ