Demand Continues for Bitcoin-Secured NFTs!

NFTs are becoming synonymous with bitcoin, although there have been some ups and downs in the crypto world lately. NFT activities usually take place on competing networks such as Ethereum, and Solana.

With the developments in the NFT world, the Bitcoin network has now equipped NFT, and DeFi to facilitate products and services to work with smart contracts. Thus, bitcoin-secured NFTs emerged and entered the Bitcoin blockchain.

Even if NFTs are not fully included in the Bitcoin world, they are secured by the Bitcoin blockchain with the latest decisions taken. Thus, for Bitcoin-based projects, it is supported to issue NFTs using Bitcoin and to secure transactions.

Bitcoin is one of the most important in terms of security, as it is one of the most important crypto assets. For this reason, NFTs secured by the Bitcoin network appear by taking advantage of the natural features of the old chain in terms of originality.

Bitcoin’s True Potential Continues to Uncover

Work has begun on implementing solutions that allow Bitcoin wallets to directly own NFTs on the Bitcoin blockchain. Permissions are provided for users to purchase and transfer NFTs in a Bitcoin-based manner. In this way, NFTs move forward by pressing Bitcoin’s blocks through various smart contracts.

Due to the increasing problems of Ethereum with gas fees and slow transaction volume, NFT ecosystems have started to appear in blockchain networks in a new way. Therefore, since the NFT ecosystem provided by Bitcoin has progressed successfully, the Bitcoin NFT market value has also increased above 20 million USD.

Bitcoin-Secured NFTs Are Growing Rapidly

One of the Bitcoin NFT markets, STXNFT, is built on the Stacks chain. This NFT market is growing rapidly and plays an important role in the NFT support of the Bitcoin network. In addition, STXNFT is one of the important targets for printing and trading Bitcoin-secured NFTs.

STXNFT was launched a year ago. Thanks to this factor, which plays an important role in the adoption of Bitcoin NFTs, more than 200 NFT collections are now uniquely displayed on the platform. It also appears that the NFT projects exhibited in this list have exceeded US$ 2 million in secondary sales.

Making improvements by advancing its growth, the STXNFT team has recently decided to launch the new brand Gamma.io, a Web3 social identity hub powered by NFTs. Gamma.io platform stands out as consisting of three basic components.; It is known as a user-first community marketplace, creator-first launchpad, and social platform.

For the future of the crypto world, supported by an ever-growing global community, Bitcoin has begun to play an important role for secure NFTs. Thanks to this, it has also taken an impressive place in the market. Meanwhile, projects like Stacks are constantly adding new functions to make Bitcoin advanced by further expanding its core features. Combined with the emergence of codeless NFT platforms and markets, shortly Bitcoin will move forward towards successful mass adoption of secure NFTs all over the world.