Ordinals Asia 2024 Unveils Ambitious Plans for ‘Bitcoin Season 2,’ Emerging Runes Token Standard, and More
The annual Ordinals-community gathering, dedicated to all things Bitcoin and the growth of the Runes ecosystem, made over a dozen significant announcements about its global adoption and development.
The event, which took place at the Soho in Hong Kong, attracted nearly 1000 attendees and brought together a diverse community of builders, leaders, investors, and founders who are working towards what was referred to as the ‘season 2’ of Bitcoin. Ordinals 2024 featured a full-day program of hands-on sessions, networking opportunities, and conversations exploring a wide range of topics, including Bitcoin Inscriptions, token standards, Ordinals, and Runes.
Casey Rodarmor, the creator of Ordinals Protocols and Runes, was among the many influential speakers who represented the future of Bitcoin at the event. Over 100 industry leaders, including Jason Lau, the chief innovation officer at OKX, and the co-founders of Taproot Wizards, Udi Wertheimer and Eric Wall, also shared their insights. The event featured leaders from Animoca Brands, Runes Dex, Magic Eden, Darewise, Opal, and other leading projects such as Merlin Chain, Botanix Labs, Xverse, and Unisat.
Prominent venture capital leaders, including Yushan Zheng, Trevor Owens, and Adrian Lai, led discussions on the global investment landscape for Bitcoin-based startups. Reports indicate that millions of dollars have been invested in such projects in 2024, with companies like Botanix Labs raising over $8.5 million earlier this year.
Leonidas, co-founder of Ordi.io and an initiator of Runestone, the largest airdrop in Bitcoin’s history, explained why NFTs and meme coins on Bitcoin are gaining traction and how investors can capitalize on the crypto bull cycle of 2024.
Key takeaways from Ordinals 2024 included major announcements about the rise of Bitcoin and investment opportunities in Asia. Discussions covered various topics related to the expanding adoption of Bitcoin, including Inscription #452, BIP-420, scalability and programmability of Bitcoin, developments within the BRC ecosystem, token standards, and the impact of Ordinals on Bitcoin mining.
Merlin Chain founder Jeff Yin led a keynote session on expanding native Bitcoin innovation from layer-1 to layer-2. The event concluded with exciting presentations from Casey Rodarmor, Benjamin Charbit, and Jan Smejkal, the host-organizer.
The mission of Bitcoin has always been to create economic freedom, and this vision is fully supported by founders and investors who are developing on the chain. They aim to make Bitcoin’s native layer-1 technology fast, frictionless, and an attractive choice for thousands of startups worldwide.
To learn more about Ordinals Asia 2024, please visit their official website.
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