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Gamma Launches No-Code Creator Platform for Bitcoin NFTs By DailyCoin

by Index Investing News
February 10, 2023
in Cryptocurrency
Reading Time: 3 mins read
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© Reuters. Gamma Launches No-Code Creator Platform for Bitcoin NFTs

  • Gamma, a pioneer in no-code creator tooling, has announced the launching of a no-code platform for NFTs.
  • Gamma’s platform significantly simplifies the process of creating ordinal inscriptions.

Gamma, the leading marketplace for Bitcoin NFTs based on the Stacks programming layer for Bitcoin, has rolled out a no-code creator platform for NFTs on native Bitcoin using ordinals.

While inscribing or tokenizing digital artifacts like images, text, and art is easy on most Web3 platforms, they were certainly not on Bitcoin until now. Gamma’s platform makes creating ordinals simple and accessible to anyone with a Bitcoin address.

Most Bitcoin maximalists dislike where the network is headed with ordinals; however, Gamma continues to embrace the future of web3 at Bitcoin with ordinals.

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So you want a Bitcoin ordinal?Start with a Bitcoin full node, then install……no, no.For the past year, we’ve focused on making the best creator tools possible.Today, we’re launching no-code ordinal inscriptions to anyone with a BTC address. https://t.co/WQzKZUWMw1

— Gamma.io (@trygamma) February 9, 2023

NFTs, Now Possible with Bitcoin Ordinals.

Adding NFTs to the Bitcoin mainnet has brought the network’s perception into question for Bitcoin Maxis. Some have gone as far as claiming the introduction of ordinals is a threat to Bitcoin’s identity as a ‘means to instantly transfer money.’

4/ Fast forward back to Ordinals.Bitcoin maxis hate it. And, I kind of get why—it goes against why they believe in Bitcoin.Here is the thing though, they can’t do much about it.Even though they are calling for censorship of the chain which is laughable. pic.twitter.com/NWmiLHzgQv

— Loopify (@Loopifyyy) February 9, 2023

However, that is not the case for Gamma. For those late to the party, each Bitcoin is equivalent to 100 million Satoshis. Ordinals are data inscriptions linked to individual satoshis.

Ordinals allowed users to inscribe digital data like images, text, or art onto a single satoshi. However, creating inscriptions is highly technical, complex, and time-consuming, so Gamma’s no-code platform is necessary for the current market.

Gamma’s platform previously allowed users to deploy no-code smart contracts in minutes. Now users can instantly inscribe digital content using the platform’s creator tools. Today, Gamma supports over a thousand NFT collections, nearly 80% deployed using its portal.

Jamil Dhanani, CEO and Founder of Gamma, shared,

“We’re excited to take this step in furthering the adoption of NFTs on the most secure blockchain, Bitcoin. Ordinals make NFTs possible natively on the Bitcoin base layer, and our no-code creator platform makes ordinals accessible to anyone with a Bitcoin address. Paired with our creator launchpad on the Stacks programming and scaling layer for Bitcoin, the Bitcoin NFT creator experience is finally ready for mainstream adoption — without sacrificing superior levels of security, trust, and decentralization that only Bitcoin can offer.”

On the Flipside

  • Gamma first shared news about the ordinal platform directly to the Bitcoin blockchain using its no-code ordinal inscription section. In the future, the platform has shared that it will broadcast all of its press releases to the network.

Why You Should Care

Bitcoin ordinals are a huge network breakthrough because they add more utility and use cases. The introduction of smart contracts and NFTs on led to a revolution of DeFi projects, Web3 games, metaverse platforms, and more. Ordinals on Bitcoin could lead to a similar future now that users can inscribe content onto tokens. However, that would be a tough pill to swallow for Maximalists.

Is mining on Bitcoin centralized? Find out:

How Centralized Is the Bitcoin (BTC) Mining Sector?

See original on DailyCoin





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Tags: bitcoinCreatorDailyCoinGammaLaunchesNFTsNoCodePlatform
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