Vana empowers users to own, protect and profit from their personal data through decentralized DataDAOs. Learn more about how it works in this article.

Imagine a world where individuals regain control over their own data, taking it back from the hands of large corporations that often profit from it without consent. Enter Vana, an innovative platform that combines 

 with privacy-driven features to create a fairer, more transparent digital economy. This article explores what Vana is all about — and its exciting future potential in the decentralized data and AI space.

 is a blockchain network that gives users full control over their personal data through an 

 architecture. It enables decentralized data-sharing and monetization using DataDAOs (

), whose users can collectively own, manage and profit from their data, all while maintaining privacy and ownership.

Vana was co-founded by Art Abal and Anna Kazlauskas, two Filipinos with strong academic backgrounds and degrees from Harvard and MIT, respectively. It started as a research initiative in 2018, and has since grown into a project driven by the desire to empower individuals with control over their personal data. 

Vana seeks to address the current imbalance whereby large corporations profit from user data without fairly compensating the individuals who generate it. The goal is to create a new data economy in which users can benefit directly from the AI models built on their data, ensuring that the financial rewards of AI development are more fairly distributed. The name "Vana," short for "Nirvana," speaks to the project’s mission of liberating and empowering user data.

The Vana project attempts to challenge the status quo of data hoarding by large centralized organizations, and to tackle several key issues as follows.

Vana is designed to transform personal data into a valuable, user-controlled asset. It operates through the following three key layers.

Vana gives users the power to monetize and use their data in several ways, such as earning revenue from AI models trained on their data, or by integrating their data into applications for personalized experiences. Most importantly, users maintain detailed control over how their data is shared and used. As data contributors, they also receive governance rights within their respective DataDAOs, allowing them to make decisions about how their data is used and how the value is distributed.

Users receive a DLP-specific token when they submit data to a DataDAO, according to the DataDAO’s unique 

 that Vana uses to validate data submitted to its network. PoC maintains the reliability and value of the data within the Vana network. 

Vana acts as a trustless intermediary, connecting data owners, communities and users. It enables individuals to pool their data collectively in a secure and traceable manner while also allowing data users to monetize that data for purposes such as training AI models.

 is a central platform where users can buy, stake, trade and explore data tokens within the Vana ecosystem. It also enables users to contribute their data to DataDAOs, and earn rewards by staking their VANA tokens.

 is an incubator designed to support the growth and development of the Vana ecosystem. It provides tools and resources for users to create and manage DataDAOs, ensuring that high-quality data is available for AI model training and other applications.

DataDAOs are decentralized organizations that pool user-contributed data on the blockchain. They allow individuals to collectively own, manage and monetize their data for AI and other applications. Each DataDAO governs its own DLPs, ensuring that data is secure, private and used judiciously. 

 system incentivizes premium-quality data contributions by rewarding the top 16 DataDAOs every 21 days, based on total Vana tokens staked. This competitive structure ensures that the best datasets and contributors are recognized and rewarded, promoting innovation and growth within the Vana ecosystem

 commits 44% of its total token supply to empower the community. It rewards active participation, contributions and innovation across the Vana network. This includes incentives for high-quality data contributions to DataDAOs, early community rewards and support for developers building on Vana. 

Since its start as an MIT research project in 2018, Vana has made impressive progress, emerging as the first decentralized data liquidity network. 

Looking ahead, Vana aims to build a thriving decentralized data ecosystem and promote mass adoption with its clear road map:

The VANA token is the native cryptocurrency of the Vana Network. VANA serves multiple purposes within the Vana ecosystem, such as securing the network through staking, paying transaction fees, staking in DataDAOs, accessing datasets, acting as part of a trading pair and participating in decentralized governance.

The tokenomics of VANA are designed to align the interests of all participants in the Vana network. With a total supply capped at 120 million tokens, distribution is as follows:

 of $32.86 by the end of 2024 and $38.58 by 2025, with the potential to climb to approximately $112.78 by the end of 2030. Similarly, Coin Edition 

 a value of $50 by the end of 2025, with further growth expected up to $68 by 2030. 

