Amidst the continued FOMO in the Bitcoin NFT ecosystem, those who manually participate in new NFT projects are quickly getting caught in the red sea. Based on past experiences, only a few top projects in the Bitcoin ecosystem, such as Bitcoin itself, can survive. This article will take stock of the “long-term business” in the Bitcoin ecosystem.
Table of Contents:
Wallets
Unisat
OKX Web3 Wallet
Xverse
Odinals Wallet
Hiro Wallet
Launchpad
TurtSat
Luminex
Bounce Brand
Cross-chain
MultiBit
Analysoor
TeleportDAO
Trading Markets
OKX Ordinals Market
Unisat Marketplace
Ordinals Market
Ordswap
Magic Eden Bitcoin
Orders Exchange
Minting Tools
Looksordinal
iDclub
CoinTool
MCT
BIIS
Data & Queries
mempool
ordiscan
BRC-20.io
OrdSpace
Ordinals Directory
Best in Slot
GeniiData
Whatscription
OrdinalHub
Summary
Apart from the dazzling new NFT projects, the infrastructure for selling assets in the entire ecosystem has naturally become a long-term business, and it has become a necessity within the Bitcoin ecosystem.
Projects related to the Bitcoin ecosystem and NFT infrastructure cover various tracks, including wallets, cross-chain, trading markets, minting tools, data & queries, etc.
Unisat is an unhosted open-source Bitcoin NFT plugin wallet and the first wallet to integrate Ordinals. It supports Ordinals and BRC20 and helps users store, mint, and transfer BRC20 tokens, including trading BTC, NFTs, domain names, etc.
Since the beginning of this year, OKX Web3 Wallet has become a paradigm of surpassing other trading platforms. It has been the first to support BRC20 NFT trading and staking, bringing a large amount of traffic to its wallet.
Among them, it has successively supported BRC20 NFT trading and staking, and launched Bitcoin ecosystem standards such as BRC20-S and NFT tools, making significant contributions to the open development of the Bitcoin NFT track and allowing more users to enter the Ordinals market smoothly.
Xverse, developed by Secret Key Labs, is a non-KYC Bitcoin wallet that supports Ordinals, BRC-20 tokens, and Bitcoin smart contract platform Stacks. It will also support the Bitcoin Lightning Network in the future.
Ordinals Wallet was launched in February this year. It is a non-custodial BTC wallet that allows users to view and store BTC and Ordinals NFTs, and supports various operations related to Ordinals, such as transfers, sending, registration, buying, and selling.
The mnemonic of Ordinals Wallet is generated locally and stored on the computer, encrypted in the browser. Users can directly transfer Ordinals NFTs from the wallet and list BRC-20 tokens on the Ordinals Wallet market.
Hiro Wallet, as a wallet based on Stacks, supports the storage and viewing of Bitcoin and Ordinals. It allows users to manage their STX and other assets (such as BNS domain names and NFTs) across accounts, and supports all asset types that can be sent to Bitcoin addresses.
TurtSat is a community-driven open platform aiming to become the Gitcoin of Ordinals. Through TurtSat, it provides a space for building, donating, and impacting Bitcoin Ordinal & BRC-20.
Luminex, as a Bitcoin Ordinals Launchpad platform, is committed to introducing Bitcoin ordinal and BRC20 projects into the Bitcoin ecosystem. Users can perform scalable non-custodial minting, and it also provides image optimization, various whitelist level establishment, marketing support, and other services.
Bounce Brand (formerly Bounce Finance) is a decentralized auction protocol that aims to provide users with the ability to create and participate in various types of auctions on multiple blockchain networks. Recently, it has gained a lot of attention due to the successive auctions of Bitcoin-related concept projects such as MultiBit (MUBI) and Bitstable (BSSB), and has achieved amazing returns.
