About Ordinals
Ordinals is an innovative blockchain project that adds an additional layer of valuation to NFTs (Non-Fungible Tokens). It does so through its unique ordinal ranking system, which differentiates NFTs based on specific criteria, thereby adding a distinctive value to each digital asset. The project operates under the token name NOOT and offers decentralised trading and validation of digital assets.
NOOT Token
The NOOT token is the native currency of the Ordinals platform. It serves multiple purposes within the ecosystem, including facilitating transactions, rewarding platform participants, and serving as a voting right in the project's governance system. Users can mint, trade, and stake NOOT tokens in a decentralised way, ensuring transparency and security in all transactions.
Minting and Trading
Minting and trading of NOOT tokens are carried out in a trustless and decentralised manner on the Ordinals platform. Users can mint new tokens by participating in the platform's activities or purchase them from other users within the marketplace. The decentralised trading system of Ordinals ensures that all transactions are transparent, secure, and free from third-party interference.
Ordinal Ranking System
The ordinal ranking system is the cornerstone of the Ordinals project. It categorizes NFTs into different ranks based on certain criteria, which adds an extra layer of valuation to these digital assets. This unique ranking system paves the way for a more structured and reliable marketplace for NFTs, where digital assets can be accurately valued and traded.
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