NFT

DigiDaigaku To Launch Bitcoin Ordinal NFT On May 1

Key Points:

DigiDaigaku has announced the debut of Bitcoin Ordinal NFT.
It advises users to keep their Genesis NFT in a hot wallet.
Users who own a Digi Genesis at the time will be entitled to a free Chibi BTC version of their Digi.

DigiDaigaku, an NFT initiative, announced the introduction of Bitcoin Ordinal NFT.

Holders of DigiDaigaku Genesis will be eligible for Chibi Bitcoin Ordinal. On May 1, an Ethereum snapshot will be taken at block height 1714466.

Limit Break’s first step into the realm of Bitcoin Ordinals will be DigiDaigaku’s Chibi Genesis collection, and other projects may explore adopting a similar template if this new Bitcoin collection is a success.

The Genesis collection isn’t cheap, with a floor price of 3.79 ETH at the time of writing, but it’s a great development for Genesis holders to get a Chibi Bitcoin Ordinal for free.

If a user has a DigiDaigaku Genesis, the ETH snapshot will take place on Monday, May 1, 2023, at around 3:00 a.m. EST. It says Genesis is in a hot wallet rather than a multi-sig wallet such as Safe (previously known as Gnosis Safe).

If it’s in a smart contract wallet like Gnosis, it’s best to delegate to a hot wallet using delegate.cash. If users fail to do so, ownership cannot be validated, and they will not obtain your Ordinal.

DigiDaigaku advises users to keep the Genesis NFT in a hot wallet. If the Genesis NFT is in a smart contract wallet, such as Gnosis Vault, it is advised that it be entrusted to the hot wallet via https://delegate.cash; otherwise, ownership will not be validated and users will be unable to receive Ordinal.

DigiDaigaku is a set of 2,022 distinct NFT characters created on the Ethereum blockchain. The collection has 2000 exceedingly uncommon and unusual NFTs. Prior to the fundraising announcement, 1 DigiDaigaku cost approximately 4 ETH.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.