Sappy Seal Launches NFT Inscriptions on the Bitcoin Chain
It is reported that the NFT project Sappy Seal announced on social media that it had started the casting of NFT inscriptions on the Bitcoin chain and would be …
It is reported that the NFT project Sappy Seal announced on social media that it had started the casting of NFT inscriptions on the Bitcoin chain and would be open to the public and holders of Sappy Seals. It is reported that the total supply this time is 101 NFTs and does not need Bitcoin wallets. Most of the supply will be distributed to holders of Sappy Seals. Wab.eth, the founder of Sappy Seals, said previously that he would issue the Bitcoin NFT series in the form of game-based Free Mint. At the same time, he also said that he had prepared relevant technologies to enable this series to trade on Ethereum. In addition, according to Dune Analytics data, the current number of NFTs cast by the Ordinals protocol on the Bitcoin blockchain has exceeded 138000.
Sappy Seal starts the casting of NFT inscription on the Bitcoin chain
Interpretation of the news:
Sappy Seal, the NFT project, has announced that it is starting the casting of NFT inscriptions on the Bitcoin chain. This new venture is set to be open to the public and holders of Sappy Seals, and the total supply this time is 101 NFTs. It is worth mentioning, that it does not require Bitcoin wallets. While most of the supply will be distributed to Sappy Seal holders, there are chances for others to bid for a share too.
The founder of Sappy Seals, Wab.eth, reveals that this Bitcoin NFT series would be distributed in the form of game-based Free Mint. This would enable users who hold Sappy Seals to get their hands on the new NFTs easily. In addition to that, there are other relevant technologies in place, to enable this series to be traded on Ethereum.
With the current hype around NFTs, it’s hard to not pay attention to this project. NFTs are unique tokens, secured by blocks of the blockchain network, and are used to represent ownership of digital items like music, videos, and art. NFTs have revolutionized the art world and have been creating extraordinary sales prices lately. In such a scenario, the Sappy Seal founder’s decision to launch NFTs on the Bitcoin chain is expected to shake up the market even further.
Moreover, according to Dune Analytics data, the current number of NFTs cast by the Ordinals protocol on the Bitcoin blockchain has exceeded 138000. Thus, it’s safe to say that the demand for NFTs on Bitcoin chain is only going to grow further in the upcoming days.
In summary, the decision by Sappy Seal to cast NFTs on the Bitcoin chain is bold and innovative. It opens up new opportunities for the NFT market and draws attention to Bitcoin’s potential as a means of exchanging digital ownership. The use of innovative technology and the upcoming launch of the game-based Free Mint are expected to make this launch a hit among digital collectors.
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