Looking to purchase Vana tokens? Bybit now offers the VANA/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 560,000 VANA prize pool. 

VANA offers a compelling investment opportunity, thanks to its innovative approach to data ownership, expanding ecosystem and optimistic market outlook. By tackling key challenges in the data economy, VANA empowers users while paving the way for decentralized AI development. However, as with any investment, it's important for potential investors to be mindful of market risks and do their 

Vana is empowering users to take full control of their personal data and even profit from it. By combining blockchain technology with robust privacy measures, Vana challenges traditional data systems and lays the foundation for a more equitable data economy. The platform's ambitious road map could position it as a key player in the future of decentralized AI, opening up new opportunities for individuals to become active participants in this increasingly data-driven world.

Intermediate

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Vana (VANA): Unlocking Data Freedom for User-Owned AI

Sonic and Injective are launching the first cross-chain AI agent platform, the Smart Agent Hub, integrating Solana and Injective ecosystems.

Last week, the S&P 500 saw its biggest single-day price gain this month. This raises the hopes of investors for a year-end rally if prices continue to go up. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.54%, with Bitcoin and Ether dropping by 1.24% and 1.00%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 7.7% following the integration of Aave in Balancer's Boosted Pools, simplifying yield generation.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. 

 combine markets to enhance capital efficiency and simplify yield generation for DeFi users. By providing liquidity with $USDC and $USDT, users earn fees from swaps and interest from Aave's supply rates. All earnings accrue automatically with no management required. Balancer v3's Boosted Pools streamline liquidity and enable gas-efficient, passive yield generation, making DeFi simpler and more sustainable.

Check Out the Latest Prices, Charts, and Data of 

, the Smart Agent Hub, integrating Solana and Injective ecosystems. The platform enables developers to create, manage, and monetize AI agents in a decentralized environment, with features like tokenization, cross-chain asset interoperability, and a unified developer experience. By leveraging Sonic's HyperGrid and Injective's IBC, the hub facilitates seamless communication and asset transfer across chains. This innovation supports Web3 games, DeFi, and real-world assets, expanding opportunities for AI agents in various sectors. The rollout begins with a testnet in Q1 2025.

From December 16–20, 2024, GBTC had a net outflow of $248.3M, while non-GBTC products saw a net inflow of $705.5M, resulting in a total inflow of $457.2M. The current total stands at a net outflow of $21.3B for GBTC, a net inflow of $57.3B for non-GBTC, and a combined net inflow of $36.03B.

 offers free participation with potential surprise airdrops. Connect your wallet, vote for projects, and use your CHILL FACTOR (based on past Avalanche transactions) to maximize eligibility.

Beginner

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Sonic and Injective Launch First Cross-Chain AI Agent Platform with Smart Agent Hub

Zerebro (ZEREBRO) revolutionizes AI content creation with Solana and Polygon, offering autonomous content generation, NFT minting, and DeFi integration.

 (AI) continues to unlock limitless opportunities in numerous sectors, including the crypto space. Projects such as 

 and others have had a large impact on various facets in 

AI-generated content is in demand, and the latest crypto project to enter the space, Zerebro, aims to provide a way to create and generate content autonomously through AI content models.

Let’s learn more about Zerebro and its innovative approach to content creation through AI.

Zerebro is an autonomous AI system crafted to create, distribute and analyze content across decentralized and social platforms.

 It maintains content diversity through the use of

 (RAG) system that creates a dynamic memory database, based on continuously updated human interactions.

Zerebro operates independently without human oversight using a concept known as hyperstition to merge fiction with reality, resulting in self-propagated narratives encompassing diverse cultural and financial scopes, with key uses of content creation and cultural integration across the digital community. Zerebro autonomously produces high-entropy content, ensuring diversity and originality, and engages audiences on various platforms, such as X (formerly Twitter), Instagram, Warpcast and Telegram.

