By Pepe The Expert
“One fine day I woke up and wanted to put 10,000 frogs on the Bitcoin blockchain at all costs.”
— Frogtoshi Nakamoto
Minting good quality ordinals jpegs is quite expensive, even Yuga Labs had a limited 300 Twelvefold.io inscriptions. Bitcoin Frogs are 10,000 pure digital collectibles. How did you achieve that feat?
We launched the frogs through
@dannydiekroeger launchpad where they had a Lightning Network payment frontend to make payment and inscriptions were done in the backend.
However, there was a generative art error and eventually all 10K were airdropped to those who paid at 4 sats/vb and was expensive. But still cheaper for 10K collection as each frog was under 5Kb and optimised further using .webp format.
Why will no more Bitcoin Frogs ever be created?
We deeply analysed what made CryptoPunks accrue value strongly. It was the limited supply of 10K with no roadmap and utility. As it is for traditional art, a hard cap on supply helps grow the value organically amongst true art collectors.
Having a roadmap would mean a raise is needed everytime to continue the project which might mean more mints and supply. Cryptopunks were historical, and we aim to be historical too by being the first 10K No Roadmap Original Art project.
Can you please explain why rarities of all traits within each layer are equal?
Rarities are all equal because we looked at y00ts and liked the model. Allows for subjective appreciation of the aesthetics and fair game for sub-daos for traits to be formed. If you look at BAYC, not all the rarest traits have the highest value, implying that aesthetics eventually matter when a collection matures.
Furthermore, casey, the guy who made the Ordinal Theory have implied that NFTs on Bitcoin have a different way of looking at rarities and still open to interpretation. Since the NFTs are Sats themselves, the rarities can also be determined by the year they were mined and whether they were mined at whichever block or halving cycle.
Levelling the aesthetics rarity help level the field and encourage perhaps satoshi rarity to emerge. For example,
I’ve seen several successful sales of Bitcoin Frogs. How is the ordinals market for them? Are buyers bullish?
Buyers are mainly art collectors and know clearly that there will be no roadmap and utility thus no expectations. They are generally bullish because they perceive under 500K inscriptions are still early in the bigger picture when ordinals become popular next time. Furthermore, these 10K pure collectibles were amongst the first original art 10K to be inscribed, and before Yuga Labs did their drop.
What is the most expensive Bitcoin frog sold to date?
I believe the most expensive sold was a Bitcoin Frog that had a number 10 argentinian soccer jersey, implying Messi jersey. It was sold for 0.01 BTC or ~$200 USD.
Ordinals 
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