JAKARTA - Bitcoin's NFT trading that caught the attention of many people comes as a fan swaps the original CryptoPunk for Ordinary Punk. CryptoPunk is an NFT OG collection on the ETH blockchain, while Ordinary Punks is a Bitcoin NFT pool. The exchange is considered the first significant exchange of its kind.
Ordinary Punks is a collection of 100 PFPs consisting of Bitcoin NFTs and printed in the first 650 inscriptions and completely on the Bitcoin blockchain. The Ordinary Protocol allows users and developers to write down data on every 100,000,000 units that make up one Bitcoin. This data can include smart contracts, enabling the creation of NFTs on blockchain.
A tweet from a Twitter account called 'Ordinal Punk Sales' on February 20 announced a confirmed exchange between CryptoPunk 4155 and Ordinary Punk 16.
The exchange sparked a stir among the NFT community, with many questioning whether CryptoPunk owners had made the right choice. However, both collections have the same monetary value, around US$100,000 (equivalent to Rp1.5 billion) according to the NFT Evening report.
The demand for Bitcoin NFT continues to increase and this exchange has confirmed the status of Ordinary Punks in the realm of NFT. In addition, 24 hours after this trade, the original crypto value of Stack Network (STX) increased by 50 percent.
Along with the growing excitement around the Ordinary, Bitcoin NFT is something to note. The Ordinary Protocol has provided means for NFT creators to develop their work on the Bitcoin blockchain. In recent months, NFT has become very popular among art collectors and cryptocurrency lovers, and this exchange shows that interest continues to grow.
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