A marketplace for Bitcoin Ordinals has recently been launched. Interestingly, on the Internet Computer (ICP) blockchain rather than the Bitcoin network.
Bioniq is highly distinctive in its approach. Supported by Polygon Capital to handle Bitcoin and Ordinals assets, the platform utilizes ICP as a Layer 2 solution to leverage cost and speed efficiencies, making it the “world’s fastest” Ordinals marketplace. it even offers a built-in wallet with fast Google login via Web3Auth for easy access.
One of the platform’s attractive offerings includes a token wrapping process on the ICP. Users can move their Ordinals and Bitcoin assets to a Bioniq wallet. Then, they can opt into wrapping their Ordinals assets, which requires transferring them to a Bitcoin wallet for safeguarding. The next step involves creating a parallel NFT on the ICP network.
Proceeding onwards, assets can be easily traded on the fast ICP network without transaction or gas fees, making the marketplace a fantastic option to handle transactions in times when Bitcoin fees are soaring following high demand.
Top Bitcoin and Ordinals Collectibles
Making Bioniq all the more attractive is its digital asset collections, consisting of the highly desirable Ordinal and Bitcoin collectibles. Some of the Ordinals and Bitcoin assets elevating the marketplace include Ordinal Punks, Bitcoin Shrooms, Bitcoin Rocks, Timechain Collectibles and over 100 more.
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