DeFi News Today TheBitTimes.com

The number of Ordinals has grown from one to 10 million in less than six months. The number of Ordinals inscriptions on the Bitcoin (BTC) network has surpassed the 10 million mark, just days after its creator stepped down as the project’s caretaker. On May 28, Casey Rodarmor announced on Twitter he had stepped down as the project’s lead maintainer, claiming that he’d been unable to give Ordinals the attention it deserved. Rodarmor handed the role over to pseudonymous coder Raphjaph. I haven't been able to give ord the attention it deserves, so I am pleased to announce that @raphjaph has agreed to step up as lead maintainer! Raph is an impoverished student, and his work on ord will be entirely funded by donations. If you can, please consider donating!… — Casey (@rodarmor) May 28, 2023 Launched in January, the Ordinals protocol rapidly became the most popular way to mint new assets on the Bitcoin blockchain Ordinals originally began as a way of “inscribing” data in the witness ...

The entertainment industry needs to evolve barriers between creators and the community, and this studio is offering it. The entertainment industry is known for its daunting barriers to entry, with a tiny group of studios and networks dominating the greenlighting process for content. Even when a project does launch, the actual talent involved in its creation rarely gets to claim any ownership of its success. As for the audience, fans have few ways to participate other than consuming content and buying merchandise. All in all, centralized platforms of the Web2 era failed to offer creator s truly direct ways to connect with their target audience. Despite taking the lion’s share of a $100 billion creator industry, leading content creation platforms are often criticized for unfavorable monetization and ownership models for creator s. As a result, many talented creatives are ultimately employees of their own creations. With a user-centric approach that gives power back to the people who u...