Why I like @OnChainMonkey Founder inscribed all 10,000 Genesis OCM into one ordinal Transaction #20219, similar to being the first ETH 10,000 pfp all launched in one transaction in September 2021 to be on chain. He inscribed 20219 on BTC to commemorate that. 9/2021
The first tier-1 CEX to step up and spot list $DOG will experience the full extent of the $DOG effect
It will be the highest engagement listing announcement they have ever done
They will gain thousands of new user and billions of dollars of new volume
Where does the value and substance in Ordinals lie?
To me, it is in culture. It is in art, and technology, and human input, and non-human input, and the exploration of the Bitcoin blockchain at this point in time, and the interesting things that are created and etched on-chain as a result.
What excites and interests me, personally, are the same things that drew me into being excited about Ethereum NFTs in the first place: art and collectibles.
CryptoPunks were the holy grail to me for the longest time because they signified culture; they signified a movement in crypto and cypherpunk history. They signified a pivotal moment in time for digital ownership and identity.
Chromie Squiggles and Art Blocks in general have enamored me for the longest time because they signify culture; a movement in crypto, in generative art history, and art history in general.
Larva Labs lit the fuse with Punks & Autoglyphs; Art Blocks poured gasoline on that fire and lit the generative art wold alight, and there is now a thriving gen-art community and movement, with a lot of other incredible generative art platforms and non-Art Blocks artists also thriving. Would all this have existed without Art Blocks? For sure. Would gen-art be as far along, as large, thriving, and well-known as it is now without Art Blocks? You’d be hard pressed to find a soul that would answer yes.
XCOPY is XCOPY not purely because of the aesthetics of their work, but because of the role they played and journey they took in being an integral part of 1/1 crypto art history; culture.
These are the things I am looking for on Bitcoin. The things that, years from now, someone like me (or maybe even me!) will look back and go “ah, wow, yes, that piece, that artist, that collection, that was pivotal to an entire movement; that was the creation and propagation of culture”.
Do I know what they are? I have some ideas, and I don’t think it’s too difficult to identify them if you spend some time looking at the projects out there. Things like OCM Dimensions come to mind, and other projects pushing the whole space forward. Artists like Nullish come to mind. Whether their Ordinals themselves are currently over or undervalued, or will go up or down in price, in the short or long term… nobody really knows, and I am certainly not going to pretend to.
[Disclaimer: I own 2 Distortions by Nullish].
One more thing to mention — there’s another common thread between all of the above projects: none of them set out with massive profit front-of-mind. Punks were free to claim. Squiggles minted for about $10. XCOPY started out trying to sell their pieces for $1. And actually, the original OnChainMonkeys collection was a free, stealth mint, too, come to think of it. I think some of Nullish’s early work was given out for free, too.
There is absolutely nothing wrong with making money, or for commanding a higher mint/purchase price, of course. More power to the creators that are able to create, and sell, whatever, at whatever price. As a collector + investor though, I am always just a little bit weary of hyped allowlists and high mint prices where a large % of the people minting are hoping to flip for a profit in the short term, is all.
I think that Bitcoin as a canvas (shoutout @dazza9) makes a lot of sense for cultural artifacts: art + collectibles. I think most projects already out + coming out do not fall into the category of things that are going to be relevant a year or 10 from now, but there are exceptions worth searching for.
What is going to be the Punks, Squiggle, XCOPY, etc, of Bitcoin Ordinals? Is the thing I am buying a meaningful piece of culture? These are the questions i'm asking myself every time I think about buying something.
You can for sure make money by finding the next Apes, Azuki, Memeland, Pudgies, etc. There's lots of value in community-based projects, and there are already some s-tier communities in the Ordinals space. But for my personal collecting, these days I tend to want to look for the things that have little-to-no external dependencies for long term value accrual to occur.
I also think the Ordinals market is likely a bit overheated at the moment. In terms of amount of attention on the sector, we're probably at or near ATHs. I suspect there will be many more quiet periods where those seeking quick riches dissipate and those in it for the tech, the art, the people, the curiosity, the discovery, and the culture, will remain.
I hope to be part of that community and explore what the future holds for Ordinals. It might be nothing significant. It might be more significant than any of us can imagine.
We shall see.
This Teleburn contract only works with one eth collection. Anything else will get drained.
Go ahead, connect your hot wallets.
Free yourself from the enforced royalties.
Free yourself from the VCs and corporations.
The ETH foundation is dumping on you.
Come home to Bitcoin 🫡💚
“1 🔥= 1 WL ?”
The Day is Finally Here ⚡️
If you’re on the OCM Dimensions 300 List, you can go to https://t.co/7pIMs66RgQ and Mint. The 300 Mint is live Now until 4PM PT.
We are adding a new Dimension to Bitcoin. Dimensions is first-of-its-kind, high-end 3D interactive art that uses the DNA of Genesis. Dimensions will be the foundation of many skyscrapers in the future and owning one will have historical significance as we build on Bitcoin.
Everyone in our Wealthy Digital Nation is a part of history today. Congratulations to the 300 and good luck to everyone minting!
!RISE 🟧