Bitcoin Miladys, a Bitcoin-based derivative of the Miladys NFT collection, has introduced the BRC-721E token standard in collaboration with Ordinals Market and Xverse.
Bitcoin Miladys Introduces Standard for Converting Ethereum NFTs to Bitcoin Ordinals
The growth of Bitcoin NFTs has been notable, with Ordinals surpassing 10 million inscriptions on Monday, compared to 3 million inscriptions in early May. In terms of trading volumes, Bitcoin has secured the second spot on the leaderboard, trailing just behind Ethereum.
Notably, Binance NFT and Magic Eden have also expanded their support for Bitcoin NFTs in recent months, reflecting the increasing interest in the Bitcoin NFT ecosystem. The BRC-721E token standard bridges the gap between Ethereum and Bitcoin, providing traders with the opportunity to convert and explore new possibilities for their NFT assets.