Metagood is a for-profit social impact NFT startup that has gained recognition for its flagship NFT collection, OnChainMonkey. The company aims to create tokenized value for its community members while making a positive impact on society. Here are some key updates on Metagood and its OnChainMonkey collection:
- Migration to Bitcoin Blockchain: Metagood and the OnChainMonkey (OCM) community have made history by migrating their 10,000 NFT collection, OCM Genesis, from Ethereum to Bitcoin’s blockchain. This migration was driven by the belief that Bitcoin offers a more decentralized and secure blockchain for digital assets.
- Financial Subsidization: The OCM DAO (Decentralized Autonomous Organization) voted to financially subsidize the migration from Ethereum to Bitcoin, covering a portion of the substantial migration costs. The DAO proposal received overwhelming support, with 99% of voters in favor of the migration to Bitcoin.
- Innovative Features: The OCM Genesis collection on Bitcoin will have innovative features, including being on Block 9 Satoshis (sats), the first sats in circulation, and having clear collection provenance on Bitcoin. Metagood has been at the forefront of developing technologies like Recursive Inscriptions, which enable complex programs to be stored and run from the Bitcoin blockchain.
- Community Conviction: The OCM community has shown strong conviction in the move to Bitcoin, with a deep understanding of the potential and benefits of the migration. Metagood CEO Danny Yang, who has been building on Bitcoin since 2013, has played a significant role in driving this conviction.
- Osura Marketplace: Metagood has also launched Osura.com, a premier marketplace curated for high-end Bitcoin Ordinal collections. Osura aims to cater to true digital art connoisseurs by offering a curated marketplace for collectors to buy and sell digital artifacts.