Bored Ape Holder Tests Bitcoin NFTs, Burns 1626 BAYC

 

Over the weekend, an owner of a valuable digital collectible made a bold move by permanently removing it from circulation. The purpose was to symbolically transfer the asset’s underlying blockchain from Ethereum to Bitcoin.

The individual responsible for this daring action is Jason Williams, also known as “GoingParabolic”. Williams burned BAYC 1626, which was nicknamed “The Blonde Don,” on the Ethereum blockchain. 

He then utilized TeleBurn to transfer the inscription of the collectible onto the Bitcoin blockchain using ordinals. Williams believes that Bitcoin is the most secure and scarce chain in the world.

The NFT community is moving to BTC, where Ordinals have brought true scarcity to collectibles.

I forever inscribed “The Blonde Don” BAYC #1626 on the world’s scarcest and most secure chain burning him off ETH forever using TeleBurn.

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