Zerebro also integrates unique cultural themes through a feature known as “infinite backrooms” designed to elicit thought-provoking conversations among digital communities. Its data sets follow a nonlinear thought pattern, resulting in unpredictable and inherently viral outputs. This unique feature can be used to generate chaotic and surreal artworks that can be autonomously minted as 

 (POL) blockchain. Zerebro also features autonomous trading of artwork through the integration of memetic dynamics and market interaction analysis, thereby demonstrating the potential of AI to merge cultural creativity with 

ZEREBRO, the native token for the Zerebro ecosystem, is hosted on the 

 (SOL) blockchain. The maximum supply is 1 billion ZEREBRO tokens, with 999,972,148 tokens currently in circulation.

An autonomous AI system such as Zerebro has transformative potential in the crypto industry, especially in cultural content generation and financial markets. Its “hyperstition” approach to generating content can help influence markets by shaping investor behavior through an interplay between culture and technology.

Furthermore, the project intends to launch a unified memory across social media platforms that could significantly enhance information retention, leading to further engagement. The Zerebro team also intends to integrate the ZEREBRO token with DeFi protocols, opening holders to various income-generating opportunities, such as 

Zerebro has experienced some volatility since its launch, which isn’t unusual for a new project trying to establish a stable price floor. As of Dec 23, 2024, Zerebro is trading at $0.30, with a market cap of over $377 million. This price was over 6,350% higher than its all-time low of $0.0058 on Nov 3, 2024, and just 39% lower than its all-time high of $0.6153 on Nov 23, 2024.

That said, Zerebro is still a new project that’s subject to high volatility. We highly recommend you practice sound 

 crypto on Bybit’s Spot trading platform. To celebrate the listing, Bybit is holding a 

 up for grabs. The first event is exclusively for new users to deposit and earn from a prize pool of 150,000 ZEREBRO tokens.

To participate, simply register on Bybit and complete verification. Then, proceed to accumulate a deposit volume of at least 400 ZEREBRO, or deposit 100 USDT and trade 100 USDT worth of ZEREBRO via your first trade using your Bybit account. This event runs through Dec 24, 2024, 8:59AM UTC.

, is offering a prize pool of 60,000 ZEREBRO tokens. To earn a share of the prize pool, simply register for the event and trade at least 500 USDT worth of ZEREBRO on Spot through Dec 24, 2024, 8:59AM UTC. 

Rewards will be capped at 3,000 ZEREBRO per user.

In addition to these two events, you can also participate in a 

 with a 30,000 ZEREBRO prize pool. Earn 20 ZEREBRO for every successful referral (up to 10 referrals) Rewards are on a first-come, first-served basis through Dec 24, 2024, 8:59AM UTC. 

Zerebro’s unique autonomous AI system approach to the crypto market sets it apart in the space. Crypto subcultures will be able to tap into its ability to independently generate and analyze content across different networks. Its RAG technology could enhance content diversity among the crypto community, while its “infinite backrooms” are spaces in which these digital communities can engage in diverse cultural and financial narratives.

As AI continues to transform the web3 space, Zerebro is poised to add value through its autonomous system that eliminates human oversight.

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Zerebro (ZEREBRO): Unlimited Possibilities in AI Content Creation

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. Learn how Gearbox Protocol works.

 (DeFi) with its composable leverage system. It enables investors to use 

 on assets across multiple protocols, transforming how DeFi participants can trade with margin, 

 and execute complex strategies — all without leaving their ecosystem.

 is making leverage accessible and secure. Whether you’re a lender seeking passive yield or a leverage user exploring advanced strategies, Gearbox’s unique architecture opens up new possibilities. Let’s explore how this on-chain credit layer is improving DeFi.

Since the emergence of DeFi in 2020, it hasstrived to reimagine financial services by removing intermediaries, such as banks and brokers. Through

 systems, DeFi offers transparent and direct access to lending, trading and investments. Despite market fluctuations, the DeFi sector remains resilient, with a current 

 (TVL) of $123 billion — a 128% increase since the start of 2024.

