Deed (Ordinals) Price(DEED)

At its core, Deed (Ordinals), $deed is an application of the groundbreaking Ordinals protocol, which facilitates the inscription of distinctive data—be it artwork, text, or code—onto individual satoshis, the smallest unit of Bitcoin. This transformative process essentially converts these satoshis into unique digital artifacts, designating each Deed (Ordinals) as a distinct NFT housed on the Bitcoin blockchain.

By utilizing the inherent qualities of the Bitcoin network, Deed (Ordinals) allows these NFTs to benefit from the blockchain's security and permanence. Unlike typical NFTs that may reside on other blockchains, which frequently face challenges such as high fees or transaction speed, Deed (Ordinals) capitalises on Bitcoin's established infrastructure to create a more reliable and resilient ecosystem for NFT creators and collectors alike.

The implications of this are profound, as Deed (Ordinals) encourages a novel form of asset ownership that is intrinsically tied to the world’s most recognised cryptocurrency. As such, it raises the question of how this mechanism influences the ownership, transfer, and valuation of digital assets within the broader Web3 landscape.