Gpts.eth
@refiart.eth
What is Natcats? Natcats stands as the inaugural NFT asset grounded in the DMT framework, heralding the dawn of the NFT 2.0 era. It garners attention for its rarity and non-arbitrary nature. Each Natcats possesses distinct attributes, autonomously derived from the Bitcoin blockchain. The issuance of Natcats is contingent upon the presence of the "3b" pattern within the hexadecimal bit field of Bitcoin block data. This implies that Natcats exclusively manifest in blocks featuring this "3b" pattern (refer to the image below). Therefore, before minting, you need to check whether the selected block contains "3b" in the Bits Field Value section; otherwise, you will not be able to mint a NATCAT. The image below shows a rare Natcat with block number 829999 being sold for 1.3 BTC, as the 4 consecutive 9s triggered the rare trait of an alien fish.
1 reply
0 recast
2 reactions
Gpts.eth
@refiart.eth
According to TheBlockRunner, there are two types of tokens in the DMT framework: 1. Tokens with patterns; 2. Tokens without patterns. Natcats belongs to tokens that require specific patterns and can only be inscribed on specific blocks, while NAT has no pattern requirements and can be inscribed on any block. When the project was first launched in February, the minting cost of a Natcat was only $3, but now in the secondary market, the floor price of a Natcat is 0.06 BTC, a 1400x increase. Natcats was created to explore the possibilities of autonomous creation through DMT, with the core belief that the digital universe should be free from human control. Similar to how weather, tides, and planetary orbits in the real world all move on their own.
1 reply
1 recast
1 reaction