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Ordinals & Historical NFTs
Leonidas is a degen that understood the inherent value of historical NFTs since the beginning, even though we are early. Quitting his previous job to dive deep into web3 he curates and educates about NFTs, recently covering all the importance of the Ordinals protocol.
0:00 - 6:30 - Who is Leonidas?
6:30 - 11:00 - What is Historic NFTs
11:01 - 19:53 - Ordinals Gold Rush
19:53 - 25:35 - Bitcoin Punks and IP
25:36 - 27:55 - Bitcoin Decentralization Ethos
27:57 - 36:20 - Rare Pepes, Spell of Genesis, and Sarutobi
36:21 - 37:58 - Is Time Enough Value?
37:58 - 44:00 - Can a Line Be Drawn?
44:01 - 51:24 - Ordinals being Tradable
51:25 - 1:01:03 - Where is More Valuable?
1:01:04 - 1:06:57 - Rounding Off
Episode Important Links
Spell of Genesis:https://spellsofgenesis.com/
Magic The Gathering:https://magic.wizards.com/en
IPFS: (InterPlanetary File System) is a decentralized, peer-to-peer file storage and sharing system. It allows for the storage and sharing of large files and data across a distributed network of nodes, making it more resistant to censorship and more efficient than traditional centralized file storage systems.
Historical NFTs: The act of documenting early NFTs and keeping a record of them based on community consensus.
ERC-721: ERC-721 is a technical standard used for creating non-fungible tokens (NFTs) on the Ethereum blockchain. It allows for unique digital assets, such as artwork or collectibles, to be created and verified as one-of-a-kind, with ownership easily transferred between users.
Etherscan: Etherscan is a blockchain explorer for the Ethereum network. It allows users to explore the Ethereum blockchain and view detailed information about transactions, blocks, addresses, and contracts on the network.
Web3: The technology powered by the blockchain that allows decentralization and data ownership providing in theory more equity to all.
CC0: CC0 stands for Creative Commons Zero, it's a public domain license that allows creators to waive their copyright and put their works into the public domain. This means that anyone can use, modify, and distribute the work without permission or credit to the original creator.
DMCA: DMCA stands for the Digital Millennium Copyright Act. It is a U.S. copyright law that criminalizes the production and dissemination of technology, devices, or services that can circumvent measures that control access to copyrighted works. It also provides a process for copyright holders to request the removal of infringing content from websites and other online platforms.
Ordinals: Information inscribed on satoshi - similar to the ERC-721 standard on Bitcoin.
ChatGPT: ChatGPT is a large language model developed by OpenAI. It uses deep learning algorithms to generate human-like responses to natural language input.
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