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NFTs ‘on Bitcoin’: Yes, That’s a Thing!
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Non-fungible tokens (NFTs) are all the rage right now. From CryptoPunks to Bored Apes, millions in crypto are exchanging hands for pixel art, tokenized memes, and crypto collectibles.
For the most part, the action takes place on the Ethereum (ETH) blockchain, which has made some hardcore bitcoiners skeptical of this new crypto market segment. However, there is also a market of NFTs secured by the Bitcoin (BTC) blockchain.
Read on to learn about what’s happening with Bitcoin-secured NFTs.
Until recently, Ethereum has been the go-to blockchain for minting and trading NFTs. That is changing quickly, however, as Ethereum high gas fees have pushed out many would-be market participants, making NFTs on other chains more attractive.
The Bitcoin
Read more on cryptonews.comAbout this in other media
Experts weigh in as megastars take NFTs mainstream economictimes.indiatimes.com /2 years ago
Strange Turtles in District99’s NFTs Propagate a New Era of NFTs Merged with DeFi and DAO cryptonews.com /2 years ago
Bitcoin price in classic 'Bull Pennant' breakout as BTC whales go on buying spree cointelegraph.com /2 years ago
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