Sub10K

10/10 Legendary

· Art 6/10

★★★★★★

· Utility 5/10

★★★★★

· Historical Value 10/10

★★★★★★★★★★

★★★★★★★★

· Reputation 8/10

★★★★★★★★★★

· Scarcity 10/10

★★★★★★★★★★

· Cultural Impact 10/10

In a sense, all Ordinals Inscriptions belong to a single collection, with the first 10,000 being termed Sub10K. Sub10K were inscribed before February 7, 2023, holding irreplicable historical value. Every new inscription added thereafter empowers Sub10K.

Comprising various small projects, Sub10K is linked by a consensus on Time Stamp. The number 10K is a magic number, mirroring top NFT projects like Cryptopunks and Bored Ape Yacht Club, fostering a robust community of 3,000 to 5,000 OG holders.

Without smart contracts, Ordinals protocol cannot generate royalty income for creators. Most projects are one-time deals without ongoing development. For this reason, historical significance becomes the core factor defining a project's value. Sub10K's 'First is First' is the strongest consensus in the Ordinals ecosystem.

Sub10k, born before BRC-20, represents pure art. Throughout history, enduring artworks, like the Dunhuang murals or Medieval oil paintings, have become valuable over time. On the other hand, ancient currencies, such as copper or gold coins, are valuable today not for their monetary worth, but for their artistic and historical significance, as they no longer circulate in the modern monetary system.

Sub10K Ordinals NFTs are distinct. Even if Ordinals protocol might becomes outdated and get replaced by better protocols, these very first artworks inscribed on the Bitcoin Layer 1 blockchain, will retain historical and artistic value.

Sub10K's price has not risen mainly due to early participants, especially miners, holding substantial amounts. Miners profiting from network fees and being less price-sensitive, heavy selling pressure of Sub10K is expected.

Approximately 1,500 more Sub10K sales are anticipated to shake off early participants who don't recognize the 10k value, likely taking 3-4 bull market cycles to bottom out (currently in the second cycle; the first was in May), followed by an infinite upward SuperCycle.

Investing in Sub10K, prioritize original art collections, followed by non-original art collections, with standalone images being the last preference. There will be a vast difference in price and reputation between exceptional art Sub10K and meaningless meme images in the future.

High artistic value Sub10K pieces will be auctioned at Sotheby's, while low artistic value non-original works will garner little attention, holding only their low inscription number value.

2022-12-14

Inscription #0 was created by Casey Rodarmor.

2023-02-02

Inscription #652 was inscribed. The Taproot Wizard and the 4MB Block.

2023-02-07

Inscription #9999 was inscribed.

2023-12-08

Inscription #8 was sold for 10.6 BTC.

2023-02-07

3 BitcoinShrooms were sold at Sotheby’s.