"Digital art on ordinals is like the Lascaux cave paintings, destined to outlast everyone and everything." - Far, Artist & Co-Founder, Taproot Wizards

Introduction

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The world of digital art is undergoing a transformation, finding its new home on the blockchain. In this paradigm shift, Bitcoin emerges not only as a store of value but also as a canvas for artistic expression. The panel "If Bitcoin is Gold, Inscriptions are Jewelry" delved into the revolutionary concept of ordinals, where NFTs are inscribed directly onto the Bitcoin blockchain, ensuring permanence and immutability. Moderated by Threadguy, the discussion featured insights from trailblazing figures in the crypto art space: Far, Amanda Terry, and Alexis André.

Panelists

1. Alexis André: A generative artist renowned for his use of code to create captivating art pieces, Alexis brings a unique perspective to the discussion as someone deeply involved in the technical aspects of ordinals.
2. Amanda Terry: Co-founder and COO of OnChainMonkey, Amanda spearheads the pioneering efforts to bridge NFT collections onto the Bitcoin blockchain, leveraging the power of ordinals to ensure the longevity and security of digital art.
3. Far: An established artist and co-founder of Taproot Wizards, Far is at the forefront of pushing the boundaries of creativity on ordinals, exploring the untapped potential of Bitcoin as a medium for artistic expression.

Key Points

1. Ordinals: The Purest Form of Onchain Art: The discussion highlighted the significance of ordinals as the purest form of onchain art, where NFTs are inscribed directly onto the Bitcoin blockchain. This approach ensures permanence, immutability, and unparalleled security for digital artworks.
2. The Rise of Bitcoin Art: Panelists discussed the growing interest among artists in exploring Bitcoin as a medium for creative expression. With the emergence of ordinals, there's a newfound opportunity for artists to break through and establish themselves in the Bitcoin art space, which is still in its nascent stage compared to other chains like Ethereum.
3. Community Building and Education: OnChainMonkey's innovative approach to bridging NFT collections onto Bitcoin has been accompanied by a strong focus on community building and education. Through Twitter spaces, Discord chats, op-eds, and webinars, the platform has been instrumental in onboarding artists and collectors to the world of Bitcoin ordinals.
4. Artistic Freedom and Security: Artists highlighted the unparalleled sense of security and permanence that comes with inscribing artworks onto the Bitcoin blockchain. With ordinals, artists can rest assured that their creations will remain intact and accessible for generations to come, free from the risks of data loss or manipulation.
5. The Future of Bitcoin Art: Looking ahead, panelists expressed optimism about the future of Bitcoin art on ordinals. As the ecosystem continues to evolve and mature, we can expect to see a proliferation of artistic creations, diverse collections, and innovative projects, further solidifying Bitcoin's position as a hub for digital art.

Conclusion

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The panel discussion shed light on the transformative potential of Bitcoin ordinals in revolutionizing the digital art landscape. With artists, platforms, and collectors embracing this groundbreaking technology, we're witnessing the dawn of a new era where Bitcoin emerges not just as a financial asset but as a vibrant canvas for artistic expression. As the ecosystem continues to flourish, the future of Bitcoin art on ordinals holds immense promise, offering endless opportunities for creativity, innovation, and community engagement.

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Watch the full talk here