The DeFi sector is poised for resurgence as secure and scalable innovations fuel its growth. With proven use cases and real-world adoption, DeFi continues to solidify its role as one of crypto’s most valuable use cases.

 (WLFI), backed by the Trump family, underscores a shifting acceptance of DeFi in the United States. The project’s multisig wallet has publicly 

 various DeFi tokens, such as AAVE, LINK, ENA and more. WLFI aims to make DeFi accessible to everyday users, but it remains to be seen if the project will achieve its goals.

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. By offering a flexible credit layer, Gearbox empowers users to leverage their positions across multiple DeFi platforms, seamlessly integrating with protocols they already trust.

Gearbox’s fundamental design minimizes costs while maintaining flexibility. Its modular architecture reduces gas costs and improves scalability..

Unlike traditional leveraged lending protocols that silo funds within their ecosystems, Gearbox allows users to execute trades and strategies across integrated platforms, such as 

 correlated assets, Gearbox offers a new way to utilize leverage without restrictions.

With Gearbox Protocol, leverage becomes a DeFi primitive — an infrastructure layer that lets users go beyond basic 

 containing both user funds and borrowed margin funds. They serve as automated leveraged DeFi wallets, allowing users to manage positions and execute strategies independently.

: Gearbox enables users to integrate leverage with DeFi protocols like Uniswap for margin trading, Curve for leverage farming, and more. This flexibility empowers diverse strategies across different platforms.

: Gearbox combines lending and prime brokerage functionalities within the same protocol, simplifying the user experience and expanding possibilities for leveraged trading and farming.

, Gearbox maximizes capital efficiency. It minimizes gas costs and ensures that funds remain noncustodial, unlocking the full potential of leverage without compromising user security.

, ensuring that all integrations, policies and upgrades are managed transparently and collectively by the community and stakeholders.

Gearbox Protocol operates through two main user types:

The Credit Accounts enable operations while maintaining safety through 

Gearbox’s modular architecture supports seamless integrations with third-party protocols, ensuring assets remain decentralized and noncustodial. Liquidations are determined by 

 (based on calculated risks), and protect lenders while offering dynamic leverage possibilities.

 utility token with a capped supply of 10 billion, is the governance token of Gearbox Protocol. It empowers DAO governance and supports initiatives, such as liquidity mining and staking rewards, with an annual emission of just 3% from the DAO's holdings. 

Token distribution percentages are as follows:

Nearly full circulation has been achieved, minimizing supply overhang as a majority of token 

 concluded in 2023. The DAO treasury retains around 40% of the supply, ensuring the community’s strong influence on protocol development.

Marketwise, GEAR has recently experienced notable price movements. Over the past seven days, the token has surged by 11.9%, and its 30-day performance skyrocketed by 166.3%. Year-to-date, GEAR's price has risen approximately 57.7%, reflecting increased investor confidence. Daily trading volume hit $11.8 million over the past 24 hours, marking a 600.3% spike that indicates growing market interest. 

Gearbox Protocol's innovative approach to DeFi simplifies user experience through its wallet-centric design and the integration of the 

. With a capped supply of 10 billion GEAR tokens, robust DAO governance and nearly full circulation, Gearbox prioritizes community-driven growth. 

Recent market performance reflects growing investor confidence, with significant price increases and a surge in trading activity.

Looking ahead, Gearbox Protocol’s road map focuses on enhancing usability and interoperability within the Ethereum ecosystem. The integration of Credit Accounts into account abstraction (AA) wallets such as EIP-4337 revolutionizes the way users can access and manage funds, eliminating the need for complex lending interfaces.

Future developments may include pool-based models and optimizers to tackle liquidity fragmentation, further strengthening 

 Ethereum solutions. As Gearbox Protocol evolves, its focus remains on delivering efficient, user-friendly financial tools that empower users and redefine DeFi as we know it.

