What are ordinal NFTS?

Launched on Bitcoin mainnet by developer Casey Rodarmor on January 20, 2023, ordinal NFTs are simply the latest way to create NFTs on Bitcoin.

What are NFTS on Bitcoin?

NFTs on Bitcoin are different from the Ethereum NFTs most people are familiar with. Here’s what you need to know. Non-fungible tokens ( NFT) are most widely known as Ethereum-based tokens, but lately the buzz is all about Bitcoin NFTs, which are also known as Ordinal NFTs or Bitcoin Ordinals.

Is Gamma a good NFT marketplace?

Gamma.io is also the leading NFT marketplace on Stacks, with over 95% marketshare. The Ordinals marketplace allows users to explore, sell, trade and buy Ordinals, directly on the Bitcoin blockchain, with a Bitcoin L1 infrastructure. This means Gamma's Ordinal marketplace won't leverage other chains such as ETH or Stacks for Ordinal trading.

What is the difference between a bitcoin NFT and an ordinal?

On the other hand, Ordinals are “complete” in that all the data is inscribed directly on-chain. That’s why Rodarmor refers to them as digital artifacts, not Bitcoin NFTs. Moreover, NFTs often have creator royalties attached to them, whereas digital artifacts do not.