Ballet Launches Bitcoin Ordinals NFT Inscription Service
We are pleased to announce that Ballet has entered the world of Bitcoin Ordinals.
LAS VEGAS, NV, USA, May 16, 2023/EINPresswire.com/ — Ballet, the US-based provider of cryptocurrency storage solutions, today announced the launch of its innovative FOREVER Inscriptions. Leveraging the open source Bitcoin Ordinals protocol, users can now permanently enter digital images, text or other file types into the Bitcoin blockchain, marking a significant evolution in the digital asset landscape.
With FOREVER Inscriptions, users of the Ballet app can select an image from their phone, choose the desired image resolution, and then submit the inscription order. The inscription process, which ranges from 30 minutes to 24 hours depending on Bitcoin network traffic and transaction priority, ensures that the image becomes a permanent fixture on the Bitcoin blockchain.
Since its public launch in January 2023, Bitcoin Ordinals have been a game changer, allowing NFT-like digital collectibles and other data to be written directly into the Bitcoin blockchain. This contrasts with other NFT blockchains that only point to the image location on a centralized server.
“Bitcoin blockchain inscriptions, while not cheap, offer unique value propositions,” said a Ballet spokesperson. “They last forever, are immune to changes, avoid censorship, provide tamper-proof timestamping and signal the importance of the written content.”
Ballet will be a sponsor and exhibitor of the upcoming Bitcoin 2023 conference in Miami, showcasing FOREVER Inscriptions and its unique cryptocurrency storage solutions. Ballet also recently began selling physical bitcoins for delivery in the United States, under a license from the Financial Crimes Enforcement Network (FinCEN).
The company is excited about future applications of the Bitcoin Ordinals protocol and plans to further integrate it into the Ballet Crypto app in the near future. Bitcoin’s large user base, secure network, and iconic brand prestige make it the ideal blockchain for valuable data entry.
These are some of the reasons why Bitcoin Ordinals have increased in popularity, and why they are likely to be a permanent feature of the Bitcoin landscape for years to come.
For more information on FOREVER Inscriptions, please visit:
Ballet is a US-based cryptocurrency company founded in 2019 by Bobby Lee, the former CEO of BTCC, one of the world’s first and largest Bitcoin exchanges. Ballet’s mission is to make cryptocurrency simple, safe and accessible to everyone by offering simple and secure storage solutions. Ballet products are designed to be easy to use, even for those with no prior cryptocurrency experience.
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Ballet Global Inc.
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