Why 1Sat Ordinals Discord group is the place to learn all about BSV tokens

What’s the hottest topic in BSV right now? Enterprise? Coming soon. Market cap? No comment. If you’re looking for a place with a lively atmosphere and friendly locals, the best place to look right now is the 1Sat Ordinals “community.” The group’s Discord server reached its 1,000-user milestone this week, and that number is growing daily as word gets around that BSV could be the best blockchain for minting, mining, and trading Ordinals tokens.

You can join 1SatOrdinals Discord with this link.

The Discord group is the perfect companion to the 1sat.market website, a recent rebranding of the 1Sat Ordinals portal that added a token trading market. It’s also a BSV and Ordinals wallet, and you can use it to mint your tokens—one-offs, collectible series, or other experiments.

However, if you’re a total newcomer to the Ordinals world (or even if you’ve been floating around Bitcoin for years) the concept of Ordinals, non-fungible tokens (NFTs) and the many possible ways to use them can be daunting. This is probably because most of the future use cases haven’t even been thought of yet. It’s still a new idea, which means even if the discussions don’t answer your question directly, they may provide useful inspiration that could be beneficial in the future.

It’s all experimental and fun at this stage, like a meetup group where people sit around and muse about what might be as they create artsy collections and speculate on future values. For the record, we maintain that creating tokens and trading them for the sake of speculation is degenerate, risky and not-advisable—to be of real economic value, tokens should represent something in the real world rather than act as assets themselves. On the other hand, we acknowledge that experimentation with markets, trading platforms and use cases is necessary to build something great.

POW20 RUNES difficulty is now 7 pic.twitter.com/DFcA76tUp4

— 1Sat Ordinals 🟡 (@1SatOrdinals) July 29, 2024

Things you can do in 1SatOrdinals Discord

There are at least 35 different channels within the Discord group on 1Sat Ordinals topics, Bitcoin/BSV in general, and related fields like identity, artificial intelligence (AI), mining, games and app development. 1Sat Ordinals developers are active in the chat and on hand to face any question users have, whether beginner-level or esoteric.

“I love when people want to learn. Always happy to share my time for this,” 1Sat Ordinals developer Luke Rohenaz posted yesterday.

The most popular member of the Discord group isn’t human, though. It’s an AI bot named “Ordi” whose job is to answer questions, create images, mint new NFTs on request and manage token airdrops. To receive your share of airdropped tokens, register your 1Sat Ordinals receiving address in the #airdrop-reg channel (be sure to register your 1SatOrdinals address, not your BSV one).

For example, there’s a channel titled “gm.” Simply posting those two letters in that channel once every 24 hours puts you in contention to receive drops of the GM BSV-20 token. Ordi will grant you a Pixel Fox token for doing that five days in a row. If you’ve registered in #verify, you’ll receive random drops of several other tokens as well.

The Ordi bot also hands out Pixel Fox NFTs as prizes for its polls and “pop quizzes,” which appear every 1-1.5 hours in one of the group channels. This is actually a good way to make sure users sample all the information available on 1Sat Ordinals, as you scroll through all the different threads hunting for the latest poll. I can say I’ve personally picked up some handy snippets of information doing this, information I probably wouldn’t have seen otherwise.

Transactions are creeping up because of POW20 mining on @1SatOrdinals. https://t.co/Rw41eo1g89

— GorillaPool (@MineLikeAnApe) July 28, 2024

Once you’ve found out all about 1Sat Ordinals and how to use them, and received a wallet full of weirdly-named and confusing token airdrops, it’s time to try some actual mining. 1Sat Ordinals developers have created a POW20 miner, a command-line app that your own computer’s GPU (or even CPU if you’re patient) to mine some BSV-21 fungible tokens.

Different tokens have different POW difficulty levels and some are definitely more popular than others, usually depending on their catchy name or ostensible “market value.” However even a fairly average desktop PC can mine enough tokens of some kind or another to feel like fun. The feeling is a bit like mining Bitcoin or one of the earlier altcoins back in the day, and it’s pretty simple to set up.

All this is just scratching the surface of what 1Sat Ordinals are and what they might one day become. There’s still plenty of detailed information on the 1sat.market site (with links to full documentation) and in the Discord group that even we haven’t found yet. Perhaps the best thing to do is simply jump in and start exploring. Even if you never mine, mint, or use a single token, you’re guaranteed to learn a lot.

Watch: Tokens on Bitcoin? 1Sat Ordinals and sCrypt