Since the emergence of Ordinal inscriptions, we've witnessed the rise of countless collections—from cutting-edge digital art to whimsical and obscure cultural artifacts. Among them, Bitcoin Puppets stand out as a meme-fueled, anti-establishment sensation that has captivated the Ordinals collector community.
In this guide, we'll explore what makes Bitcoin Puppets so unique, why the collection has built such a cult following, and how you can borrow Bitcoin against your Puppet using Liquidium.WTF.
What Are Bitcoin Puppets?
Bitcoin Puppets is a 10,001-piece hand-drawn MS Paint collection featuring mischievous, edgy, and culturally irreverent characters inscribed directly onto Bitcoin using the Ordinals protocol.
Launched in January 2024, Bitcoin Puppets evolved from earlier works by the artist known as "The Puppeteer," particularly the absurdist O.P.I.U.M. collection. With no roadmap, no copyright, and no promises, Bitcoin Puppets embrace full degen energy.
"Bitcoin Puppets have no utility and are not to be taken seriously" — just pure, unfiltered meme art. And yet, that exact attitude has helped catapult them to icon status in the Bitcoin-native NFT scene.
A Brief History of the Puppetverse
The Puppets' creator, "Le Puppeteer Fou" (a.k.a. The Puppetmaster), is an anonymous artist with roots in abstract portraiture. The origin of Bitcoin Puppets can be traced back to early days on Ethereum, where the Puppeteer and core community members originally met via the Wassies by Wassies Discord.
Before Bitcoin Puppets, the Puppeteer created:
- Lasogette: A net-art inspired generative PFP project of 7,777 NFTs on Ethereum.
- O.P.I.U.M.: A precursor to Puppets—777 hand-crafted MS Paint puppets launched on Bitcoin Ordinals, defined by whimsy and raw absurdity.
Much of the aesthetic, vibe, and culture of Bitcoin Puppets is rooted in O.P.I.U.M. The community played a role in designing traits, and the Puppeteer preserved the original absurdity while scaling up to 10,001 pieces.
Owning a Puppet is cool. But putting it to work is even cooler. On Liquidium.WTF, you can use your Bitcoin Puppet as collateral to borrow BTC through Bitcoin escrow that includes Liquidium.WTF's oracle.
Instant Loan Process
- Connect Your Wallet
Visit app.liquidium.wtf and connect an Ordinals-compatible wallet (Xverse, Unisat, OKX). - Change to Instant Module
- Select Your Puppet
Choose the Bitcoin Puppet you want to use as collateral. - Accept a loan offer: Review an available offer and follow the wallet prompts. Instant offers simplify activation, but the app and Bitcoin network determine transaction status and confirmation timing.
- Repay and Reclaim
Return the borrowed BTC plus interest before the loan expires to reclaim your Puppet. If you don’t, the lender receives your NFT.
Read the full Instant Loans guide
Manual Loan Process
Everything works the same—except you have to wait for a lender to co-sign the deal. It can take hours or even longer, depending on demand.
Borrow Bitcoin Using Your Bitcoin Puppets Now
Eligible Bitcoin Puppets can be used as collateral for BTC loans. Borrowing creates a repayment obligation and puts the Puppet at risk on default; it does not generate yield for the borrower.
Connect your wallet, select your Puppet, and tap into instant liquidity.
Don’t sell the culture. Borrow against it.
FAQ
What are Bitcoin Puppets?
Bitcoin Puppets are a 10,001-piece hand-drawn NFT collection on Bitcoin, inscribed using the Ordinals protocol. Known for their meme-heavy aesthetic, they've become one of the most iconic Ordinals collections.
Who created Bitcoin Puppets?
A pseudonymous artist known as "The Puppeteer," also behind Lasogette and O.P.I.U.M.
Where can I buy a Bitcoin Puppet?
On Ordinals-supported marketplaces like Magic Eden or OKX.
Can I borrow BTC using my Puppet?
Yes. Platforms like Liquidium.WTF list eligible collateral and current offers. Check whether your Puppet is accepted before attempting a loan.
What happens if I don’t repay the loan?
If you default, the lender can claim your Puppet. Repay the loan on time to reclaim your collateral.
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