{"id":269751,"date":"2023-06-22T15:06:12","date_gmt":"2023-06-22T06:06:12","guid":{"rendered":"https:\/\/www.singapore-startup.com\/?p=269751"},"modified":"2023-06-22T16:13:34","modified_gmt":"2023-06-22T07:13:34","slug":"how-to-make-bitcoin-nfts-the-new-frontier-of-digital-art","status":"publish","type":"post","link":"https:\/\/www.singapore-startup.com\/?p=269751&lang=en","title":{"rendered":"How to Make Bitcoin NFTs! The New Frontier of Digital Art"},"content":{"rendered":"<div class=\"aafe36d7afa19a8010513acdd90193c0\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<center>Sponsored Link<\/center>\r\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Article upper_singapore-startup.com -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8303070969424899\"\r\n     data-ad-slot=\"5656608650\"\r\n     data-ad-format=\"rectangle\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<h2>How to Make Bitcoin NFTs: A Complete Guide<\/h2>\n<p>\u3000Bitcoin non-fiat tokens (NFTs) are quickly gaining attention, offering new opportunities for enthusiasts of the world&#8217;s oldest blockchain and digital arts. Until now, NFTs have been issued and traded primarily on Ethereum-based platforms and other platforms, but a new protocol, Ordinals, announced in 2023, allows NFTs to be created in Bitcoin itself.<\/p>\n<p>&nbsp;<\/p>\n<h2>What are Ordinals?<\/h2>\n<p>\u3000Ordinals record a unique serial number for each satoshi, the smallest unit of bitcoin (BTC), which is assigned a number in the order in which they are mined. This &#8220;ordinal theory&#8221; allows each satoshi to have a unique identity and to permanently record any meaningful arbitrary data, such as pictures, text, or video, in the bitcoin blockchain.<\/p>\n<p>\u3000This ordinal mathematical theory gave each satoshi a &#8220;mathematical value&#8221; and each became a kind of rarity to be collected and traded.Ordinals can be found in some wallets and online explorers.<\/p>\n<p>&nbsp;<\/p>\n<h2>What are Inscriptions?<\/h2>\n<p>\u3000The process of assigning assets to a Satoshi is called &#8220;Inscriptions&#8221;. This is a way to create a digital artifact native to the Bitcoin blockchain, a digital version of a physical artifact.<\/p>\n<p>\u3000Inscription is done entirely on-chain, with no need for sidechains or separate tokens, and uses the Ordinals protocol to imprint content onto a Satoshi. This allows the location of a particular satoshi and its ordinal number to be tracked.<\/p>\n<p>&nbsp;<\/p>\n<h2>How to Create Bitcoin NFTs<\/h2>\n<p>\u3000Two methods currently exist for creating Bitcoin NFTs, or Ordinals.<\/p>\n<h3>Method 1: Methods Requiring Technical Skills<\/h3>\n<p>\u3000The first method is to run a full Bitcoin node and install Ord on that node. This allows you to imprint Satoshi in the Ordinals wallet and create a Bitcoin Ordinals NFT.<\/p>\n<p>There are two types of bitcoin wallets that can process Ordinals, both of which are compatible with Taproot and require a &#8220;coin control&#8221; feature to prevent accidental Ordinal Satoshi transmissions for network charges or another transaction.<\/p>\n<p><strong>&#8211; The Sparrow wallet is only recommended for receiving Ordinals. This avoids accidentally sending Ordinals satoshis. However, it is not necessary to run a full node.<\/strong><\/p>\n<p><strong>&#8211; The Ord wallet requires running a full node and has a capacity of 500 GB. unlike the Sparrow wallet, the Ord wallet allows you to create an inscription and freeze the engraved Satoshi to prevent accidental spending.<\/strong><\/p>\n<p>Whichever wallet you use, you must have a certain amount of bitcoin available to pay transaction fees.