The Ordinal network, a new platform that allows users to number and transfer individual satoshis with images, videos, or text assigned to them, has generated excitement in the crypto world. While Bitcoin NFTs are a new asset class that can be held and viewed with Ordinal’s wallet software, they are limited in their capabilities and cannot interact with smart contract blockchain networks such as Ethereum, BNB Chain, Polygon, and Avalanche. This leaves users unable to trade Bitcoin NFTs on modern exchanges, and they must resort to sharing Google Drive documents to demonstrate bids and trades between addresses.

However, the project “Ordinary Oranges,” a collection of 256 unique satoshi inscriptions on the Bitcoin network, offers a solution to this problem. Unlike ordinary Bitcoin NFTs, Ordinary Oranges are accessible on the Ethereum mainnet, where most NFT trading currently takes place. Any holder of Ordinary Oranges can choose to “burn” their NFT on the Ethereum network, which will release their unique inscription on the Bitcoin network. To receive the assets safely on the Bitcoin network, holders must have an Ordinal or Sparrow Wallet address with UTXO control.

The brainchild of CapsuleNFT, a composable NFT infrastructure protocol, Ordinary Oranges empowers users with added choice and flexibility. CapsuleNFT enables the simple and elegant packaging of digital assets such as NFTs and cryptocurrency tokens, allowing for easier transferability and maximum creative freedom.

Jeff Garzik, co-founder and CEO of Bloq, a leading Web3 applications and infrastructure company, said that Capsule’s expansion onto Ordinal showcases the composable nature of CapsuleNFT and points to new possibilities for NFTs on the Bitcoin network.