On the other hand, in early December, Bounce Brand launched BounceBit, a DeFi solution designed for the Bitcoin ecosystem. It introduced Bitcoin-pegged coin BTCB to increase Bitcoin liquidity, making it a Bitcoin ecosystem project. Due to the popularity of Bitcoin-related concepts and being one of the few Bitcoin ecosystem projects listed on BN, it has attracted high attention. Recently, its newly launched project bDID has been reported to continuously ship, resulting in a price collapse and even dragging down auctions and mubi.
MultiBit is a cross-chain protocol for BRC20 and ERC20. It is based on the BRC20 two-way cross-chain bridge design and aims to achieve cross-chain transfer between BRC20 and ERC20 tokens.
Analysoor is a cross-chain protocol for memes and NFTs on Solana. It aims to solve the fair release and liquidity guidance issues of memes and NFTs. The first project ZERO adopts a unique lottery-based allocation method (9.5% allocation rate) and uses SOL as the lottery token, attracting a lot of attention. The second project ONE has also completed minting through the lottery mechanism.
As of yesterday, 95% of Analysoor’s NFTs have been distributed, with 25,000 people participating in the minting. Discord plans to open to ZERO and ONE holders today. Subsequently, Analysoor will no longer distribute tokens but will provide Launchpad services to other projects and plan to transition to a LaunchPad platform.
TeleportDAO is a cross-chain Ordinals market, which currently mainly includes two products: TeleSwap, a multi-chain BTC cross-chain trading protocol that supports cross-chain transfer and trading of assets between BTC and Polygon; and TeleOrdinal, an Ordinals trading market.
OKX Web3 Wallet’s Ordinals market, as the largest BRC20 NFT and BTC NFT trading market, is completely decentralized, with no platform service fees for interaction. It supports one-stop transfer, trading, engraving of BRC-20 and BTC NFT, and other functions.
As of last week, the total trading volume of OKX Web3 Wallet’s Ordinals market has exceeded $500 million, with the total trading volume of the Ordinals protocol approaching $865 million, accounting for approximately 58% of OKX Web3 Wallet.
Currently, OKX Web3 Wallet provides a better experience in terms of listing and transaction speed compared to the Unisat market.
Unisat Marketplace is a Bitcoin chain-based Inscriptions market under Unisat, which supports PSBT and BRC-20 assets. In November, it ranked fourth in the NFT market with a trading volume of $41 million.
Ordinals Market is a Bitcoin NFT trading market that allows users to trade on Bitcoin using wallets such as Xverse. It also supports the use of “storage” technology developed by Emblem Vault, including encrypted private keys of Bitcoin addresses that own NFTs, for Bitcoin NFT transactions on the Ethereum blockchain.
Ordswap is a trustless market for Ordinals built on Bitcoin, allowing users to register, purchase, sell, and auction Bitcoin NFTs.
Magic Eden Bitcoin is a Bitcoin ecosystem NFT market launched in March this year, allowing users to list, purchase, and sell Ordinals. In addition, Magic Eden has also launched a Bitcoin Launchpad, aiming to help creators launch Ordinals protocols directly on Magic Eden Launchpad and create Bitcoin NFTs.
Currently, some newly released Bitcoin NFTs generally choose to go online on Magic Eden.
Orders Exchange is a decentralized exchange for BRC20 tokens based on Bitcoin PSBT technology.
Looksordinal is a self-hosted BRC20 token minting assistant tool that supports users in creating all necessary addresses in the browser for creating user-controlled NFTs.
iDclub, as a minting platform for BRC20 tokens, supports users in engraving Ordinals NFTs and Inscriptions on the Bitcoin chain. It has also expanded its suite to launch a trading market that supports users in buying and selling Ordinals NFTs.
CoinTool is a set of on-chain tools that has also launched a series of tools for minting and monitoring multi-chain NFTs, including services such as EVM multi-wallet batch minting, SOL batch minting of NFTs, Tron multi-wallet batch minting, IOST batch minting of NFTs, etc.
