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Bitcoin Magazine: OnChainMonkey Sells for $100,000 in One of the Biggest Bitcoin Ordinal Sales
Read the new Bitcoin Magazine article by Reed Macdonald about our historic sale – Jason Fang, the founder of Sora Ventures, purchased one of the rarest OCM Dimensions NFTs for 4 BTC.
Still, the sale provides evidence the Ordinals market may yet challenge the wider NFT space. While crypto NFTs remain popular, ordinals are emerging as an alternative, as they are intrinsically tied to the most secure blockchain network in existence.
Bitcoin Magazine -
Cointelegraph: ‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum
Check out more coverage about our historic move from Ethereum to Bitcoin in Brayden Lindrea’s article for Cointelegraph.
While the migration process is rather complex, each new OnChainMonkey on Bitcoin will have clear provenance to the corresponding original Ethereum NFT. Holders will receive the corresponding Bitcoin Ordinal once they’ve burned the Ethereum NFT. However, Yang says the migration shouldn’t be too challenging compared to what Metagood has already accomplished in the Bitcoin Ordinals space.
Cointelegraph -
NFT Community OnChainMonkey Spends Over $1 Million USD to Migrate the Entire Digital Art Collection from Ethereum to Bitcoin
Read our official press release about moving our Genesis collection from Ethereum to Bitcoin with the support of our great community! Check here for more information.
“Our OCM community has conviction in our move to Bitcoin,” said Metagood CEO and co-founder and OCM Genesis Collection creator Danny Yang. “We have been involved with Ordinals since the beginning of the year, and the OCM community, in particular, has a great understanding of the potential and benefits of the migration to Bitcoin.”
OnChainMonkey’s official press release