OCM Genesis on ETH
Last updated
Last updated
Launched on Ethereum on September 11, 2021, the OCM Genesis collection sold out within hours that day.
Starting in late 2023, OCM embarked on its journey to Bitcoin Ordinals. Today, over 82% of the OCM Genesis 10K collection has upgraded to Bitcoin, leaving Ethereum and no longer tradable there. However, the remaining OCM Genesis on Ethereum still offer a golden opportunity to be purchased on Ethereum and upgraded to Bitcoin, allowing you to be part of this transformative journey and pioneering move.
First, there is historic importance to being the first to achieve something. Second, there is value in creating NFT collections both on chain and in one transaction. The tradeoff for the security that comes from hosting the images on-chain is that anything on chain is extremely expensive. OCM was able to keep the cost down by compressing everything into a single contract that was only ~10kb. To put this in perspective, the typical PFP collection takes over 100 megabytes of storage space. The cost of storing those images on-chain would likely be astronomical, over 5,000 ETH at today’s gas prices. OCM was able to compress the data by over 4 orders of magnitude because the smart contract on-chain actually generates the image from its components parts each time it is queried. OCM only used 0.798 ETH to deploy everything on-chain. By showing that this is possible, we believe more projects will launch on-chain.
Refer to official project and collection marketplace links. Find our official OCM links posted on , and in OCM Discord.
For those looking to join the ranks in making the transformative journey to Bitcoin, the remaining OCM Genesis on ETH offer an exciting option to upgrade to Bitcoin.
