What is rats (Ordinals) (rats)?

TLDR rats (Ordinals) is a meme coin built on Bitcoin’s Ordinals protocol, leveraging Bitcoin’s security for a community-driven, humor-focused token.

1. Bitcoin-native meme coin – Operates via Bitcoin’s Ordinals protocol, which enables token-like assets on Bitcoin’s blockchain.
2. Community-centric design – Prioritizes meme culture and decentralized engagement over utility.
3. Fixed supply model – 1 trillion tokens with no inflation, emphasizing scarcity through capped issuance.

Deep Dive

1. Purpose & Value Proposition

rats (Ordinals) merges Bitcoin’s infrastructure with meme coin culture, offering a satirical take on speculative crypto trends. Unlike meme coins on Ethereum or Solana, it uses Bitcoin’s Ordinals protocol—a system for embedding data (like images or text) onto individual satoshis (Bitcoin’s smallest unit). This positions rats as part of Bitcoin’s growing “digital artifact” ecosystem, appealing to collectors and meme enthusiasts.

2. Technology & Architecture

Built on Bitcoin’s Ordinals protocol, rats tokens exist as inscriptions—unique data attached to satoshis. This avoids smart contracts, relying instead on Bitcoin’s proof-of-work security. While lacking programmability (e.g., staking or DeFi integration), this design prioritizes immutability and censorship resistance.

3. Tokenomics & Governance

The token has a fixed supply of 1 trillion RATS, with all tokens minted at launch. No further issuance or burns are planned, creating predictable scarcity. Governance is community-driven, with decisions likely managed through social consensus (e.g., X/Twitter polls) rather than on-chain voting.

Conclusion

rats (Ordinals) is a Bitcoin-native experiment blending meme culture with Ordinals’ inscription technology, relying on community participation for relevance. While its simplicity appeals to Bitcoin maximalists and meme traders, its long-term viability hinges on sustaining engagement in a niche segment. Could decentralized communities maintain cultural momentum without utility-driven incentives?