TechFlow news, a new fund backed by the owner of Bitcoin Magazine, "Unbroken Chain," plans to raise $5 million to actively trade "Ordinals" and "inscriptions." General partners include UTXO Management (the fund division of BTC Inc., owner of Bitcoin Magazine) and Isabel Foxen Duke (former communications director for Ordinals creator Casey Rodarmor).
Unbroken Chain has already begun investing with $1.5 million in capital, with initial assets including a Bitcoin Rock—an inscribed Ordinal from the first consecutive collection—purchased on September 20 for 3 bitcoins (approximately $85,000).
While Ordinals and BRC-20 tokens may bring greater utility to Bitcoin, they remain controversial among some developers who argue that these tokens are congesting the network, increasing fees, and "polluting" the blockchain with data unrelated to Satoshi Nakamoto's original vision of a peer-to-peer electronic cash system.
