{
  "url": "https://blockindex.ai/coin/ordi",
  "name": "ORDI",
  "links": {
    "github": null,
    "website": "https://coinmarketcap.com/currencies/ordi/",
    "whitepaper": null
  },
  "dScore": 48,
  "market": {
    "priceUsd": 3.0626619763357037,
    "marketCapUsd": 64315901.503049776,
    "volume24hUsd": 18939253.31596607,
    "priceChange7dPct": -7.14766022,
    "priceChange24hPct": -2.98195303
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 21000000,
    "circulating": 21000000,
    "circulatingPct": 100
  },
  "ticker": "ORDI",
  "founder": "Domodata",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:18.600624+00:00",
  "fairLaunch": false,
  "launchYear": 2023,
  "description": "ORDI is a token associated with the Bitcoin Ordinals ecosystem and the practice of inscribing data onto individual satoshis. It exists within the broader Ordinals/BRC-20 movement that repurposes Bitcoin transaction outputs to carry immutable content (images, text, audio, or small programmatic payloads) directly on-chain. ORDI is commonly presented in market-tracking sources as a representative BRC-20-style asset that captures speculative and utility interest in Bitcoin-based inscriptions rather than as a standalone protocol with its own consensus or validator set. The supplied documentation and market snapshots emphasize ORDI’s role as an inscription-associated token and its presence on mainstream market trackers and exchanges, rather than detailing an independent development team, foundation, or formal governance apparatus.\n\nTechnically, ORDI does not run on a separate blockchain; instead it piggybacks on Bitcoin’s UTXO model and proof-of-work security through the Ordinals inscription mechanism. This approach leverages Bitcoin’s base-layer immutability: inscriptions are created by embedding content into transaction outputs, which are then secured by Bitcoin miners and propagated by Bitcoin nodes. As such, ORDI inherits Bitcoin’s consensus (PoW) and security characteristics while enabling a novel fungible token (BRC-20-style) and non-fungible inscription use cases without introducing a Layer-1 derivative chain. The documentation provided focuses on market and explorer-level metadata rather than describing unique ORDI protocol-level innovations or separate client implementations.\n\nIn practice, ORDI’s primary use cases are tightly coupled to the cultural and collectible dynamics of Ordinals inscriptions. Creators and collectors use the token to represent and trade inscription-driven assets, facilitate speculative markets tied to particular inscriptions, and enable on-chain provenance for small digital artifacts. Because inscriptions are stored directly on satoshis, the ORDI narrative centers on permanence and direct-chain provenance rather than off-chain metadata storage. This creates friction for certain application classes (large media, high-throughput marketplaces), but also a unique value proposition for collectors and archivists who prioritize immutability and censorship resistance.\n\nTokenomics for ORDI, as reflected in the provided materials, are simple and fixed: the asset has a maximum supply of 21,000,000 ORDI and a circulating supply equal to the max supply, implying a hard cap and full distribution as represented in the market snapshot. No explicit premine, public-initial-percentage (PIP), or founder allocation percentages are described in the supplied sources, and no ICO/IEO/IDO mechanics are documented. Because ORDI is an inscription-based token on Bitcoin it does not carry native staking rewards, dev-fund block allocations, or token inflation schedules independent of Bitcoin’s base-layer economics. The market snapshots included indicate price volatility, a documented all-time high and low, and active trading volume on mainstream exchanges, but the sources do not provide a detailed on-chain treasury or controlled allocation schedule.\n\nGovernance and team information are not specified in the provided files. There is no explicit company, CEO, or on-chain DAO governance mechanism documented in the materials provided; therefore, ORDI is presented operationally as a tokenized cultural/market asset rather than a protocol governed by formal token-holder voting or a corporate steward. Development activity, roadmaps, and upgrade schedules are likewise absent from the collected inputs. Given the nature of Ordinals and inscription-driven tokens, ecosystem activity tends to be community-driven and ad-hoc, relying on market actors, marketplaces, and open-source tooling rather than a single centralized development track. Future roadmap or governance evolution for ORDI would typically be signaled through external channels or formal documentation not present in the provided summary.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "BTC"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 7,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}