Originally aired on May 31, 2023
Danny Yang, co-founder and CEO of Metagood, discusses the Ordinals protocol on Bitcoin and the groundbreaking project, OnChainMonkey, which is the first 10k NFT PFP collection created in a single transaction on Ethereum and the first 10k inscribed on Bitcoin. Yang explains how Dimensions, a 3D generative art collection on Bitcoin, uses the Ordinals protocol and how it empowers creators to generate new types of NFTs on Bitcoin.
Dimensions Collection Uses Ordinals Protocol on Bitcoin:
- Danny Yang discusses how the Ordinals protocol on Bitcoin empowers creators to generate new types of NFTs on Bitcoin
- Metagood’s Dimensions collection is a 3D generative art collection designed to push the boundaries of the Ordinals protocol
- The collection will be available for minting on June 15th, with 300 spots available for those who applied, and will be available on secondary markets
- OG OnChainMonkey (OCM) holders can receive a Dimensions token by burning a dessert token
- Aspiry’s Bugatti Egg collection uses the same technology as the Dimensions collection, highlighting the potential for Bitcoin-based NFTs to generate transaction fees for Bitcoin miners
- Bitcoin fees will be tied to the utility and use of Bitcoin on the blockchain, which will likely increase as new types of NFTs are created using the Ordinals protocol