<\/p>\n<p>&nbsp;<\/p>\n<h3>Method 2: No-Code Method<\/h3>\n<p>\u3000The second method is to imprint Ordinal NFTs using a no-code tool such as Gamma or Ordinalsbot.com. This is much easier and can be done in the following steps<\/p>\n<p>1. first select the type of file you want to use for your Bitcoin NFT<\/p>\n<p>2. Upload the required files from your computer.<\/p>\n<p>3. set the transaction fee according to how long you want to wait for your Ordinal (Bitcoin NFT) to be created.<\/p>\n<p>4. copy and paste the bitcoin address to which you want to send the digital artifact. This address must be an Ordinal compatible address or a Taproot address.<\/p>\n<p>5. wait for the NFT to be created. This wait can take from a few hours to several days, depending on the fees paid to complete the process. You can track the status of your mint through the link you received in your email.<\/p>\n<p>These are the general steps when creating a Bitcoin NFT (Ordinal) using a no-code tool such as Gamma or Ordinalsbot.com.<\/p>\n<p>&nbsp;<\/p>\n<p>\u3000For Ordinal (Bitcoin NFT) transactions, the appropriate infrastructure and marketplace are currently in the process of being built, and digital artifacts are traded in OTC (face-to-face) form. Transactions take place primarily on a dedicated Discord server, with an escrow acting as an intermediary, and transactions are tracked via Google Sheets.<\/p>\n<p>Ordinal&#8217;s marketplace uses the completely reliable and secure Partially Signed Bitcoin Transactions (PSBT) technology. This allows users to easily sign transactions in cold storage and perform atomic swaps without a middleman.<\/p>\n<p>\u3000To purchase Bitcoin NFTs, you must use a Taproot compatible wallet (e.g. Ordinals wallet, Xverse wallet, Hiro wallet).<\/p>\n<p>\u203bReference URL:<span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"https:\/\/cointelegraph.com\/news\/how-to-create-and-sell-bitcoin-nfts\" style=\"color: #0000ff; text-decoration: underline;\">How to create and sell Bitcoin NFTs<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>Products and services such as these are also available!<\/h2>\n<p style=\"text-align: center;\"><strong>1.GMO Internet Group&#8217;s [GMO Coin].<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=2ZAD2D+33C92Q+3VI8+67RK1\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www25.a8.net\/svt\/bgt?aid=180202405187&amp;wid=009&amp;eno=01&amp;mid=s00000018080001044000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www15.a8.net\/0.gif?a8mat=2ZAD2D+33C92Q+3VI8+67RK1\" alt=\"\" \/>\n<p style=\"text-align: center;\"><strong>2.Ledger cryptocurrency hardware wallet<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=2ZAD2D+33XOOI+3CWI+BZGEP\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www20.a8.net\/svt\/bgt?aid=180202405188&amp;wid=009&amp;eno=01&amp;mid=s00000015669002013000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www19.a8.net\/0.gif?a8mat=2ZAD2D+33XOOI+3CWI+BZGEP\" alt=\"\" \/>\n<p style=\"text-align: center;\"><strong>3.Complete tedious virtual currency profit and loss calculations in an average of 10 seconds.\u3010Cryptact\u3011<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=3T6T17+6EEU7E+4DGW+609HT\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www29.a8.net\/svt\/bgt?aid=230424955387&amp;wid=004&amp;eno=01&amp;mid=s00000020408001009000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www16.a8.net\/0.gif?a8mat=3T6T17+6EEU7E+4DGW+609HT\" alt=\"\" \/>\n<p style=\"text-align: center;\"><strong>4.Bitcoin is worth 50 million yen! Start &#8220;Accumulating Bitcoin&#8221; instead of &#8220;Temasu NISA&#8221; and &#8220;iDeCo&#8221;.<\/strong><\/p>\n<a href=\"https:\/\/www.amazon.co.jp\/%E3%80%90%E5%A2%97%E8%A3%9C%E3%83%BB%E6%94%B9%E8%A8%82%E7%89%88%E3%80%91%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3%E3%81%AF5000%E4%B8%87%E5%86%86%E3%81%AB%E3%81%AA%E3%82%8B-%E3%81%A4%E3%81%BF%E3%81%9F%E3%81%A6NISA%E3%80%81iDeCo%E3%82%88%E3%82%8A%E3%80%8C%E7%A9%8D%E3%81%BF%E7%AB%8B%E3%81%A6%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3%E3%80%8D%E3%82%92%E5%A7%8B%E3%82%81%E3%81%AA%E3%81%95%E3%81%84-%E3%83%8A%E3%82%AB%E3%83%A2%E3%83%88-%E3%83%A4%E3%82%B9%E3%82%B7\/dp\/4575316202?