The digital marketplace for Bitcoin non-fungible tokens (NFTs), Gamma.io, has launched its marketplace for .btc decentralized identities and domains, established on the Stack programming layer for Bitcoin.
In an October 5 press release, Gamma.io confirmed the launching of its .btc domain marketplace for digital products built on the Stack programming layer for Bitcoin. While commenting about the new marketplace, Jamil Dhanani, the founder of Gamma.io, remarked:
“At Gamma, we strongly believe in the future of decentralized identities, and we’re excited to take this step in furthering their adoption on the most secure blockchain. Recent technological breakthroughs using the Stacks programming layer have unlocked the user experience needed to make them a reality, in a way web3 users have come to expect from other decentralized identities, like those on Ethereum.”
Gamma.io NFT Marketplace Overview
Gamma.io is an open digital asset marketplace renowned for offering secure Stack-powered Bitcoin NFTs. Gamma.io features three core platforms, including a marketplace for NFTs, a launchpad for artists, and a social platform for creators and collectors.
The Bitcoin NFT Marketplace supports more than a million NFT collections and facilitates millions of dollars of transactions. The market platform also supports the largest number of NFT contracts from any platform built on the Bitcoin blockchain.
Gamma.io hinted about launching the .btc domain marketplace alongside plans to become the social hub for NFTs in April. The Bitcoin NFT marketplace will now serve as the home for collectors, creators and investors. The market platform will allow users to explore trade and showcase NFTs through the Bitcoin ecosystem.
Gamma.io Follows ENS’ Footprints
The Bitcoin NFT marketplace reportedly seems to be following the footprints of its main rival .eth domain marketplace, the Ethereum Name Service (ENS), following the launch of its .btc domain marketplace.
In recent months, the ENS has exploded in growth and popularity as many crypto users understand the power of decentralized identity. Gamma.io anticipates that its new Bitcoin Name Service (BNS) marketplace will revitalize the initial vision of Bitcoin addresses.
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