OKX chief innovation officer Jason Lau argued that in open and permissionless networks like Bitcoin, all transactions are valid as long as they pay fees and conform to consensus.
While some consider the Ordinals protocol a nuisance to Bitcoin, others double down on its bet on the place of nonfungible tokens (NFTs) in the Bitcoin ecosystem.
On Dec. 18, OKX’s NFT marketplace surpassed its competitors in daily trading volume as traders became more interested in Bitcoin-based NFTs. Doubling down on the move to support Bitcoin NFTs, the company announced on Jan. 29 that it will add Atomicals and Runes to its marketplace. In addition, it will also add Dogecoin’s Doginals, venturing into supporting Ordinals in other chains.
Apart from its marketplace, OKX also announced that it would support the token standards from Atomicals, Stamps, Runes and Doginals on its Web3 Wallet.
