NodeMonkes NFT Collection on Bitcoin
Sector: Tertiary sector · Industry: Non-profit organisations · Organisation: NodeMonkes + Pediatric Cancer Research Foundation · Maturity level: Production
NodeMonkes is an NFT collection of 10,000 Bitcoin Ordinals minted on the Bitcoin blockchain. The collection is held by 5,132 owners and has a market capitalization of 231.80 BTC ($33,747,284). The floor price is 0.031 BTC ($3,374.73) and the NFTs are traded on the MagicEden platform.
Documentation status
- Project status: Production
- Evidence: Evidence medium
- Editorial review: Ufuk Avci, 15 April 2026
Description
NFT auctions for charitable purposes combine two trends: the NFT collector community and crypto philanthropy. Artists and projects issue NFTs whose proceeds flow directly and verifiably on-chain to NGOs or social projects.
The principle: An artist or organisation creates an NFT; upon sale, a defined percentage of the proceeds is automatically transferred via smart contract to a charity. All transactions are transparent on-chain. NodeMonkes is one of the best-known Bitcoin Ordinals NFT collections: a set of 10,000 monk-like pixel artworks on the Bitcoin network (Ordinals protocol). The collection generated significant trading volumes; part of the proceeds went to community-chosen donation projects. NFT philanthropy is a growing segment: well-known examples include Bored Ape Yacht Club charity events, World of Women (women's rights) and Ukraine NFT fundraisers (15 million USD raised within 24 hours after the Russian invasion). The Giving Block (USA) processed over 300 million USD in crypto donations to nonprofits in 2021, a significant share of which was in NFT form.
Perspectives
B2B — organisations perspective
NGOs and foundations can use NFT auctions as new fundraising tools: seamless on-chain transparency of donation flows, access to the crypto community as a new donor target group.
B2C — consumers perspective
Donors receive digital artworks as NFTs for their contributions — a lasting proof of ownership of their philanthropy, tradable on secondary markets and transparently documented on the blockchain.
Employees perspective
Employees in blockchain companies need to become familiar with Bitcoin Ordinals technology to develop corresponding products and services. Developers expand their skills to include Bitcoin-specific NFT programming.
Benefits
General
- Bitcoin Ordinals offer the security and decentralisation of the Bitcoin blockchain for NFT storage.
- The high market capitalisation of over 33 million USD demonstrates the economic potential of Bitcoin-based NFTs.
- An active community of over 5,000 owners ensures liquidity and market activity.
B2B — organisations
- Companies can use Bitcoin Ordinals as a new business opportunity for NFT marketplaces and wallet services.
B2C — consumers
- Collectors benefit from the stability and security of the Bitcoin blockchain for their digital artworks.
Employees
- Developers acquire sought-after skills in Bitcoin Ordinals programming for the growing market.
Challenges
General
- Bitcoin Ordinals are a relatively new technology with limited tool support compared to Ethereum NFTs.
- The Bitcoin blockchain has longer transaction times and higher fees than specialised NFT blockchains.
B2B — organisations
- Companies need to develop and implement new infrastructure and tools to support Bitcoin Ordinals.
Employees
- Developers must familiarise themselves with Bitcoin-specific programming, which differs from Ethereum-based NFTs.
Technology foundation
The NodeMonkes collection is based on Bitcoin Ordinals, a technology that enables digital artworks and NFTs to be stored directly on the Bitcoin blockchain. Bitcoin Ordinals use the security and decentralisation of the Bitcoin blockchain to create immutable digital collectibles.
Implementation examples
NodeMonkes NFT collection on MagicEden
MagicEden recognised the potential of Bitcoin Ordinals as a new NFT category and aimed to become the leading marketplace for Bitcoin-based NFTs. The integration of NodeMonkes helped generate liquidity and user activity on the platform.
MagicEden hosts the NodeMonkes collection as one of the leading Bitcoin Ordinals marketplaces.
MagicEden has established itself as the primary marketplace for trading NodeMonkes NFTs and enables users to buy and sell Bitcoin Ordinals. The platform supports the entire NodeMonkes collection of 10,000 NFTs and processes trades among the 5,132 owners. The marketplace displays real-time data such as floor prices and trading volumes for the collection.
MagicEden solved the problem of missing marketplaces for Bitcoin Ordinals and created infrastructure for the secure trading of Bitcoin-based NFTs. The platform established trust and liquidity in a new market segment.
Tags
Bitcoin Ordinals, NFT, Digital art, Collectibles, Blockchain