Why All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin

Danny Yang and Bill Tai, cofounders of Metagood and creators of OnChainMonkey, discuss why they will migrate their 10K NFT collection from Ethereum to Bitcoin and what might be in store for Ordinals.

Sep 27, 2023

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ABOUT

Bitcoin Ordinals have exploded in popularity since their launch by developer Casey Rodarmor in January, changing the NFT game with millions of inscriptions to date. But what comes next for Bitcoin-based digital artifacts? Danny Yang and Bill Tai, cofounders of Metagood and creators of NFT collection OnChainMonkey, discuss why they will move OnChainMonkey from Ethereum to Bitcoin, Rodarmor’s proposal to change the Ordinals inscription numbering system, and why they believe more creators should consider moving to Bitcoin.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

How the idea for Metagood came up
What is give-to-earn and how it is used to reward OnChainMonkey holders?
The differences between Ethereum versus Bitcoin when it comes to digital assets
The creative potential of Bitcoin Ordinals
Why OnChainMonkey will move from Ethereum to Bitcoin
Thoughts on Casey Rodarmor’s Bitcoin Ordinals proposal to change the inscription numbering system
What are recursive inscriptions?
How to convince NFT creators to leave other blockchains for Bitcoin

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Guest |

Bill Tai, co-founder of Metagood and creator of OnChainMonkey.

Previous appearances on Unchained:

MaiTai Global's Bill Tai On Why Blockchain Is The 6th Wave Of Technology - Unchained Crypto

Danny Yang, cofounder of Metagood and creator of OnChainMonkey.

Links |

Unchained:

MaiTai Global’s Bill Tai On Why Blockchain Is The 6th Wave Of Technology

Bitcoin Ordinals Creators Propose Changing Inscriptions Numbering

What Are BRC-20 Tokens? A Brief Introduction

Was Bitcoin Creator Satoshi Pro-NFTs?

Bitcoin Ordinals Inscriptions Surge Past 2.7 Million

How to Create a Bitcoin Ordinal

Elsewhere:

Bitcoin Ordinals Trading Is Down Bad—But Just How Bad?

A New Frontier for Bitcoin? Recursive Inscriptions Explained

‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.

HOST

Laura Shin

Laura Shin is a crypto journalist, host of the Unchained podcast, and author of “The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze” (Public Affairs, 2022). Formerly a senior editor at Forbes, she was the first mainstream journalist to cover crypto full-time, and her podcasts and videos have had more than 15 million downloads and views. Shin has spoken about cryptocurrency at places such as TEDx San Francisco, the International Monetary Fund, Singularity University and the Oslo Freedom Forum.

She graduated Phi Beta Kappa with Honors from Stanford University and has a master of arts from Columbia University’s School of Journalism. She lives in New York City.