- Mint or Skip
- Posts
- Huge Bitcoin NFT announcement
Huge Bitcoin NFT announcement
Plus, 4 new art drops
GM
Welcome to the 7 new subs who joined this weekend.
Decades from now, as you sit smiling on your rocking chair, you'll remember the moment you joined this up-and-coming community.
Or, you won't - I can't really predict what old people will think about, can I?
In today’s edition:
Huge Bitcoin NFT announcement
The updated rankings
New drops we found over the weekend
🔥 MINTING TODAY
More info on Mint/Watch lists HERE.
Huge Bitcoin NFT announcement
I asked for extra Goji Berries in my smoothie this morning.
Immediately, the barista knew something was up – no one goes this hard on antioxidants and polysaccharides unless it’s a special occasion.
“This is a big week for me”, I said. “It’s the week I finally start covering Ordinals.”
As you might expect, O Dearly Beloved, she literally had no idea what I was talking about.
But you do – and hopefully you’re as excited as I am.
Mint or Skip is finally going multi-chain
And we’re not just expanding into any dusty run-of-the-mill layer 1. We’re jumping straight into Bitcoin NFTs baby. The new frontier, the open roads. Digital artifacts on the king chain.
Starting tomorrow, we’re going to be publishing a Mint List and Watch List that ranks Ethereum and Bitcoin NFTs side-by-side. We’ll also be adding newly found Bitcoin NFTs into New Drops every day.
But before previewing individual projects, I want to share a bit more about how we’re approaching Ordinals. I think it’s good to put our thoughts down publicly like this, and it might also help you navigate this new world.
Specifically, let’s talk about…
What makes a good Bitcoin NFT
So far we’ve seen a few narratives rise above the rest:
Rare Sats
Quick context: Satoshis are the atomic unit on Bitcoin – every BTC can be split into 100 million Sats. When Casey Rodarmor made Ordinal Theory in 2022, he created a way for all of these Sats to be indexed and tracked.
Suddenly, by using this methodology, you could distinguish between a “common Sat” and one that, let’s say, was mined by Satoshi, or was tied to some other famous transaction in history.
Now it’s off to the races, and people are making all sorts of narratives telling us why certain Sats are Extremely Important and Underrated.
Here’s a common guide shared between traders:
Low Inscription numbers
As part of Ordinal Theory, we can also see the sequential order that Inscriptions (Bitcoin NFTs) were made.
Today we’re at 11 million Inscriptions, and as you can imagine this number will just keep growing over time. So this leads people to believe that low Inscription numbers, such as anything sub 1,000, 10,000 or 100,000, will be historically valuable in the future when the count is in the 10+ figure range.
Currently, the floor on sub-1,000 Inscriptions is 0.85 BTC, or ~$22,000.
Cross-overs
We’ve been seeing existing NFT projects make the pilgrimage over to Bitcoin in recent months. This includes Yuga Labs, DeGods, and DigiDaigaku so far, and it’s a trend that will probably continue.
So far these have been pitched as collector items for hardcore fans – something that targets the whales in each ecosystem. And that’s cool, but I think over time people will expect more.
“Fundamentals”
Outside of BTC-specific narratives, projects are also judged according to the usual things people like to see in NFTs. Good art, vibes, community, an ambitious vision, whether the art is on-chain or just a link, gamified mechanics – anything that can help tell a good story.
So how are we approaching Ordinals?
Pretty much the same way we’ve approached Ethereum NFTs.
At the end of the day, regardless of the chain, NFTs have to give people a compelling reason to want them beyond mere financial speculation.
For me, it becomes obvious whether a project has that je ne sais quoi as soon as I start writing or talking about it.
If I’m genuinely excited, and not just because I think it might “pump”, but because there’s some innovation, or a genius creator, or even just a meme that truly hits different, then it’s likelier that other people might feel the same.
Those are the stories I’m interested in, the ones that might have a lasting cultural impact and survive the usual two-week attention cycle.
As for the “historical” narratives – I would say I’m still not fully convinced these are as important as people on Twitter might want us to believe.
In general, the most desired historical NFTs tend to be, again, projects that had a deep impact on the culture. Rare Pepes brought art collecting to crypto for the first time. Autoglyphs showed that generative on-chain art was possible. CryptoPunks pioneered the PFP genre.
These were all old af, yes, but there are many other “old” projects like Etherwaifu (an early anime collection from 2018) that haven’t clicked with collectors because they’re simply not as influential.
Historical NFTs that solely rely on being early in a chronological order that was made up out of thin air years later…aren’t as inspiring to me, personally.
Anyways, that’s not to say that some of these historical sats or low inscription numbers won’t end up being super valuable (the market will decide what it likes). And certainly they’re doing well right now. It’s just that, for me, I’d pick a high-quality artifact on a common Sat over a low-quality one on a rare Sat any day.
Bottom line on all this: I’m pumped. We’ve been excited about Bitcoin NFTs since the early days of Mint or Skip, and if anything the future just continues to look brighter.
This won’t be the last chain we expand to, but it’s an awesome way to start this road trip.
NOTE: These drops are lightly curated. Our only requirement is that they have recognizable founders. As usual, DYOR. To learn more go here.
6529 Meme Cards #111 & #112
With today’s 6529 meme card already in the books, two more are left this week, featuring glitch-inclined photographer Yakob El-Moussa and fantastical digital artist Nikolina Petolas.
As usual, the release will follow the standard 6529 model, with an allowlist based on collector holdings and a mint price of 0.06529 ETH.
"The Spaces Between Words" by KaliYuga
BrainDrops is back with a new AI art release this Wednesday, The Spaces Between Words, a vibrant collection by pseudonymous artist KaliYuga.
Despite her limited NFT portfolio on Ethereum, the artist’s extensive experience with AI tools shows in the refreshing, figurative collage look of this collection.
The Spaces Between Words will have 500 pieces, each minting for 0.1 ETH.
Generative Architecture
Verse, an emerging NFT art platform, presents Generative Architecture. The Making of a Room, its upcoming exhibition curated by Alejandro Campos and IsmaHelio.
As expected from the name, the exhibition highlights work from emerging and established generative artists who share in the curators’ architectural background.
The mints start this Wednesday, including a mix of fixed prices and auctions. More information on verse.
Chimpers Chronicles Series 2 - Episode 4 Artwork
Chimpers announced episode 4 of series 2 in their adventuring game, which sees the Chimps adventure into the dark caverns of the Underworld.
For more information on these adventures, check out this thread. Summarized, it’s a board game where Chimpers holders compete for prizes with the top prize being the episode’s artwork by Timper, which comes in the form of a 555-piece NFT edition.
You can find the art from the first 3 episodes on secondary markets.
THE MINT LIST
Project Animus. RTFKT's biggest launch since Clone-X
FewoWorld. New PFP by Fewocious, a rising star in the art world
Symbiogenesis. Square Enix's upcoming gaming NFT
10KTF PFP. Drop from a team that includes Yuga and Beeple
Garbage Friends. New PFP from the creator of Invisible Friends
Dimensionals - EVE. Free gaming PFP from doxxed studio
Tony Babel x Typical Friends. Limited edition from the popular artist
Ether. Anime PFP collection by viii, an artist with a cult following
Glacier Dreams by Refik Anadol. AI art from the MoMA exhibitor
Illuvium x GameStop D1SK. 1st brand collab for the AAA web3 game
Team
Giancarlo Chaux — @GiancarloChaux
Guillermo Martin — @pikanxiety
Jon Yale — @JonYale