Ordinal Hive and Merlin Chain Join Forces to Revolutionize Ordinals Trading

[PRESS RELEASE – Los Angeles, California, June 25th, 2024]

Ordinal Hive, a cutting-edge player in the Bitcoin ecosystem, has announced a groundbreaking partnership with Merlin Chain. This collaboration aims to create the first Ordinal trading protocol specifically designed for professional traders, addressing a significant gap in the current market landscape.

The partnership between Ordinal Hive and Merlin Chain represents a major step forward in the evolution of Bitcoin-based asset trading. By leveraging Merlin Chain’s robust infrastructure, Ordinal Hive is poised to deliver a trading platform that combines fast transaction speeds, low fees, and advanced features tailored to the needs of high-frequency and high-volume Ordinal traders.

Transforming the Ordinals Trading Landscape

Unlike existing marketplaces that primarily cater to retail investors, Ordinal Hive is being built from the ground up with professional traders in mind. The platform will offer a suite of tools and features designed to meet the requirements of serious traders, including advanced market analytics, professional-grade trading interfaces, and robust API support.

“Our goal is to create a trading protocol that boasts fast transaction speeds, low fees, and provides the sophisticated tools and analytics that professional Ordinal traders need to succeed,” said Alfonso “Fonzi” Lua, CEO of Ordinal Hive. “By partnering with Merlin Chain, we’re able to leverage their technological prowess to build a platform that will set a new standard in the BTC space.”

A Phased Approach to Launch

Ordinal Hive has outlined a strategic three-stage release plan to ensure a smooth and successful launch:

Testnet Phase. Open to waitlisted users, this initial stage will allow early adopters to experience the platform and provide valuable feedback.

Beta Release. Incorporating insights from the testnet phase, the beta version will go live on Merlin Mainnet, offering a more refined user experience.

Official Launch. The full release will feature a comprehensive suite of tools and features designed to meet the needs of professional traders.

By incorporating user feedback at each stage, the team aims to create a trading protocol that evolves with the needs of the Ordinals trading community.

While the project is currently in stealth development, Ordinal Hive has hinted at exciting opportunities for early adopters. Users who bridge and list their Ordinals on the marketplace will have the chance to earn points, with more details to be revealed in the coming weeks.

The partnership between Ordinal Hive and Merlin Chain marks a significant milestone in the maturation of the Ordinals ecosystem. As the first trading protocol built specifically for professional Ordinal traders, Ordinal Hive is poised to play a pivotal role in the future of Bitcoin-based asset trading.

About Ordinal Hive

Ordinal Hive is at the forefront of innovation in the Bitcoin ecosystem, developing the first professional-grade Ordinals trading protocol. The company’s team brings together a wealth of experience from prestigious institutions and industry leaders, including UCLA, Dartmouth, USC, Google, SuperRare, Ethereum Foundation, and BTC Startup Lab.

With a focus on meeting the unique needs of high-frequency and high-volume Ordinal traders, Ordinal Hive is committed to pushing the boundaries of what’s possible in the BTC space. By combining cutting-edge technology with a deep understanding of trader requirements, Ordinal Hive aims to create a platform that will drive the next wave of innovation in Bitcoin-based asset trading.

For more information about Ordinal Hive and to stay updated on the platform’s development, users can visit Ordinal Hive’s website.

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