GalaxyKathy🍭（🧝‍♀️）❤️Memecoin

On long term value in Bitcoin Ordinals 👇 Bitcoin is valuable long term because it is a STANDARD for a fungible digital asset. The whole world knows and can agree on what a bitcoin is, and how it works. Ordinals can be long term valuable for a nonfungible digital asset if it becomes a STANDARD. First, it is *extremely* hard to build anything on top of Bitcoin because of Bitcoin's limited programmability, and even harder to create a standard on top of Bitcoin. Casey has pulled off a miracle in standardizing a few things to create Ordinals. To understand what is actually long term valuable, it's important to understand what has been standardized. Not everything about Ordinals is a STANDARD, and anything that is not standard will have a sharp decline in value in the long term. Take the concept of a Collection. The standard way to create a collection in Ordinals took over a year to implement and get the market to adopt, and this was pushed hard by Casey, the creator of Ordinals, and many market participants. That collection standard of Ordinals is Parent-Child Provenance. To create a new collection standard and to get the whole world to adopt it as a new STANDARD in Ordinals is unlikely at this point. Incidentally, there are actually a few indirect ways to "create" a collection in Ordinals that are part of the standards of Ordinals or Bitcoin. 1. Low inscription numbers. Ordinals has standardized the Inscription, so the first 1,000 inscriptions, or the first 10,000 inscriptions are built in "collections" that follow standards set by Ordinals. We already see increased value for inscriptions in these low inscription number "collections." 2. Cursed inscriptions. Before Inscriptions themselves became a STANDARD, some inscriptions were ignored. These were given a "cursed" status as part of the Ordinals standardization in January 2024 (the Jubilee). These now form a cursed "collection." Cursed inscriptions can also be numbered, so there will be a low cursed inscription number "collection" that will form and have long term value. 3. Inscriptions on sequential sats. Sat numbering is a STANDARD in Ordinals, and inscriptions that are inscribed on a sequential sat range can form a collection that is easily recognized in the standard Ordinals. 4. Inscriptions created in a single block or single transaction. These form a "collection" because of the standards of Bitcoin. 5. Inscriptions created on certain types of sats. Uncommons, block 9, 450x, pizza. There are other related ways to form collections using existing standards, or combinations of them. These can help "collections" that were created before the Parent-Child Provenance collection standard. 👉For future collections, using the STANDARD way to create a collection is essential for the long term value of that collection. For the OCM Genesis collection, we focused on creating a collection with long term value, and it took over two years to create this collection on Bitcoin. We worked with the Ordinals team on the collection standard, and used Parent-Child Provenance for OCM Genesis. In addition, we used sequential sat numbers (45017800001-45017810000), and the parent inscription that contained the art of the whole 10k collection had a low inscription number (20219). The collection was batch inscribed so the multi inscription transactions grouped the collection from Bitcoin transactions. We were the first to do these things, and ended up being "Cursed" multiple times, the most cursed collection of 10k on block 9, 450x sats. OCM Genesis is a remarkable 10k Collection on Bitcoin, and the first and only 10k Parent-Child Provenance collection created in 2023. First and Cursed.👹

on-chain art