The Bitcoin Halving on April 20 was one of the most anticipated events of the year – and Motoko Sentinels, an Ordinals collection that launched just prior to the milestone event, has gone from strength to strength in its wake.
Despite total Ordinal trading volume decreasing by over 58% on the first day post-Halving, thanks in large part to high Bitcoin network fees, trading of Motoko Sentinels actually increased by 20%, buoyed by the Bioniq Marketplace.
As the first large-scale gamified Ordinals collection on Bioniq, Motoko Sentinels has proven Bioniq’s ability as a fast, reliable and innovative solution for Ordinals collections.
Source: Motoko Sentinels
What is Motoko Sentinels?
Motoko Sentinels is a highly-gamified 10,000-piece Ordinals collection, and the second Motoko collection designed by Jon Ball of Poked Studios. His artwork revolves around the iconic Motoko ghost character, with 3D-animated artwork depicting each Sentinel flying through space.
Launched pre-Halving, the collection minted out in just three days, and is currently a Top 30 Bitcoin Ordinals project by secondary trading volume.
Holders complete missions to earn XP, which unlocks new layers of art and additional functionality. This includes the ability to mint Runes from the Ordinal, with work on the ability to inscribe BRC-20 tokens and bridge tokens within the Bitcoin ecosystem currently on the roadmap.
What is Bioniq?
Bioniq is a fast, user-friendly and feature-rich Ordinals marketplace. Created in February 2023, the platform leverages ICP’s ckBTC digital Bitcoin twin to maintain transaction costs at 10 sats, regardless of fees on the native chain, alongside offering a seamless user experience for new and veteran users alike.
On top of this, Bioniq is looking to add additional functionality for Ordinals collections. Using Bioniq’s game standard, creators can leverage NFT-holder interactions to create web3 games, unlocking extra ways for communities to engage with the collections they care about. This hinges on Bioniq’s promise of Dynamic Ordinals, which give more utility to holders whilst also adding more flexibility to the Ordinals ecosystem – made possible by utilising ICP smart contracts.
The Motoko Sentinels artwork is powered by BitGen, a custom inscription standard developed by Bioniq which slashes inscription costs to only slightly higher than a typical Bitcoin transaction. Due to its 3D animated nature, each Sentinels collectible exceeds 100kb, meaning the BitGen standard could save inscribers hundreds of thousands of dollars in inscription fees.
Bob Bodily, CEO of Bioniq, noted that; “Sentinels are a great showcase of amazing art coupled with the latest in Ordinal and Bitcoin Layer-2 technology. We believe that new developments in Bitcoin L2s will make Ordinals the most exciting tech stack for NFT, gaming and more.”
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
The post Ordinals Collection Motoko Sentinels Thrives After Bitcoin Halving appeared first on NFT Plazas.
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