Top Five NFTs Building on the Bitcoin Network
Presenting the top five NFT collections on the Bitcoin Blockchain according to Magic Eden.
- The Bitcoin network introduces the BRC-20 standard for NFT development, expanding beyond Ethereum.
- Top Five NFT Projects Building on the Bitcoin Network: Bitcoin Frogs, DogePunks, Misprints, BTC DeGods and NPC Ordinals.
- Each collection offers unique digital assets stored securely on the Bitcoin blockchain.
- These projects show the potential of NFTs on Bitcoin, with significant trading volumes and sales recorded in the last 30 days.
Non-Fungible Tokens (NFT) have taken the digital world by storm, revolutionizing how we perceive and trade digital assets in the blockchain industry. While Ethereum has been the primary blockchain platform for NFT development, the Bitcoin network has now entered the fray with its unique standard called BRC-20.
This article will delve into the top five NFT projects that build on the Bitcoin network and explore the potential they bring to the NFT ecosystem. Key metrics will be sourced from Magic Eden and OrdinalHub. Furthermore, all the NFTs listed in this article can be purchased at Magic Eden.
Bitcoin frogs, as the name suggests, is a collection of 10,000 generative frogs on the Layer1 blockchain, with several unique features and designs. The floor price of each NFT on Magic Eden is worth approximately 0.08 BTC ($2000+).
According to OrdinalHub, the total volume of Bitcoin Frog’s NFTs traded across a number of marketplaces has exceeded $11 million in the past 30 days. The collection is also close to registering 10,000 sales in the NFT space.
DogePunks is a unique collection of NFTs that mixes the legendary CryptoPunk theme with the iconic Doge meme. Each artwork is unique, with proof of ownership stored on the Bitcoin Blockchain.
The design comes in different variations, including normal, zombie, monkey and alien DogePunks. Furthermore, each digital piece has its own unique feature.
The floor price for DogePunks is 0.0155 BTC ($421) and the total volume of NFTs traded in the last 30 days is over $2M. In addition, the collection has recorded 10,000 sales during this period, representing a significant milestone in the Bitcoin NFT space.
Although Printing error the collection looks a lot like Bitcoin Frogs, it is not affiliated with the collection. The floor price is 0.0141 BTC ($383).
The total volume of Misprint’s NFTs traded in the last 30 days is over $1 million with 2172 sales.
BTC DeGods is arguably the largest NFT collection on the Layer1 blockchain. It’s a digital art collection and a global community of creators, developers, entrepreneurs, innovators and more.
The floor price for each unique digital piece is worth 1.05 BTC, with over $1M in volume traded in the last 30 days. Aside from trading the collection on supported marketplaces, DeGod’s NFTs can also be wagered to earn rewards on the site, offering users passive income.
NPC Ordinals is a collection of 10,000 NPCs on the Bitcoin blockchain with a bottom price of 0.0027 BTC ($73) and over 8,000 sales on a variety of marketplaces in the last 30 days.
Other notable mentions on the Bitcoin blockchain include Bitamigos, Bitcoin Punks, Battle of BTC, Neo Yauto, Pepe & Pepita, and Bixels. BSC News recommends visiting OrdinalHub for NFT analytics on the Bitcoin blockchain.
As the NFT space continues to evolve, these projects are at the forefront, bringing unique and exciting experiences to collectors, artists and enthusiasts alike. The future of NFTs on the Bitcoin network looks promising as more developers and innovators explore new possibilities for digital assets through the BRC-20 framework.