Ordinals, a Bitcoin-based NFT-like project, has expanded significantly over the past two weeks, but its creator, Casey Rodarmor, said he had no idea it would explode.
“I thought I was building something good and I thought I was meeting an unmet market demand that NFT collectors had expressed a desire for,” Rodarmor told TechCrunch.
And by the current market’s response, his creation did in fact meet that demand.
About 122,500 Ordinals have been inscribed, which is jargon for created (or minted), to date, according to Dune Analytics data. The number of total inscriptions is up 40% from about 88,000 on Tuesday. On February 8, the number of Ordinals inscribed peaked over 21,000, and Wednesday was the second highest day with over 17,7000, the data showed.
The Bitcoin community has been som...