Bitcoin secured Stacks NFTs
Non-fungible tokens (NFTs) are unique digital items that are issued on a blockchain such as Ethereum (ETH), Stacks (STX) or Solana (SOL). NFTs have unique traits and metadata, and have many use cases: they can represent artworks, grant ownership rights to a real-world asset such as a house, or provide utility in the metaverse, and more.
Bitcoin-secured NFTs can be created on the Stacks blockchain. The Stacks ecosystem has its own smart contract programming language called Clarity.
Clarity is an interpreted language, which means the code is human-readable. By design, it requires smart contracts to publish their source code on the blockchain giving users the ability to verify that code, and developers more tools with which to build and innovate.
Why Bitcoin NFTs on Stacks?
Bitcoin (BTC) is the most well-known blockchain, and biggest cryptocurrency. However, its smart contract use cases have been limited due to its scalability, speed and syntax limitations.
The Stacks blockchain aims to change this, by providing a blockchain technology that uses Bitcoin's high security while allowing the creation of smart contracts, using a smart contract language called Clarity, which has an easy to read syntax.
Stacks is a layer 1 blockchain that uses a consensus mechanism called Proof of Transfer (PoX). It relies on the Bitcoin blockchain, like a layer 2 would, but it is distinct from Bitcoin and is maintained by and for Stacks nodes. Stacks has its own rules and its transactions are separate from Bitcoin transactions. This is by design, as Stacks developers want to enable programmability of Bitcoin without changing Bitcoin itself. So, the Stacks blockchain leverages the Bitcoin network as a secure medium for storing and broadcasting, through its Proof of Transfer consensus mechanism. Stacks blocks are recorded on the Bitcoin base-layer blockchain.
Where to buy Stacks NFTs
The most popular NFT platforms on Stacks are Gamma, the leading NFT marketplace on STX, Byzantion, Superfandom and Stacksart.
Gamma, formerly known as STXNFT, is an open NFT marketplace, a home for creators and collectors, a hub for the world's Web3 social identity. We specialize in collectibles and digital art.
The Gamma platform offers three core products, offering options for minting, selling, buying and auctioning NFT tokens. Gamma helps collectors discover incredible NFT collections 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.
What if I don't have any crypto?
Before you can start buying Stacks NFTs, you'll need a digital wallet compatible with the Stacks blockchain as well as STX (the Stacks cryptocurrency).
The two Stacks-compatible wallets we recommend using are Hiro Wallet (desktop and chrome extension) and Xverse (mobile wallet). The crypto is available for purchase on exchanges such as OKCoin, KuCoin, and Gate.io.