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Gearbox: Powering On-Chain Credit for DeFi

Blockchain

The Ordinal inscriptions market is much younger and still less liquid than the NFT market, but inscriptions are quickly gaining the attention of creators and traders as a viable NFT alternative.

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 immutably and permanently recorded on the world’s largest and probably most secure blockchain 

 (BTC) network? This question might force many NFT enthusiasts to pause and think a bit. But one person didn’t hesitate much before shelling out $450,000 in bitcoins in December 2023 for the right to own an Ordinal inscription — a unique digital artifact based on Bitcoin’s own implementation of NFT functionality. As of mid-February 2024, this stands as the most expensive Ordinal inscription sale in the brief history of 

Ordinal inscriptions, which allow you to attach pieces of data or media to individual satoshis, the smallest units in a BTC coin, have made it possible for creators to own unique, non-fungible assets on the Bitcoin chain. And unlike standard NFTs, which are typically based on blockchains like 

 (AVAX), Ordinal inscriptions/Bitcoin NFTs don’t require any 

Since their introduction in early 2023, Ordinal inscriptions have attracted both considerable interest and controversy in the Bitcoin community. However, one thing is certain — this niche is growing by leaps and bounds, and it may soon become a serious rival to the standard, smart contract–powered NFT ecosystem. 

What attracts people to Ordinal inscriptions on Bitcoin? And how are they different from NFTs on other blockchains? In this article, we’ll take a look at both Ordinal inscription technology and standard NFTs, and detail their key differences.

Ordinal inscriptions are digital assets created on the Bitcoin blockchain via attaching data such as images and videos to an individual 

 They’re as immutable as Bitcoin itself, as they’re made and stored directly on-chain. This innovative feature allows crypto artists to embed creative content onto Bitcoin and establish direct ownership and proof of the authenticity of their artwork.

The Bitcoin blockchain, lacking any smart contract capabilities, has never featured the classic NFT functionality available on Ethereum and other smart contract chains. In December 2022, blockchain developer Casey Rodarmor ingeniously noted that every single satoshi — the smallest unit in a BTC coin – can be uniquely traced on the Bitcoin network, according to the chronological order in which it’s been mined. For example, the very first satoshi in the first mined block has the Ordinal number 0, the second satoshi in that block has the Ordinal number 1, and so on.

Rodarmor didn’t stop at this observation. He realized that pieces of data — e.g., text, images, programming code or video — can be attached (or inscribed, per his chosen terminology) to a satoshi. The satoshi then becomes an identifiable, trackable and unique token with a piece of custom content inscribed into it, essentially an NFT-like asset.

In January 2023, Rodarmor launched the Bitcoin Ordinals protocol, which combined Ordinal theory and inscription methodology to facilitate the creation of unique NFT-like tokens on the Bitcoin network.

Media that can be inscribed onto an Ordinal NFT cannot exceed 4 MB, the limitation imposed by Bitcoin’s standard block size. In June 2023, Rodarmor introduced the concept of recursive inscriptions — a way of chaining Ordinal inscriptions that essentially removes the 4 MB size cap. Recursive inscriptions allow you to carry over data from previously created inscription tokens into a new inscription. By chaining together multiple inscription tokens in this manner, you can theoretically inscribe enormous amounts of media onto your Ordinal NFTs.

Since their introduction, Bitcoin Ordinals have been growing in popularity — and it hasn’t taken long for other blockchains to join the race. Throughout 2023, many other chains have implemented their own variations of 

 on Ethereum, Solinscriptions on Solana and Arbscriptions on Arbitrum (ARB).

 (NFTs) are unique crypto tokens that reside on a blockchain and are typically used to certify ownership of a digital artwork.

 The actual artwork — be it an image, animation or video — is usually stored off-chain, while the NFT itself contains metadata confirming the ownership and other vital details.

