Bitcoin Ordinals Debut at Iconic Auction House

In a new landmark event for the Bitcoin ecosystem, 250-year-old auction house Christie’s will auction off the digital artwork titled “Ascend” on October 10. It is a piece, recorded in the Bitcoin Ordinals protocol, and marks the first appearance at Christiés of non-fungible tokens (NFTs) registered on the network developed by Satoshi Nakamoto.

The work, created by artists Ryan Koopmans and Alice Wexel, became an Ordinal on March 24, 2021, when it was recorded in Bitcoin at block height 861,310. It fuses photography with cutting-edge 3D technology to digitally regenerate abandoned buildings, as detailed on Christie’s official website.

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