OrdinalsBot Behind 80% of the Largest Files Inscribed on Bitcoin Blockchain; Announces Revenue, Growth and Partnerships
May 14 2024 - 4:00AM
Business Wire
OrdinalsBot, founded last year, confirms more
than $4M in inscriptions for Q1, over 200K individuals on the
platform, and 80% of the ten largest files inscribed on Bitcoin
Blockchain
Musicians including French Montana and
Ghostface Killah have recently inscribed music on bitcoin using
OrdinalsBot
OrdinalsBot, the leading provider of API solutions for building
out the data layer of the BTC blockchain, has kicked off the year
with several key announcements and growth numbers. In just the last
3 months, OrdinalsBot, which simplifies the process of minting and
managing Bitcoin inscriptions, BRC-20 tokens, Runes and other
bitcoin protocols, has also collaborated with industry leaders,
including Marathon Digital Holdings (NASDAQ: MARA), Xverse,
Leather, ALEX, Oyl, Mintlayer, Atomiq DeFi, Sulu, and
TeleportDAO.
OrdinalsBot is behind 80% of the ten largest files ever
inscribed on the Bitcoin blockchain, and the team recently set the
new record for the top spot by inscribing Logos’ manifesto. This is
now the largest-ever Bitcoin block, exceeding 3.969 MB.
Successful collaborations with top artists, musicians and BRC-20
projects have resulted in over $4M in revenue for Q1 with a long
pipeline of partnerships and launches in Q2. New collaborations
will drive further growth and allow builders, creators, and
collectors to more easily create and mint fungible and non-fungible
tokens, Ordinals and Runes on the bitcoin blockchain.
“With Ordinals, we’re proving that Bitcoin is not just about
finance—it is also a platform to create and store music, art, and
all of the data necessary for identity, business settlement, and
ownership,” shared Toby Lewis, Co-Founder of OrdinalsBot. “With all
the hype around bitcoin price and bitcoin ETFs, few realize the
services and utility of bitcoin is becoming more interesting and
scalable every day. We’re thrilled to work with creators to bring
more awareness and creativity into the space and expand Bitcoin’s
vision.”
OrdinalsBot Data & Milestones:
- Over 200K individuals using the platform
- OrdinalsBot has also collaborated with cultural icons,
inscribing unique musical Ordinals for rap legends French Montana
and Ghostface Killah of Wu Tang Clan
- Inscribed:
- 80% of the top 10 largest files ever on Bitcoin. This includes
projects from Inscribed Pepes, Runestones by Leonidas, sovrn.art,
and Ordz Games.
- Inscribed 3 of the top 20 Ordinals collections in the top 20 by
market cap (Runestone, Prometheans by CyberKongz, Pizza
Ninjas)
- More than 150K Ordinals from the top 100 Ordinals collections
by market cap
- Provided backend support to Magic Eden’s inscription
services
- Enabled the launch of the $ORDI BRC-20 token, the first meme
coin on BRC-20, created by the founder of BRC-20 protocol
(@Domo).
- Launching the Runes Launchpad
- $TRIO utility token launched on the BRC-20 protocol on April
12, 2024 and is now traded on Gate.io and MEXC
“We’re bitcoin and tech enthusiasts who want to turbocharge
bitcoin by making it accessible to all—and we’re just getting
started,” said Brian Laughlan, Co-Founder at OrdinalsBot. “Ordinals
has shown its utility within the industry and we’re thrilled to
play a role in its success.”
Lior Messika, Founder of Eden Block and Novel Labs:
“OrdinalsBot’s unparalleled support helped us do things with our
Mutant Hounds ordinals collection that have never been done before.
Their team consistently goes above and beyond, pushing the
boundaries of what’s possible in the ordinals ecosystem.”
These announcements come on the heels of OrdinalsBot’s recent
oversubscribed $3M+ funding round and their token ($TRIO) launch.
Investors include DACM, Eden Block, Kestrel0x, Kenetic Capital,
Sora Ventures, Nural Capital, WWVentures, Lightning Ventures, and
others.
$TRIO is a utility token for use within the OrdinalsBot
ecosystem only, not an investment product. $TRIO is not available
to U.S. persons. Please see ordinalsbot.com for more
information.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240509837121/en/
For press enquiries, please contact: info@ordinalsbot.com