DeGods’ Founder Announces Resurrection of Destroyed NFTs on Bitcoin Blockchain through Ordinals
According to reports, Frank DeGods, founder of DeGods, announced on social media that 535 DeGods NFTs that had been destroyed before had been \”resurrected\” on …
According to reports, Frank DeGods, founder of DeGods, announced on social media that 535 DeGods NFTs that had been destroyed before had been “resurrected” on the Bitcoin blockchain through Ordinals. Frank DeGods said that the 535 recast NFTs were not randomly generated, but were all in a Bitcoin block. According to the data of Dune Analytics, the number of NFT “inscriptions” of Bitcoin minted by the Ordinals protocol has reached 77059.
The founder of DeGods announced that 535 destroyed NFTs have been “resurrected” in the Bitcoin blockchain
Interpretation of the news:
DeGods is once again in the spotlight as its founder, Frank DeGods, announced on social media the ‘resurrection’ of the 535 DeGods NFTs that had previously been destroyed – this time through Ordinals on the Bitcoin blockchain. The move has sparked interest and excitement in the world of Non-Fungible Tokens (NFTs), as many believed that these digital assets, once lost or destroyed, are gone forever.
According to Frank DeGods, the 535 recast NFTs were not randomly generated but were instead all in a Bitcoin block. The Ordinals protocol is responsible for minting NFTs on the Bitcoin blockchain, and the number of NFT inscriptions has now exceeded 77,000. These developments have profound implications for the world of NFTs, as previously lost or damaged digital assets could now be ‘resurrected’ using advanced blockchain protocols.
The use of blockchain technology makes it possible to record the ownership and authenticity of digital assets, thus making them valuable and tradeable. NFTs are not fungible; they are unique and carry sentimental value for many collectors. The DeGods NFTs, in particular, are coveted by many and are known for their rarity and quality. The ‘resurrection’ of these destroyed NFTs adds another layer of value and exclusivity to the digital collector’s item, making it even more desirable.
Furthermore, this announcement showcases the power and potential of blockchain and its various use cases. Blockchains are not just used for financial transactions but also for securing and authenticating numerous digital assets, including NFTs. The development of advanced protocols like Ordinals that allow the minting of NFTs on the Bitcoin blockchain creates more opportunities for individuals and businesses to leverage the technology in unique ways.
In conclusion, the announcement of the ‘resurrection’ of the destroyed DeGods NFTs through the application of advanced blockchain protocols on the Bitcoin blockchain is a significant development in the world of NFTs. It emphasizes the potential of blockchain technology to revolutionize the way we create, own and trade digital assets. DeGods’ successful implementation of Ordinals has created new possibilities for collectors and investors in the blockchain ecosystem.
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