MCT is a multi-chain NFT minting protocol that instantly monitors NFT projects on more than 20 public chains, including Bitcoin, Ethereum, Solana, Sui, etc. It supports users in batch minting and covers all EVM chains and blockchain networks such as Tron.
BIIS aims to build the ultimate integrated and convenient technology stack for BRC20 tokens. It is positioned as a “BRC ecosystem toolbox” for developers and users, aiming to provide a comprehensive set of integration tools for project developers and users, including batch distribution and aggregation of BRC20 tokens, batch distribution and aggregation of BRC-721 NFT assets, and other integration tools. It will also launch a fully automated asset release platform, supporting Free Mint/AirDrop/IDO and other asset release modes, and provide token Dao voting systems for project parties, completing the automation of project release and decentralized community governance functions.
BIIS has received strategic investments from CGV, a Japanese cryptocurrency investment institution, and KuCoin Labs.
Mempool focuses on the memory pool and blockchain browser functions of the Bitcoin community. It provides real-time transaction status and data, allowing users to view the current status of pending transactions. It is mainly used to query the confirmation status of on-chain transactions and the current real-time gas fees.
Bitcoin generally produces one block every 10 minutes, which can be used to determine the current block production status, whether it is blockage due to high gas fees or caused by active activities on the chain, and to judge how much gas to give.
ordiscan is an Ordinals browser that allows users to query serial numbers and NFTs on Bitcoin. It can also search for corresponding NFTs and addresses.
BRC-20.io is a token data platform for Bitcoin NFTs, providing users with real-time price tracking of various BRC-20 tokens, allowing users to keep up with the latest market trends. It has also launched new products such as BRC20 DEX and DeFi Center.
OrdSpace is a data insight and analysis platform for Ordinals, providing users with heat index and ranking data for BRC20 tokens. It supports users in capturing the forging status of hot NFTs and provides real-time monitoring of ORC-20 tokens.
The newly launched product 20scan has officially provided API services to the public (beta version), allowing developers to quickly build their own projects in the ORC-20 system.
Ordinals Directory is a platform that aggregates NFT collections specifically for Ordinals, allowing collectors to discover popular and new collections and analyze base price data.
Best in Slot is an Ordinals aggregator and browser that supports users in viewing all Bitcoin NFTs and their detailed information with one click, including popular and latest NFTs, and enables real-time interaction.
GeniiData is an Ordinals ecosystem data analysis platform that provides heat index and ranking data for BRC20 tokens, supporting users in capturing hot NFTs and NFT minting in real-time.
At the same time, it has launched the ORC-20 index service, which mainly displays information about the deployment of ORC-20 tokens, including maximum supply, current minting status, upgradeability, etc., ORC-20 token holder information, record transaction flow, and has the ability to verify transaction status.
Whatscription is a multi-chain NFT monitoring protocol that supports users in real-time tracking and querying the minting status of Bitcoin, Ethereum, EOS, Polygon, Linea, and other chains.
OrdinalHub is an all-in-one data platform that combines discovery, tracking, and analysis of Bitcoin NFTs. It is committed to helping users gain advantages in NFT transactions and quickly find new trends.
The NFT wave has introduced a huge amount of funds, users, and developers into the Bitcoin ecosystem through NFTs. While Bitcoin used to only have the advantage of “doctrinal recognition” and total market value, the NFT wave has greatly increased the richness of new assets in the Bitcoin ecosystem and indirectly increased the number of developers and user base.
Therefore, regardless of when the NFT craze returns to calm, the entire Bitcoin ecosystem has already attracted enough funds and attention, which will give birth to a large number of opportunities for settlement, construction, and sharing dividends. Therefore, from this perspective, the Bitcoin ecosystem and NFT infrastructure have relatively long-term value, and a large number of Bitcoin infrastructure-related projects will inevitably emerge, worthy of long-term attention.