The Weekly Stack: All About Proof of Work (PoW)
The Weekly Stack: All About Proof of Work (PoW)
Welcome to Gamma's weekly newsletter, where we send you all our nifty alpha, news, and updates straight to your inbox.
Weekly News
Proof of Work Collection
NFTs on Stacks are secured by the strongest base layer in crypto: Bitcoin. What makes Bitcoin the best layer for NFTs? Well, behind the strength of Bitcoin's security is a mechanism known as Proof of Work (PoW), which is exactly what it sounds like — a consensus mechanism that rewards those who have proved they put in the resources, time, and expenditures to help settle transactions and secure the network.
But Proof of Work isn't just present in crypto. For the last few months, our team at Gamma has been working hard to serve our Stacks community the best tools for creating, exploring, and trading NFTs. As a result of our incredible team's PoW, our trading volume has doubled in the past few months and our community has exploded with talented artists and collectors.
As an ode to both Proof of Work (PoW) and to you, we're putting together a community collection based on your own PoW. For brand new members of the Stacks community, we especially encourage you to submit an entry!
To learn more about PoW and our community collection, visit our Sigle blog.
How to participate:
Submit a photo or artwork of your work in progress or a job well done. It can be anything: your garden, some code, a painting, or anything else you’ve worked on.
On Sept 5th, Labor Day, we’ll airdrop you your “proof of work NFT,” memorializing your job well done. That's it!
Retweet our thread below to share this event with your friends 👇
Q3 Creator Round Table
Don't forget to join us this Thursday for Gamma's first community round table, where we'll be doing deep-dive discussions into artist collaborations, community building, and new feature developments for Gamma. Sign up at the link below to join, and share the tweet to spread the word!
Resources
Join us this Thursday! — twitter.com “Join us for our Q3 Creator Round Table, as we gather to celebrate artists and their craft and discuss how creators can connect, get support, and build community. We're breaking out to: artist collabs, community building, and new feature dev. Thu, Aug 25th: 4:30p-6:30p ET/NY 👇”
Tip of the Week
Top Collector Leaderboard
Want to see what top Gamma traders are buying and selling? Check out our leaderboard for top collectors in any given time frame:
Resources
Our Community Growth Manager Brett recently talked to Andy from The Crypto Conversation about NFTs, communities, and the Stacks Parrots collection! Listen to the podcast below for an insight into Brett's perspectives.
Exciting Drops & Releases
Stacks Community Spotlights -Kailani
Today we're excited to introduce Kailani, our friend and incredible community builder over at Byzantion.
Get to know Kailani and her beautiful project "The Untold" — app.sigle.io This project combines passion, healing, mental health, and art like no other. This work, this passion, demonstrates the power of Web 3, and I am here for this.
The Untold Story project will be dropping a special 1:1 community collection on Gamma next week — follow them on Twitter to be notified of the upcoming launch!