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OrdinalsBot Behind 80% of the Largest Files Inscribed on Bitcoin Blockchain; Announces Revenue, Growth and Partnerships

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OrdinalsBot, a prominent startup in the realm of Bitcoin inscriptions, has emerged as a trailblazer in pushing the boundaries of what can be achieved on the Bitcoin blockchain. Specializing in the inscription of large files, the startup recently made headlines by inscribing one of the largest files ever recorded on the Bitcoin network, a 3.969 megabyte inscription that features “A Declaration of Independence in Cyberspace” rendered as a large, legible image. This achievement underscores OrdinalsBot’s innovative approach to leveraging the capabilities of the blockchain.

The startup, which focuses on making the process of minting Ordinals more accessible, has seen significant success and growth. In a notable development, OrdinalsBot secured $3 million in funding, which will be used to enhance its infrastructure and launch an inscription marketplace. This funding round highlights the confidence investors have in the potential of OrdinalsBot to revolutionize the way digital assets are managed and traded on the Bitcoin blockchain.

OrdinalsBot’s contributions to the blockchain space are not limited to technological advancements alone. The company has engaged in various high-profile collaborations, including projects with renowned artists such as Ghostface Killah and French Montana. These collaborations demonstrate the cultural and commercial potential of blockchain technology in bridging the gap between digital art and cryptocurrency.

Furthermore, the startup’s efforts extend beyond mere inscriptions. OrdinalsBot is focused on creating a comprehensive ecosystem that supports the creation, management, and trading of digital assets on the Bitcoin blockchain. By establishing an inscription marketplace, OrdinalsBot aims to facilitate a seamless and efficient platform for artists, creators, and collectors to interact and transact.

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This strategic approach positions OrdinalsBot as a key player in the burgeoning field of blockchain inscriptions, with the potential to significantly impact how digital assets are perceived and utilized. As the company continues to innovate and expand its offerings, it is poised to play a crucial role in the mainstream adoption of blockchain technology for digital art and other creative endeavors.

Source: finance.yahoo.com

The post OrdinalsBot Behind 80% of the Largest Files Inscribed on Bitcoin Blockchain; Announces Revenue, Growth and Partnerships appeared first on HIPTHER Alerts.

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Singapore Alternative Lending Market Business Report 2024: $6.78 Billion Investment Opportunities to 2028

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Singaporean Alternative Lending Market

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Germany Alternative Lending Market Business and Investment Opportunities Report 2024: Regulatory Changes, Mergers and Acquisitions, Product Launches and Innovations, Strategic Partnerships

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German Alternative Lending Market

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ICP Hosts Chain Fusion Hub @ Token2049, Leading Discussions on AI, Web3 & Interoperability

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Join the Chain Fusioln Hub events at Token2049 between September 19 and 20 to participate in and learn about Internet Computer Protocol’s cross chain initiative to “unify the web3 experience” by interconnecting multiple blockchains in a decentralized manner.

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