Posted 4/3/2024, 2:00:00 PM
Bitcoin Innovations Take Center Stage at NYC Event Coinciding with NFT Conference
- Event called "The Halvening NYC" occurring on April 3rd, coinciding with opening night of NFT NYC 2024, to highlight Bitcoin innovations like Ordinals
- Ordinals allow digital artifacts like images and text to be inscribed onto satoshis, enabling NFT-like capabilities natively within Bitcoin
- Projects like Hashlings, CENTS, and Pizza Ninjas showing diverse use cases of Ordinals for art, gaming, archival, etc.
- Bitcoin's upcoming halving in 2024 expected to impact mining economics and potentially drive up transactions fees, making Ordinals more important
- Event positioning Bitcoin and Ordinals at forefront of NFT conversation traditionally dominated by other chains like Ethereum and Solana