A new trend is emerging in the Ordinals space called Sats Hunting. People are looking for individual satoshi units that have some kind of notable or historical value to them. There are many classes of rarity groups. For example, some sats are rare because they are part of the earliest blocks ever created by Satoshi, some are rare because they were part of the first transaction between Satoshi and Hal Finney, others are rare simply because they are palindromes. Nonetheless, finding these sats is proving valuable because new inscribers are deciding to inscribe their creations onto sats that have these rare “sattributes”. Adding this new dimension of value will serve to increase the overall assets worth, at least that is the hope and aspiration. Already tools exist to scan existing Bitcoin to determine if there are rare sats among them. Will this be the next trend that makes new millionaires similar to a gold rush?
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The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
0:00 - Rarity levels determine Satoshi's value
5:00 - SAT rarity drives Bitcoin's evolution
10:00 - Hunting rare stats in Bitcoin
15:00 - Growing market for rare SATs
20:00 - Appending value layers to art
