# OUR NOVA MARKETPLACE

NOVA is a marketplace for trading inscriptions - an innovation built on top of Bitcoin that can most simply be thought of as NFTs for Bitcoin. Ordinals allow a variety of data, including text, images, and video to be inscribed on a single Satoshi (the smallest denomination of a Bitcoin) and permanently stored on the Bitcoin blockchain. These inscribed Satoshis can then be sent between wallets, just like any other Bitcoin transaction, effectively allowing the transfer of ownership of the inscription. You can read more about ordinal theory and how the protocol works on [ordinals.com](https://ordinals.com/).

How Nova Marketplace Works

Ordinals Market facilitates the trading of Bitcoin inscriptions on Bitcoin natively using browser Bitcoin wallets such as Xverse integrates a cross-functionality with the Binance Smart Chain.

Ordinal Nova also introduces a unique burn mechanism. This deflationary strategy is designed to reduce the total supply of tokens over time, creating scarcity and potentially driving up the value of remaining tokens. This mechanism is balanced with a rewarding system that provides BNB rewards to holders, incentivizing long-term holding and fostering a stable and committed community.
