Leading Bitcoin NFT Marketplace Gamma.io Announces .btc Domain Marketplace

Leading Bitcoin NFT Marketplace Gamma.io Announces .btc Domain Marketplace

As the platform has passed one year since the launch of the Bitcoin NFT marketplace, Gamma.io has launched a .btc domain marketplace for web3 decentralized identities.

PALO ALTO, California, 5 October 2022 /PRNewswire/ — Gamma.io, the leading open marketplace for Bitcoin NFTs, has announced the launch of its BNS marketplace for .btc decentralized identities and domains, built on the Stacks programming layer for Bitcoin. Within hours, the domain marketplace was popular, with .btc domains becoming the most popular NFTs on the platform.

In April, the company announced its new brand, Gamma, and its plan to become the world’s web3 social hub centered around NFTs. As ownership of digital assets proliferates, Gamma will provide a platform to serve as the home for collectors, creators and investors to come together to explore, trade and showcase extraordinary NFTs through the Bitcoin ecosystem. Decentralized identities are a natural development and expansion of the type of use cases that the company facilitates.

“At Gamma, we strongly believe in the future of decentralized identities, and we are excited to take this step to further their adoption on the most secure blockchain, Bitcoin,” said the founder and CEO. Jamil Dhanani. He continued, “Bitcoin was the original home for decentralized identities on the blockchain. Recent technological breakthroughs using the Stacks programming layer have unlocked the user experience needed to make them a reality, in a way that web3 users have come to expect from other decentralized identities, like those on Ethereum.”

In recent months, the Ethereum Name Service, ENS, has exploded in growth and popularity as more web3 users discover the power of decentralized identity. BNS seeks to revitalize the first vision of human-readable Bitcoin addresses and a user-owned internet.

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About Gamma

Gamma is the leading open marketplace for Bitcoin-backed NFTs, powered by Stacks. Gamma consists of three core platforms: its user-first marketplace to explore and collect NFTs, its creator-first launch platform for artists to deploy fully tested no-code, smart contracts in minutes, and its social platform, which brings together creators and collectors in an engaging and Web3-native way. Gamma supports over a thousand NFT collections, almost 70% of which were distributed using the no-code portal. The marketplace has facilitated millions of dollars of transactions and supports trading of the largest number of NFT contracts of any platform built on Bitcoin.

SOURCE Gamma.io

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