One year after the platform launched its Bitcoin NFT Marketplace, Gamma.io has launched a .btc domain marketplace for web3 decentralized identities.
Palo Alto, California, October 5, 2022 /PR Newswire/ — Gamma.io, the leading open marketplace for Bitcoin NFTs, has announced the launch of its BNS marketplace for .btc decentralized identities and domains, built on Bitcoin’s Stacks programming layer. Within hours, the domain market was trending with .btc domains becoming the most popular NFT on the platform.
In April, the company announced a new brand, Gamma, and plans to become the world’s web3 social hub, centered around NFTs. As digital asset ownership proliferates, Gamma provides a platform that serves as a home for collectors, creators and investors to come together to explore, trade and showcase extraordinary NFTs through the Bitcoin ecosystem. Decentralized identities are a natural evolution and extension of the kinds of use cases the company is promoting.
“At Gamma, we strongly believe in the future of decentralized identities and are excited to take this step to drive adoption on the most secure blockchain, Bitcoin. Jamil DananiHe continued, “Bitcoin was the first home of decentralized identities on the blockchain. Recent technological breakthroughs using the stack programming layer are what Web3 users have come to expect from other decentralized identities. We have unlocked the user experience needed to make them happen in a way that has become like the one on Ethereum.”
In recent months, the growth and popularity of the Ethereum Name Service (ENS) has exploded as more web3 users discover the power of decentralized identities. BNS seeks to revive its early vision of human-readable Bitcoin addresses and a user-owned internet.
Gamma is the leading open marketplace for Bitcoin-protected NFTs powered by Stacks. Gamma consists of three core platforms. A user-first marketplace for exploring and collecting NFTs, a fully tested no-code artist, a creator-first launchpad for deploying smart contracts in minutes, and a social platform that connects creators and collectors. . In an attractive and Web3 native way. Gamma supports over 1,000 NFT collections, nearly 70% of which are deployed using no-code portals. Its marketplace facilitates multi-million dollar transactions and supports the largest number of NFT contract transactions of any platform built on Bitcoin.