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We do another deep dive on the state of Ordinals and the broader Bitcoin builder environment. As time goes on the ecosystem continues to grow but also fragment into separate camps of interest for developers. We discuss whether this is producing a positive or negative outcome for the overall Bitcoin ecosystem. Also, our predictions of an increase in repeated “Pre-meta” for these incoming development extensions to Bitcoin is coming true with FSICs and FRC420s happening on Fractal. Do these projects present an opportunity or should the space be wary of them? Also, what is happening to some of the more overlooked development protocols like Atomicals and where will the innovations arise with so many options to build.
Ordinals are dead
https://x.com/SevaFTW/status/1826283238752502026
NFTs are dead
https://x.com/qrimeCapital/status/1825629054571307101
Natcats x Bitmap gaining momentum
https://magiceden.io/
How DMT works
https://x.com/Antvale_/status/1826307788009566401
Big Rare Sat Purchase
https://x.com/BitcoinNL/status/1822168401185263852
Fsic and FRC420
https://x.com/btcfsic/status/1825608499469996110?s=46https://x.com/tominator76/status/1826407392642253299?s=46https://x.com/Fractal_420/status/1826630727880036460
Opnet ecosystem
https://opnet.org/https://x.com/brainyield_/status/1826591476261995006
Atomicals and AVM
https://x.com/GeniiData/status/1826293014655881548https://x.com/atomicalsxyz/status/1823901701033934975
Arch Network
https://x.com/BobBodily/status/1825635609194672368
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
0:00 Interest in developers building new meta protocols
5:23 New metaverse art challenges traditional NFTs
6:26 Runes used as a thesis, now irrelevant
10:57 Bitcoin drives new usable substrate layer creation
14:03 Questioning the use of EPSIC farming
18:46 Excitement for new Bitcoin protocol applications continues
20:09 Identifying primitive builders in smart contract extension
23:03 Potential for a game-changing cross-metaprotocol solution
#blockrunner #ordinals #odinaltakeover