Gamma.io, the leading open market for Bitcoin NFTs, has revealed the launch of its BNS market for.btc decentralized identities and domains, built on the Stacks shows layer for Bitcoin. Within hours, the domain market was trending, with.btc domains ending up being the most popular NFTs on the platform.
In April, the company revealed its new brand, Gamma, and its strategy to end up being the world’s web3 social center focused around NFTs. As digital possession ownership proliferates, Gamma will provide a platform to act as the home for collectors, creators, and financiers to come together to explore, trade, and showcase remarkable NFTs through the Bitcoin community. Decentralized identities are a natural evolution and expansion of the kinds of usage cases that the company is facilitating.
” At Gamma, we highly believe in the future of decentralized identities, and we’re thrilled to take this step in enhancing their adoption on the most safe and secure blockchain, Bitcoin,” stated Founder and CEO, Jamil Dhanani. He continued, “Bitcoin was the initial home for decentralized identities on the blockchain. Recent technological advancements utilizing the Stacks programs layer have actually opened the user experience needed to make them a truth, in a way web3 users have pertained to expect from other decentralized identities, like those on Ethereum.”
In current months, the Ethereum Call Service, ENS, has actually exploded in growth and popularity as more web3 users find the power of decentralized identity. BNS looks for to renew the initial vision of human-readable Bitcoin addresses and a user-owned internet.
About Gamma
Gamma is the leading open market for Bitcoin-secured NFTs, powered by Stacks. Gamma consists of 3 core platforms: its user-first market for checking out and gathering NFTs, its creator-first launchpad for artists to release fully-tested no-code, smart agreements in minutes, and its social platform, which unites creators and collectors in an engaging and Web3-native way. Gamma supports over a thousand NFT collections, almost 70% of which were deployed utilizing its no-code website. Its market has facilitated millions of dollars of transactions and supports trading the largest variety of NFT contracts of any platform built on Bitcoin.
