• Magic Eden Launches Bitcoin NFT Marketplace
• Ordinal NFTs are inscribed in the witness portion of BTC transactions
• The marketplace allows users to list, bid, buy, and sell these inscriptions
Magic Eden Launches Bitcoin NFT Marketplace
Multi-chain non-fungible token (NFT) marketplace Magic Eden has launched a „fully audited“ marketplace on the Bitcoin network as interest in Ordinal NFTs continues to grow. The platform aims to empower collectors and creators, giving them access to appropriate tools.
What are Ordinal NFTs?
Ordinals are Non-Fungible Tokens inscribed in the witness portion of BTC transactions. The inscriptions can be images or videos, and they leverage the Taproot soft fork. They are also used to number satoshis on the Bitcoin protocol.
The Impact of Ordinals on User Activity
The launch of Ordinal NFTs increased user activity on Bitcoin, as users with non-zero bitcoin balances found a non-monetary purpose to be on the network. More than 500,000 inscriptions have been made on the Bitcoin protocol, with the average number of Ordinals transactions per block being 250.
Features of Magic Eden’s Marketplace
Magic Eden’s new marketplace allows users to list, bid, buy, and sell these inscriptions or NFTs. To make this easier, the company has partnered with Bitcoin wallets Hiro and Xverse.
The launch of Magic Eden’s marketplace showcases their ability to overcome technical barriers while providing users with an easy way to buy and sell collectibles using Bitcoin transactions.
• Kialara is a cold-storage wallet created 10 years ago to protect private keys over a long period of time.
• The latest edition, Kialara Builders, is made from .999 Monocrystalline silicon and features a robot made up of mining parts.
• A new trustless wallet model will soon be released, responding to the growing need for self-custodial design.
Kialara Project: Preserving Bitcoin Using Art
Kialara is a cold-storage wallet created ten years ago by Max Mellenbruch with the aim of preserving private keys over a long period of time and safeguarding them against physical deterioration. This innovative concept uses beauty itself as an agent of preservation, turning Kialara into an intriguing piece of contemporary art.
Kialara Builders Edition
The latest edition, Kialara Builders, pays tribute to the technologies that led to the advent of Bitcoin. It is crowned with a shiny chunk of .999 Monocrystalline silicon and features a little robot made up of mining parts representing the incessant „race towards the block“ undertaken by each miner that makes up the Bitcoin network worldwide.
Trustless Wallet Model
A forthcoming edition will mark a transition towards a trustless wallet model enabled by self-custodial design; this release responds to the growing need for such models in order to protect users’ funds more securely.
Each edition has been meticulously hand-assembled using precision-machined SUS304 stainless steel housing for added protection. The aesthetic and conceptual themes developed for each edition have gained admiration from loyal customers keen on collecting them all.
Kialaras provide an interesting way for bitcoin holders to store their funds securely while also gaining access to unique pieces of art – making them attractive investments in both form and function!
• Grizzly.fi, a DeFi platform, is giving away a Tesla Model 3 to celebrate the release of their new roadmap.
• The giveaway will end on March 20th and was organized in collaboration with many well-known DeFi companies.
• To participate in the giveaway, users should access the giveaway page and complete certain actions.
Grizzly.fi Announces Tesla Model 3 Giveaway
Grizzly.fi, a DeFi platform that wants to make DeFi accessible to everyone, announced a collaboration with some big names in the DeFi world to give away a Tesla Model 3 on March 6th, 2023. The giveaway was organized to celebrate the release of Grizzly.fi’s new roadmap which will take place on March 10th and will end on March 20th.
Why Is Grizzly.fi Doing this?
The team at Grizzly.fi hopes that by offering such an amazing prize, more people will be encouraged to join the DeFI movement and see how it can benefit them. They are thrilled to announce this giveaway to its community as it aims to bring as many users as possible into the world of DeFI.
Who Is Involved?
The Tesla Model 3 giveaway is being organized by Grizzly.fi along with Vacabee, Stader, XCAD Network, DEUS Finance, Persistence, Fear, Thena Coin98 Finance Galactic and Biswap – all renowned companies within the industry!
How Can You Participate?
To participate in the Grizzly fi Tesla Model 3 Giveaway you need to access their dedicated webpage and sign up with your details then complete a series of actions which will increase your chances of winning!
Keep an eye out for more updates from Grizzly fi and don’t miss your chance of winning a Tesla Model 3!