At the moment, we are seeing a lot of hype around BTC NFTs, especially the recent launch of BTC Punkz. Honestly, I find BTC Punkz very ridiculous - they should not be selling at the prices they are currently going for. CryptoPunkz's home is on the Ethereum Blockchain, and BTC Punkz is literally just a derivative of them. If we want to create the holy grail of BTC NFTs we need to see something NEW, not just a copy + paste of another blockchain's NFTs. In my opinion, I think BTC NFTs will just be a place for collectibles and 1/1 art.
Rare Pepe DAODaveR (the owner of Rare Pepe DAO), has just announced that they are launching a BTC Ordinal inscription service venture. Meaning that they are going to act as a 'launchpad' of some sorts for people to put their art / collection(s) on the BTC Blockchain. I think this has huge potential if BTC NFTs continue to grow and aren't wildly deemed as just a 'fad' in the market. I have attached the announcement below:
Have a good weekend guys, I hope this post is helpful! ❤️