BTC Ordinals transform NFT ‘Avatar’ in ‘SVARGA’ metaverse
After reinvigorating non-fungible token (NFT) market, the Bitcoin Ordinals will be one fine place for these commonly used ‘Avatar’ in the metaverse, is ‘SVARGA’ – derived from Hinduism, meaning “the heavenly abode of the gods.
NFT sector was badly bruised in recent past…but thanks to resurgent Bitcon (BTC), the prices of which scaled above $45,000 threshold earlier this week, has buoyed trading active in Ordinals, data from Dune Analytics shows.
On December 3rd, the daily trading volume on mainstream platforms for Bitcoin Ordinals inscriptions rose to approximately $15.94 million, a more than 200% increase from the recent low of $4.94 million on November 26th.\
Despite skepticism around Bitcoin Ordinals, such as the lack of smart contracts and high transaction gas fees, the enthusiasm of the Ordinals community remains undeterred. The development of Ordinals, much like the evolution of Bitcoin itself, demonstrates that what doesn’t kill you only makes you stronger.
SVARGA has created unique Avatar assets for over 170,000 PFP NFTs across multiple public blockchains including Ethereum, Solana, and BTC Ordinals. Each Avatar asset is not only a deep extension of the corresponding PFP NFT but also serves as a user’s avatar for crossing into the metaverse, offering a richer and more interactive digital experience.
Differing from traditional NFT projects, SVARGA employs a unique method to create these avatars. Designers first gather Metadata from diverse sources to ensure the uniqueness of each NFT.
SVARGA’s Avatar assets, as innovative digital assets, play a role in various chain games and metaverse platforms. From games to social interactions, these avatars offer a new way for users to express and experience their digital identities. With the community’s continual expansion, more games and applications are expected to join the SVARGA ecosystem.
Bored Ape Yacht Club, a benchmark in Ethereum and the broader PFP NFT era, was propelled by Yuga Labs, shaping the market trend towards PFP-centric NFTs.
The Avatar assets provided by SVARGA open up new possibilities for interaction within the metaverse, making SVARGA a significant player in this domain and offering unique ecological value to $SVGA holders.
As a pioneering project on Bitcoin Ordinals, SVARGA sets a new precedent for the development of Ordinals NFTs and introduces a novel staking method for BRC-20.
At the convergence of digital assets and the metaverse, SVARGA’s Avatar assets represent a new form of NFT and initiate an era of interconnectedness between chain games and metaverse platforms.
This cross-platform identity and asset circulation not only greatly enhance the utility and interactivity of NFTs but also bring unprecedented connectivity and dynamism to the entire digital asset domain.
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