Danny Yang is the founder and CEO of Metagood, a Web3 company focused on NFT ecosystems and Bitcoin-native digital art. He is best known as the creator of OnChainMonkey, an NFT project that gained attention for technical “fully on-chain” design choices on Ethereum and later for bringing a large, established collection onto Bitcoin via Ordinals inscriptions. Yang’s work is often framed around building durable digital collectibles and market infrastructure, with an emphasis on on-chain provenance and long-term community participation.
Overview
Yang’s career spans early Bitcoin community building, crypto exchange operations, and blockchain data tooling, before moving into consumer-facing NFTs and marketplace infrastructure. At Metagood, he has overseen strategy, product direction, and partnerships as the company expanded from Ethereum-based collectibles into Bitcoin-centric art initiatives.
- Role: Founder and CEO, Metagood
- Known for: Creating OnChainMonkey and supporting Bitcoin Ordinals-based art distribution
- Focus areas: Digital art provenance, on-chain assets, and marketplace development
History and Background
Yang has described himself as an early participant in the Bitcoin ecosystem, including building communities and infrastructure during the 2010s. Public company materials and interviews have linked him to founding the Stanford Bitcoin Meetup in 2013 and to launching MaiCoin, a Taiwan-based cryptocurrency exchange. He has also been associated with Blockseer, a blockchain analytics company that was later acquired, reflecting early market demand for transaction tracing, compliance workflows, and investigative tooling.
This mix of consumer products and analytics is relevant to Metagood’s approach to NFTs, where creators and marketplaces need both compelling experiences and reliable provenance, metadata integrity, and transaction history.
Metagood and OnChainMonkey
Metagood is closely associated with OnChainMonkey (OCM), which launched in September 2021 as an on-chain generative art and profile picture collection. OCM is often cited for being created as a 10,000-item collection minted in a single Ethereum transaction, a design that underscores the project’s focus on on-chain completeness and verifiable provenance. CryptoSlate discussed this positioning in a podcast episode focused on the project’s migration thesis and the emergence of Bitcoin Ordinals for NFTs.
In 2023, Metagood and the OnChainMonkey ecosystem expanded into Bitcoin via Ordinals inscriptions, aligning the collection with the broader trend of Bitcoin-native digital artifacts. The move placed Yang and Metagood in the center of a rapidly evolving debate about how NFTs and inscriptions fit into Bitcoin’s technical and cultural priorities.
- 10k NFT collection on Bitcoin, the great NFT migration? (SlateCast)
- The rise and fall of NFTs, what’s left?
Technology and Product Approach
Yang’s projects have emphasized on-chain execution and provenance clarity. For Ethereum-based NFTs, “fully on-chain” approaches typically store core generative logic and traits on-chain rather than relying on mutable external hosting. For Bitcoin-based art, Ordinals inscriptions attach content to satoshis, creating Bitcoin-native digital artifacts. As infrastructure matured, techniques such as recursion and improved inscription tooling expanded what creators could build and how collections could be verified as complete.
Metagood has presented its product direction as supporting Bitcoin-native art markets, including an emphasis on marketplaces and discovery. CryptoSlate has covered related Ordinals technology milestones, including upgrades intended to improve functionality and reduce overhead in how inscriptions are created and referenced.
Funding and Team
Metagood announced early fundraising as it built out its NFT ecosystem strategy. In December 2022, the company reported raising more than $5 million in a pre-seed funding round, with a narrative centered on expanding its NFT ecosystem beyond a single collection. In late 2023, Metagood also reported securing $5 million to support Osura, a marketplace concept oriented toward Bitcoin art. Company communications have identified a founding team that includes Yang as CEO, Amanda Terry as COO, and Bill Tai as chairman, reflecting a blend of crypto operating experience and consumer technology background.
- Metagood raises over $5M in pre-seed funding round for NFT ecosystem
- Metagood secures $5 million to propel Osura marketplace for Bitcoin art
Use Cases and Market Position
Yang’s work is positioned around three overlapping use cases, collector-grade digital art with strong provenance, community-led ecosystems that evolve across chains, and marketplace infrastructure for discovery and trading. By bridging Ethereum-origin NFTs into Bitcoin-native formats, Metagood has aligned itself with users who prioritize Bitcoin as a settlement layer and want NFT-like artifacts that live directly on the Bitcoin blockchain.
Metagood’s ecosystem activity has also included token-linked initiatives tied to community participation and migration mechanics. CryptoSlate reported on OnChainMonkey’s KARMA token initiative as part of broader ecosystem expansion and incentive design.
Risks and Considerations
NFT businesses face cyclical demand, liquidity constraints, and shifting marketplace standards. “Fully on-chain” design does not eliminate smart contract risk, and on-chain permanence can complicate upgrades or remediation if issues emerge. Bitcoin Ordinals also remain a contested area within the Bitcoin community, where critics cite fee pressure and chain bloat concerns, while supporters view inscriptions as a legitimate expansion of Bitcoin’s utility. For projects operating across chains, additional considerations include bridging complexity, metadata consistency, and ensuring that provenance claims remain verifiable as infrastructure evolves.
