Gamma.io Unveils a Trustless Marketplace for Bitcoin Ordinals
In Brief
The Bitcoin Ordinals marketplace by Gamma allows users to craft and exchange Ordinal inscriptions.
Gamma sets its sights on establishing itself as the premier destination for Bitcoin Ordinals.
The platform proudly sponsors the inaugural Ordinals conference and the first-ever Ordinals Art Gallery at Bitcoin Miami 2023.
Gamma.io has rolled out its trustless Bitcoin Ordinals marketplace, following the introduction of one of the first no-code Ordinals creator platforms back in February.
Thanks to the inscription service, creators have produced over 30,000 inscriptions on Bitcoin, accounting for nearly 10% of all inscriptions on the network. The new marketplace will feature Gamma's no-code launchpad and collection mints, alongside secondary listings for sought-after collections like Twelvefold and DeGods.
At Gamma's Bitcoin Ordinals marketplace, users can create and trade Ordinal inscriptions in a fashion similar to how NFTs are exchanged on platforms like OpenSea, simply by connecting their Xverse or Hiro wallets.
"With Ordinals emerging as a beacon during this crypto winter, our trustless Bitcoin Ordinals marketplace embodies our dedication to providing an exceptional web3-native experience,\" shared Gamma’s founder and CEO, Jamil Dhanani, in a statement.
With the launch of its no-code creator platform and now this marketplace, Gamma is determined to be the go-to resource for Bitcoin Ordinals. As the lead sponsor of the first Ordinals conference and the inaugural Ordinals Art Gallery at Bitcoin Miami 2023, they are making strides.
Partnering with curators, Xverse, and Bitcoin Magazine, Gamma.io is set to showcase a fine art exhibition featuring 21 artists, illustrating the deepening relationship between Bitcoin and the art community.
This marketplace emerges at a time of rising adoption of Bitcoin Ordinals. It addresses a significant gap in the developing Ordinals market, which had lacked a dedicated marketplace or wallets until very recently. Traditionally, Ordinal trading was done OTC, with transactions tracked on spreadsheets.
The auction process for Yuga Labs’ Twelvefold collection required bidders to put down the full amount of their bids upfront to enter the auction, with unsuccessful bids being refunded in full afterward. Nevertheless, this sold-out collection made an impressive $16.5 million. drew some criticism Top 8 NFT Generators: Generate a 10,000 NFT Collection for Free and Without Any Coding
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Disclaimer
In line with the Trust Project guidelines Cindy is a journalist with Metaverse Post, covering web3, NFTs, the metaverse, and AI, with a focus on interviewing key figures in the Web3 sector. She has conducted over 30 interviews with C-level executives, delivering their insightful perspectives to the audience. Originally from Singapore, she now resides in Tbilisi, Georgia. Cindy holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has accumulated a decade of experience in journalism and writing.
