24/05/2023 In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position.

Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platformCryptoSlam, which is remarkable considering Bitcoin NFTs didn’t effectively exist before the enabling of inscriptions on the Bitcoin mainnet in January 2023.

The data shows that in the past thirty days,Bitcoin NFTshave grossed about $167 million, which is several figures shy of Ethereum’s near-$397 million. However, NFT sales on Bitcoin are nearly three times larger than on the Solana network, according to Cryptoslam, trailing behind at about $57 million.

Bitcoin’s accelerated rise to prominence in the NFT space isfueled by the Ordinals Protocol, a mechanism for inscribing satoshis, the smallest unit of bitcoin, with data such as a JPEG. While they’ve beenmet with criticism in the Bitcoin community, NFT giantYuga Labs released their own Ordinals-based collection in February, fueling hype and capital into their adoption.

CryptoSlam reports Bitcoin Frogs as thecurrent top Bitcoin-based NFT collection, which has earned $6.3 million in sales over the past seven days. The collection got a pump last week, raking in$2.3 million in sales on May 17.

Arts

https://www.coindesk.com/web3/2023/05/22/in-nft-sales-bitcoin-jumps-to-no-2-spot-in-a-matter-of-months/

Interesting NFTs
The Moth Catcher
In this psychologically bed-headed portrait, a creature sets in a trance; his eyes devolved and vestigal, his third eye open but hardened and in a form resembling a Sharingan. The imagery therefore expresses an awareness existing in corporeal introspection. The creature’s mind sprouts, on the left side, an emerging face, grinning. To the right side of the head, red tentacles and fingers intertwine–a collaboration of invertebrate and vertebrate consciousness cooperatively handling paint brushes of the sort used to build an oil painting. The neck and throat bristle with random thorns, as from a rose or the upper portions of a beak sprouting from its flesh. The neck itself disassociates into layers of membranous material, terminating upon an abstracted base of convoluted forms composing its body. The nose is virtually non existent, more a sinus reiterative of the shape of the third eye. Set against the exposed teeth peering out of thick, meaty cheeks, a skeleton-like impression results. That impression sets behind a visceral set of lips and tongue, which is the creature’s prime seat of awareness. Sensual, organic, the tongue organ hangs, meaty, and with consciousness of a sea cucumber. It illuminates at the tip, drawing the attraction of a nearby moth–with mystery of purpose.
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By OthersideDeployer
AI Huascaq #3/5
Transdimensional art is a movement of blending online and offline stylesassisted blending and combining different styles of online and offline art. AI Huasca uses a DMT style AI blending over a kaleidoscopic remix of a painting that was "generated" via acrylic paint after an entheogenic trip.
Lake Suwa in Shinano Province, from the series Thirty-six Views of Mt. Fuji
Katsushika Hokusai (1760-1849) Lake Suwa in Shinano Province, from the series Thirty-six Views of Mt. Fuji 1831 - Japan
Tile [7, 13] - The Notch
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