The ORDI token is a Bitcoin-based non-fungible token (NFT) and it is the first token to use the BRC-20 standard. BRC-20 is a new Bitcoin token standard that utilizes serial number JSON data to deploy token contracts, mint tokens, and transfer tokens. The name BRC-20 is modeled after Ethereum’s ERC-20 token standard, but BRC-20 is simpler and more limited.