Metadata associated with an NFT includes detailed information such as the artwork's title, the artist's name, a description, the unique identifier, the date of mint and potentially other relevant details (for instance, edition number or properties specific to the blockchain where it's hosted). The process of minting an NFT requires using smart contracts and paying 

NFTs experienced a boom in 2021. The most expensive NFT, "The Merge", sold for a whopping $91.8 million. Other famously 

 include Beeple's "Everydays: the First 5000 Days", which fetched $69.44 million, and "CryptoPunk #5822", which sold for $23.7 million.

Differences Between Ordinal Inscriptions and NFTs

Ordinal inscriptions and standard NFTs used on smart contract chains share one fundamental commonality — both are used to facilitate the creation of, and trade in, uniquely identifiable, non-fungible crypto tokens. Yet their resemblances end pretty much there. Behind their similar façades, Ordinal inscriptions and NFTs are actually very distinct technologies. Let's take a closer look at the critical differences between them.

The most apparent technical difference between Ordinal inscriptions and NFTs concerns the use of smart contract technology. NFTs require smart contracts. Without these, NFTs can’t be minted or transferred. In contrast, though often referred to as Bitcoin NFTs, Ordinal inscriptions don't use smart contracts at all. In fact, they couldn’t, given the Bitcoin network’s lack of smart contract functionality. Rodarmor's ingenuity lies in being able to implement NFT-like functionality on Bitcoin without the need for any smart contracts whatsoever.

Ordinal inscriptions store all the media or artwork inscribed onto a satoshi token right on the Bitcoin chain. In contrast, most NFTs store only the metadata associated with the artwork on-chain. The actual media is stored off-chain, often on centralized platforms such as Google Drive, Dropbox or other Web 2.0 cloud solutions.

Options also exist to store your NFT-related digital assets on decentralized storage platforms, such as the 

 (AR). However, even in these cases, the NFT token typically resides on a different platform from the one on which its artwork is hosted. For example, many NFTs are stored on Ethereum or Solana, while their associated artwork is kept on IPFS.

Essentially, an NFT token residing on a blockchain serves only as a pointer or reference to the media it describes. This is the typical implementation of NFT technology, and stems largely from the fact that most blockchains don’t have the optimal technical environment for storing anything other than small-size data.

There are ways to store your NFT and all the media associated with it fully on-chain. Some platforms even facilitate the process of creating 

 for users. However, file size limits and transaction efficiency are still limited in these cases. As of early 2024, the most common way of creating and storing NFTs involves the use of off-chain storage environments.

As of mid-February 2024, the costs of inscribing a satoshi on Bitcoin are significantly higher than the costs of minting an NFT, perhaps aside from NFTs on Ethereum, a chain known for its scandalously high fees.

Most creators use third-party platforms like 

 to inscribe Ordinal tokens. These platforms make it easy to handle the whole inscription process without requiring the user to dive deep into technicalities. While technically adept users can inscribe directly on the chain without the use of third parties, the technical details of the process are far from trivial. 

With that in mind, we’ve calculated how much it would cost to inscribe a token for a typical non-technical user via the OrdinalsBot platform, one of the most popular and affordable services for Ordinal inscriptions. Using the platform’s interface, we first submitted a tiny 9 KB image file to be inscribed, and requested the most affordable (lowest priority) setting, which takes several days to complete the whole inscription process. We received a quote of $11. When we asked for the normal priority, which takes one hour to process an inscription, the price rose to $23.

However, 9 KB is hopelessly small for any serious image-based artwork, so we decided to use a more realistically sized image of 300 KB, still not a large file by any stretch. This is when the costs exploded! On the economy setting, which takes several days to process, the quote we received was $179, while the normal priority (one hour to process) was $529.

Even on Ethereum, well-known for its high transaction fees, the typical cost to mint an NFT is between $50 and $200, somewhat lower than the cost of getting an Ordinal inscription on Bitcoin. Moreover, most other NFT-capable chains feature minting costs that are orders of magnitude lower than the amounts above. For instance, minting on 

 (POL) will set you back by just a few cents, while creating a Solana-based NFT normally costs $2–$4 these days.

