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the labitbu is out of the bag. here's the tl;dr:
this is a science fair project that escaped the lab. if the degens like it then maybe something will happen next (but no guarantees). FAFO stuff
what it is: we put the jpeg into a different part of a transaction (the "control block" of a taptree), it's much harder to "filter", it can only be 4kb in size
there is a site to mint them here:
it's kinda like an inscription and it's tracked with ordinal theory
BUT there are no explorers for them, no tracking, and your wallet will not show them.
but you can kinda manually track them by watching the UTXOs in your wallet (just like early ordinals)
there are only a few different types & combinations, but that could change. there are some ways to gamify getting new labitbus that I won't get into.
there's no "collection" or "supply" -- this is just a hackathon project that I think is cool and uses clever new tricks to put jpegs onto bitcoin. this is a fun collectible and speculatoooors should know the risks by now.
if you don't know what you're doing I recommend you make the "destination address" a fresh xverse wallet taproot address and sit tight.
I suggest you try and mint 1 or 2 for fun, no expectations. It'll cost you ~$10 and you can get a labitbu!
if you want it enough, maybe someone will make an explorer & tracker, maybe there will an actual collection -- who knows? maybe nothing will happen.
the uncertainty is the best part 🐰

I am not behind labitbu, I just like to bait degens into wasting sats and maybe a few of them get interested in obscure bitcoin tech
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