Sign up for our free webinar today! Nick co-founded Gamma, and they’ve recently launched Signals. This new platform will completely replace today’s non-fungible token (NFT) whitelist system. This innovation almost single-handedly poaches the spirit of bad NFT market price discovery. It offers a simpler, fairer and cleaner approach for all players on the field.
As we’ve come to find out, the NFT market has struggled immensely – mostly with its immediate discovery process. The height of the NFT hype cycle in 2021 revealed a host of imperfections, such as the cumbersome whitelist system. Signals’ auction clearing price model breaks through these challenges. This model provides equal access to distribution and market-driven price discovery, a stark departure from current practices.
One of the main Bitcoin NFTs differentiators is their unique on-chain storage. This is made permanent via tens of thousands of Bitcoin nodes that retain those inscriptions across time. Contrary to traditional NFTs where the bulk of data lives on centralized servers, these Bitcoin inscriptions are permanently on-chain. In contrast to traditional NFTs which mainly track ownership, Bitcoin inscriptions place the original content directly on the Bitcoin blockchain itself.
Ordinals and Inscriptions have been the talk of the NFT space for their novel twist on the technology. Arch Network makes this even better by adding all of the speed and usability of Solana to Bitcoin, giving Arch users an unparalleled experience. Arch Network brings the best of crypto UX to Bitcoin, making it faster, easier, and more convenient to use.
Market participants—including many of you—are methodically using the NFT market today and looking for innovations such as Signals to enhance the market’s functionality. Gamma’s new platform is a game changer, hands down the best solution to one of the most chronic challenges. The NFT market is still booming and fast-changing. New platforms such as Signals are leading the charge which make this process more seamless, smooth and user-friendly for all parties.
