Since its debut in January 2023, Ordinals have been the talk of the town in the world of digital collectibles. But for many newcomers, diving into the Ordinals universe can feel like navigating a maze of unfamiliar terms and concepts. Fear not! We’re here to shed some light on the essential aspects of Ordinals Metas, making it easier for you to grasp the ins and outs of this exciting market.
Here’s a list of 7 ordinal metas to pay close attention to.
1] Teleburning
What’s the Scoop? Let’s start with teleburning. This fancy term refers to the nifty trick of teleporting an NFT from one blockchain, like Ethereum or Solana, to Bitcoin. Sounds like magic, right? Well, sort of. Teleburning involves burning the NFT on its original chain and then inscribing it onto Bitcoin. Think of it as a cross-dimensional journey for your digital collectibles. Pretty cool, huh? But beware! While teleburning might seem like a free-for-all, it’s essential to note that not all projects consider it an official transfer. So, tread carefully, my friend.
2] Domain Names
Claim Your Piece of the Digital Pie Just like in the real world, domain names matter in the digital realm too. On Bitcoin, snagging a domain name is a breeze, with no renewal fees to worry about. Plus, you’ve got a wide array of Top-Level Domains (TLDs) to choose from. Whether you’re eyeing a .sats or something more out there, the key is to be the first to inscribe it. It’s like calling dibs on the coolest spot in cyberspace!
3] File Size Matters
Size Isn’t Everything, But It Counts Size does matter, especially when it comes to inscribing files on Bitcoin. The bigger the file, the heftier the fees. With a cap of 4 MB per block, you’ve gotta be savvy about how much digital real estate you’re occupying. But fear not, even the tiniest pixel art can find its place in the vast expanse of Bitcoin.
4] Inscription Numbers
Where Every Number Tells a Story Every inscription on Bitcoin gets its own special number, sort of like a digital birth certificate. And boy, do these numbers hold sway in the world of Ordinals! From coveted single-digit inscriptions to the elusive <100K Club, each number tells a tale of its own. It’s like being part of an exclusive club where being early pays off big time. This is one of our favourite ordinal metas. If the good ol’ ENS clubs taught us anything, people like low numbers.
Check out some of the record-breaking sales on low inscriptions in our recent blog.
This iconic meme inscription #1560 is listed at 0.25 BTC.
5] BRC-20
The Fungible Friends of Bitcoin Fungible tokens, aka BRC-20 tokens, are the cool kids in the Bitcoin ecosystem. While most are just for laughs (looking at you, meme coins), there’s potential for so much more. Imagine governance tokens and DeFi tokens making waves in the world of Bitcoin. The possibilities are endless!
6] Rare Sats
Uncovering Hidden Gems in the Bitcoin Universe Last but not least, let’s talk about rare sats. These little beauties hold a special place in the hearts of collectors. Whether it’s sats from the historic pizza purchase or those minted by Satoshi Nakamoto himself, rare sats add a touch of magic to the world of Ordinals. Plus, artists can get creative by inscribing on these special sats, turning them into digital masterpieces.
7] Ordinal Airdrops
The Ordinal ecosystem has been popping with airdrops lately. For example, the Runestones were airdropped to 80k unique ordinal wallets in March, and its floor is currently trading at 0.05. On top of that, whoever didn’t sell their airdrop already received 2 new airdrops from other ordinal projects. And it keeps going.
We dedicated a blog to Ordinal Airdrops 2 months ago, I suggest you have a look.
Final Thoughts on Ordinal Metas
And there you have it, folks! A crash course in all things for Ordinal Metas. So, what are you waiting for? Dive into the world of digital collectibles and unlock the magic of Ordinals today!
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