__mk_ja_JP=%E3%82%AB%E3%82%BF%E3%82%AB%E3%83%8A&amp;crid=2PNFTD8AEI5V5&amp;keywords=%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3&amp;qid=1687383781&amp;s=books&amp;sprefix=%E3%81%B3%E3%81%A3%E3%81%A8%E3%81%93%E3%81%84%E3%82%93%2Cstripbooks%2C186&amp;sr=1-4&amp;linkCode=li3&amp;tag=shizu1002-22&amp;linkId=052abbe872ccfde40d16e8993c2b0995&amp;language=ja_JP&amp;ref_=as_li_ss_il\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" border=\"0\" src=\"\/\/ws-fe.amazon-adsystem.com\/widgets\/q?_encoding=UTF8&amp;ASIN=4575316202&amp;Format=_SL250_&amp;ID=AsinImage&amp;MarketPlace=JP&amp;ServiceVersion=20070822&amp;WS=1&amp;tag=shizu1002-22&amp;language=ja_JP\" class=\"aligncenter\" title=\"\" alt=\"\" \/><\/a><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ir-jp.amazon-adsystem.com\/e\/ir?t=shizu1002-22&amp;language=ja_JP&amp;l=li3&amp;o=9&amp;a=4575316202\" width=\"1\" height=\"1\" border=\"0\" alt=\"\" style=\"border: none !important; margin: 0px !important;\" \/>\n<p style=\"text-align: center;\"><strong>5.The Complete Guide to Bitcoin (100% Mook Series)<\/strong><\/p>\n<a href=\"https:\/\/www.amazon.co.jp\/%E3%80%90%E5%AE%8C%E5%85%A8%E3%82%AC%E3%82%A4%E3%83%89%E3%82%B7%E3%83%AA%E3%83%BC%E3%82%BA344%E3%80%91%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3%E5%AE%8C%E5%85%A8%E3%82%AC%E3%82%A4%E3%83%89-100-%E3%83%A0%E3%83%83%E3%82%AF%E3%82%B7%E3%83%AA%E3%83%BC%E3%82%BA-%E6%99%8B%E9%81%8A%E8%88%8E\/dp\/4801818420?__mk_ja_JP=%E3%82%AB%E3%82%BF%E3%82%AB%E3%83%8A&amp;crid=2PNFTD8AEI5V5&amp;keywords=%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3&amp;qid=1687383781&amp;s=books&amp;sprefix=%E3%81%B3%E3%81%A3%E3%81%A8%E3%81%93%E3%81%84%E3%82%93%2Cstripbooks%2C186&amp;sr=1-16&amp;linkCode=li3&amp;tag=shizu1002-22&amp;linkId=6348f6de0ced122b0514b2660e453484&amp;language=ja_JP&amp;ref_=as_li_ss_il\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" border=\"0\" src=\"\/\/ws-fe.amazon-adsystem.com\/widgets\/q?_encoding=UTF8&amp;ASIN=4801818420&amp;Format=_SL250_&amp;ID=AsinImage&amp;MarketPlace=JP&amp;ServiceVersion=20070822&amp;WS=1&amp;tag=shizu1002-22&amp;language=ja_JP\" class=\"aligncenter\" title=\"\" alt=\"\" \/><\/a><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ir-jp.amazon-adsystem.com\/e\/ir?t=shizu1002-22&amp;language=ja_JP&amp;l=li3&amp;o=9&amp;a=4801818420\" width=\"1\" height=\"1\" border=\"0\" alt=\"\" style=\"border: none !important; margin: 0px !important;\" \/>\n<!--CusAds0-->\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>How to Make Bitcoin NFTs: A Complete Guide \u3000Bitcoin non-fiat tokens (NFTs) are quickly gaining attention, offe&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[411354],"tags":[411537,411562,411564],"class_list":{"0":"post-269751","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin-nft","8":"tag-create-bitcoin-nft-en","9":"tag-how-to-create-bitcoin-nft-en","10":"tag-how-to-make-a-bitcoin-nft-en","11":"article cf"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/269751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=269751"}],"version-history":[{"count":1,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/269751\/revisions"}],"predecessor-version":[{"id":269752,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/269751\/revisions\/269752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/1"}],"wp:attachment":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=269751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=269751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=269751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}