What is an NFT Marketplace?

An NFT marketplace is an online marketplace where you can find, explore, buy, trade and sell non-fungible tokens, i.e. unique digital assets on the blockchain. Unlike cryptocurrencies (think bitcoin --- if you trade one token for another, you'll have exactly the same thing because bitcoin is "fungible"), NFTs cannot be replaced by another token as they are unique.

As general interest in cryptocurrency and NFT art grows, the NFT market and is rapidly evolving. Having launched in 2017 (which is ancient by NFT standards), OpenSea is one of the largest NFT marketplaces active today.

What are some popular NFT marketplaces?

Some popular NFT marketplaces on the Ethereum blockchain (ETH) include OpenSea, Rarible, Nifty Gateway, Mintable, and Superrare, but there are many others burgeoning on other blockchains such as Solana, Polygon, and Stacks, a blockchain layer built on Bitcoin. Maybe you've even heard of NBA Top Shot, an NFT platform where sports fans can buy, sell and trade NFTs of NBA highlights.

Social media, ever growing interest in the blockchain network and its decentralized nature, as well as the high quality artwork creators have proven to produce for their digital collectibles play a huge part in the popularity of NFTs and NFT marketplaces.

There are many types of NFTs: art, music, photography, video game items, tickets to events, avatars, trading cards and virtual worlds, and tons of other digital items---there are even NFTs just for the memes. NFTs can provide utility both in the metaverse and in the real world, with access to special features or even real estate.

What is Gamma?

Gamma is the third letter of the Greek alphabet, for the third phase of the web: Web 1.0, Web 2.0, and now, Web3.

One of the top NFT marketplaces on Stacks, Gamma is a startup created in 2021. We are an open marketplace for Bitcoin NFTs and a hub for the world's Web3 social identity. Our marketplace supports NFTs part of the Stacks ecosystem, which enables smart contract functionality for Bitcoin.

We specialise in collectibles and digital art. We are a home for collectors, creators and investors, where they can explore, collect, showcase and trade NFTs with other users.

The Gamma platform offers three core products, offering options for minting, selling, buying and auctioning NFT tokens. Gamma helps collectors discover incredible NFTs and helps promote curated works from unique creators who share their story.

  • A user-first marketplace to find, explore, and collect extraordinary NFTs secured by Bitcoin, the most trusted and decentralized blockchain technology for digital assets.

  • A creator-first launchpad for artists to deploy their own NFT collection with fully tested, creator-owned, no-code smart contracts in minutes. Creators can sell their art at a fixed price or auction it.

  • A social platform, bringing together creators and collectors in an engaging and Web3-native way.

Our front and backend developers are hard a work to provide you with the best NFT marketplace experience possible.

Ready to join the non-fungible token and blockchain adventure?

Are you eager to discover incredible digital artworks, see what's minting, meet the community and more? Buying your first NFT is an exciting experience.

If you're new to NFTs on Stacks and Bitcoin, you may need to follow a couple of steps to first obtain Stacks (STX) cryptocurrency, which is used to purchase NFTs on Gamma.

You can head over to a crypto exchange platform such as Binance or Coinbase, create your crypto wallet and swap your fiat for cryptocurrencies. While we have no explicit affiliation with Leather, we recommend using the Leather wallet extension for the best experience. If you're familiar with Ethereum NFTs, Leather wallet is the Bitcoin equivalent of MetaMask. You can download the Leather wallet at leather.io/install-extension

Once you've set up your crypto wallet, head over to the Gamma NFT marketplace. You need to connect a supported digital wallet browser extension to Gamma and allow usage of your wallet's cryptocurrency for the purchase of an NFT.

You're all set! You'll be able to mint NFTs, sell them and start buying NFTs. When you list an item for sale on Gamma, we'll prompt your wallet extension with a transaction that includes the details of the sale plus our commission fee. Your digital wallet will then submit the transaction on your behalf.

We make money when your NFT sells, not when it is listed; if your NFT never sells, you will not be charged a fee. As a buyer, the price listed includes all marketplace commission fees, so the final cost will only include the list price plus the actual transaction fee charged by the network to secure and confirm your transaction.

Still feeling shy? Join our community on social media and stay posted about new NFT collections, upgrades and more. Who knows, you might find or be the next Beeple.

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