There are numerous options for artists to deploy and sell their art, such as Magic Eden, Ordinalsbot, Inscribenow, Mscribe, Ordzaar and more. All of them have their merits for different requirements and applications but Magic Eden is where the majority of trading takes place.
Their native wallet allows the easy exchange of the top cryptocurrencies within an intuitive and clear interface, perfect for new users to adopt and use across chains.
One of the many artists intertwining BTC Ordinals with tangible and exclusive art is the world renowned Parisian sculptor Leo Caillard. He was commissioned to create the Ordinal Runestone that launched the Runes Protocol on BTC, which he followed with his 3D collection The Block.
Owners of Blocks have the opportunity to trade them for Leo's beautifully crafted marble sculptures that sell at Southebys and feature in museums, universities and high-end European galleries.
While more artists are blending real and digital mediums, brands are doing the same with NFT collections incorporated into their fashion and entertainment labels, often providing exclusive content to NFT owners.
Right now early adopters of NFT and Ordinal music content include French Montana with his Mac and Cheese album release PFPs and Wu Tang's Ghostface Killah's exclusive track given to 10,000 fans who could mint the audio and art by Rare Scrilla for free. This campaign was followed with a free airdrop of 'For the Children' Runes tokens to all holders.
The runes market is purely speculative and driven by influencer hype so only a few hold their value, which continues to perpetuate their success. Like any meme coin market, most go to zero, have no liquidity and are not backed by any utility or production but this will change as development continues.
The latest hype in BTC development is the Runes Protocol, launched at the Bitcoin halving on April 19, 2024. Following Ethereum and Solana meme coins and the Bitcoin BRC-20 protocol for tokenisation, Runes has taken the community by storm with it's ease of use and technological advancements.
Thousands of coins were etched and millions minted within the first week of launch and, while the protocol is still experimental, they are sure to continue being a popular way for artists and brands to reward their collectors and fans.