This leads Bitcoin into the realm of digital collectables and NFTs. The Ethereum NFT (non-fungible token) market exploded in 2021, with over $24 billion in sales of NFTs. These NFTs are typically digital assets on the Ethereum network with unique identifying numbers and were used to represent ownership of assets like art and music.
Bitcoin Ordinals could be used for exactly the same thing, with the added benefit of being associated with the most popular and long-standing cryptocurrency on the market.