Stacks (STX) has resumed its rally once more as Bitcoin Ordinals make their way to the mainstream. This time around, it is as a result of DeGods, the largest NFT collection on the Solana blockchain (which subsequently moved to Polygon), announcing its very own Bitcoin Ordinals NFT collection.
The DeGods team seems to have gone in the same direction as the Yuga Labs Bitcoin Ordinals NFT collection, opting to use the auction method that Yuga employed. However, unlike Yuga, the DeGods Ordinals collection is made up of 535 never released and very rare NFTs from its OG collection which are being inscribed on the Bitcoin block 776408.
The first auction was ‘The Original Frank’ NFT which was used by Frank, one of DeGods’ founders. The NFT sold for a total of 44,256 $DUST, which translates to 3.2 BTC with the inscription number #77238. This is over 700% higher than the original price of 0.44 BTC that was previously set for the collections, but the auction system allows NFTs to sell for even higher than the price set for them.
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