The NFT market is much older and more established — and features higher liquidity levels — as compared to the nascent Ordinal inscriptions market. The first NFT was minted back in 2014, and by 2017, the 

blockchain game had led to an explosion of interest in NFTs. By 2021, the NFT niche was a multibillion-dollar market, and an essential subcategory of the broader crypto market. 

While the NFT market has declined from its heyday of 2021, it still features considerable trade volumes. In fact, in the last 30 days to Feb 18, 2024, total NFT sales were slightly over $1 billion.

On the other hand, the Ordinal inscriptions market has recently celebrated its first anniversary. And yet, its market already features trading volumes similar to those found in the NFT sphere. In January 2024, the total trading volume of the Ordinals market was 

, quite a number for such a new area. While the price of inscriptions may not have quite reached that of NFTs at their peak, the high

st inscription sale price was already recorded at 10.4 BTC (around $450,000 at the time of sale in December 2023) for a Bitcoin inscription from the 

Being fully on-chain, Bitcoin Ordinals arguably feature a higher security level than that of NFTs, most of which have their actual artwork stored off-chain. The blockchain's built-in cryptographic security mechanism and decentralization play a crucial role in protecting on-chain assets, including Ordinal inscription tokens.

In contrast, NFTs often rely on centralized Web 2.0 platforms that might be more vulnerable to security hacks than blockchains. Moreover, Bitcoin — the home of Ordinals — is often cited as one of the industry's most secure (if not 

 most secure) decentralized blockchain networks.

Ordinal inscriptions are a fledgling technology, with a market that’s still in initial development. Among the pioneering platforms where you can trade inscriptions is the 

 and similar inscription tokens from various other blockchains.

The Bybit Inscription Marketplace also facilitates a trade in inscribable, fungible cryptocurrencies, fungible cryptos based on the same inscription technology as their non-fungible counterparts (Ordinal inscriptions). On Bitcoin, they’re based on the 

 that leverages the Ordinals protocol to facilitate the launch of fungible and inscribable crypto assets. The Bybit Inscription Marketplace features a variety of 

, as well as similar tokens from other blockchain platforms.

Since NFTs are a much more mature technology than Ordinal inscriptions, they’re available on a broader variety of centralized and decentralized platforms. Some 

 include OpenSea, Rarible and SuperRare, among many others.

Bybit is also among the leading providers in the NFT market, with two marketplaces for NFT-focused trade — 

 — to cover the needs of all segments of NFT creators and traders. Both marketplaces allow you to list and trade NFTs. Meanwhile, NFT Pro offers a couple of additional, innovative features, one of which is the ability to aggregate NFT data and offers from different external marketplaces. Moreover, NFT Pro allows you to synchronize your bids with all aggregated marketplaces.

Ordinal inscriptions have brought the concept of NFTs to the Bitcoin chain, albeit in a unique way that’s not based on smart contracts. Now, you can have your unique artwork represented on the world’s first, largest and arguably most secure blockchain — a privilege that wasn’t available to NFT enthusiasts in the past. For digital collectible investors, there are also opportunities in the Bitcoin NFT niche. The Ordinal inscription market, although relatively new and lacking the volumes seen in the NFT market, is growing fast, and with a less developed market come unique opportunities for returns.

NFTs also continue to be a thriving area of the crypto market. Although their trade volumes are down, compared to the days of the 2021 NFT mania, the NFT concept isn’t going anywhere. Perhaps the emergence of Bitcoin Ordinal inscriptions was something that the NFT market needed in order to experience another spike in interest from creators and traders alike. People are talking NFTs again — and this time, it’s thanks to Ordinal inscriptions.

 or trader who’s interested in digital collectibles, when you’re choosing between standard NFTs and Bitcoin Ordinal inscriptions, take into account that there are some fundamental differences between the two. Sometimes, it pays to try both so you can compare and contrast what works better for your individual needs.

Ordinal Inscriptions vs NFTs: How Are They Different?

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