The Weekly Stack: Special sats ✨
Welcome to Gamma's weekly newsletter, where we discuss all the latest news and alpha for Bitcoin NFTs. Subscribe and share so you never miss an issue!
Special sats ✨
What’s all the buzz around “special satoshis” about? Before Ordinal Theory existed, satoshis were indistinguishably fungible. Now, your new Bitcoin NFT inscription might live on a common satoshi or a special satoshi — let’s break them down according to the Ordinal Theory Handbook.
common: Any sat that is not the first sat of its block.uncommon: The first sat of each block.rare: The first sat of each difficulty adjustment period.epic: The first sat of each halving epoch.legendary: The first sat of each cycle.mythic: The first sat of the genesis block.
Thus far, most Ordinal inscriptions are on common sats, several are on uncommon sats, and only one is on a rare sat. Although there are nearly 7 million uncommon sats that will ever exist, considering that there are 2.1 quadrillion satoshis in total, uncommon sats appear to be quite rare and sought after.
Many artists like Nullish may decide to pre-inscribe their artwork on uncommon satoshis and auction them off using Gamma’s trustless descending price auction feature.
Beyond just special sats according to the Ordinal Theory handbook, many collectors have also sought after satoshis with historical significance (like early block sats, pizza sats, first transaction sats, etc.) While we see increasing popularity for these specially labeled sats, it’s worth noting that there are trillions of sats in many of these categories.
What do you think of these special sats, and would you purchase them? 🍕
30 days of free trading on Gamma
We’re not sure if you’ve heard…for all creators who launch their collection through Gamma, you’ll get 30 days of fee-free secondary trading to help jumpstart collection liquidity. What does this mean for you?
Active secondary marketplace: Your community can trade freely on Gamma for 30 days, keeping liquidity healthy on your primary marketplace — the only marketplace that offers creator royalties.
Continue earning: If you set a 2% royalty, your collectors will still have the lowest fee trading experience on Gamma than anywhere else — this means you continue to benefit from your work as it gets resold.
Creators on Bitcoin Spaces 🐦
Tune into our scheduled Spaces with counterfeit culture this Thursday at 12pm PST to chat with your fave artists on Bitcoin! Share and set a reminder below 👇
Resources and education ✏️
In the Ordinal Theory Handbook, Ordinals are referred to as Digital Artifacts. This is because they are the equivalent of physical artifacts.
Imagine a coin that you've kept safe for years. You are its owner, and as long as you keep it safe, no one can take it from you. It's complete and has no missing parts, and you are the only one who can change it or dispose of it: you're the only one who can sell, trade or gift it.
For a digital asset to be a digital artifact, it must be like that coin. Continue reading our Learn article below for more insight into digital artifacts.
Featured projects & creators 🎨
BTC Rats 🐀
BTC Rats will be minting on Gamma July 13th!
Bitcoin Rats are made of 100 art collectibles that will remain on Bitcoin forever.
This collection marks the Genesis collection of our ecosystem and Rarities of all traits within each layer are equal. Are you Rat already?
I AM NOME - L1 BLOCKS
I AM NOME is a pure digital collectible canvas divided into 100 blocks, where each block is an inscription itself, a separate art piece living on a Bitcoin blockchain.
On Level-1 you can mint one block per wallet following the link to Gamma.
Teflon Musk - Artist on Stacks
Curious about Bitcoin NFTs on Stacks?
Teflon Musk is an emerging digital artist who uses captivating collage art as a way of discovering deeper connections with the natural world and everyday beauty. With a touch of psychedelia, he weaves together mesmerizing arrangements in a way that evokes a surreal experience, leaving the viewer questioning their sense of reality. His latest collection, Timebound Dreamscapes, is available through ongoing auctions on Gamma.io, minted on the Stacks blockchain.
Check out the live auction for Sunshine Daydream here!
Thanks for tuning in, we’ll see you next week!