Bear (Ordinals)
Crypto Overview
Overview
Bear is a Bitcoin Ordinals inscription project, launched in 2023 as part of the growing ecosystem of Ordinals tokens on the Bitcoin network. Ordinals allow for the inscription of digital content directly onto Bitcoin satoshis.
Purpose and Utility
The primary stated purpose of Bear is to serve as a digital collectible within the Bitcoin Ordinals ecosystem. The project represents ownership of unique Bear-themed digital assets inscribed on Bitcoin satoshis.
Business Model and Operations
The project operates through the Bitcoin Ordinals protocol, allowing users to trade and collect Bear inscriptions. The business model is based on the transfer and ownership of these digital assets.
Real-World Adoption
As a relatively new Ordinals project, Bear has gained some traction within the Bitcoin Ordinals community, though specific adoption metrics are limited.
Development Activity
The project primarily exists as inscriptions on the Bitcoin network, with development activity focused on the creation and distribution of the Bear-themed digital assets.
Token Distribution
As an Ordinals project, Bears exist as individual inscriptions rather than traditional fungible tokens. Each Bear inscription represents unique ownership recorded on the Bitcoin blockchain.
Crypto Impact
To assign a comfort level investing in Bear (Ordinals) from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Bear (Ordinals).
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.