Getting Started as a Collector on Gamma

Carole
Carole
  • Updated

Are you a collector looking to get started in the Bitcoin ordinals ecosystem? Here is a dive into how to get started.

 

Understanding Digital Assets on Bitcoin

What are Bitcoin Ordinals?

Bitcoin Ordinals are a form of digital asset inscribed directly onto the Bitcoin blockchain. They function similarly to NFTs (Non-Fungible Tokens) on other blockchains but leverage Bitcoin's unique properties.

For a more detailed explanation, check out our blog post.

What are Stacks NFTs?

Stacks NFTs are digital assets built on the Stacks blockchain, which is designed to bring smart contracts and decentralized apps to Bitcoin. These NFTs benefit from Bitcoin's security while offering additional functionality.

What's the difference between Ordinals and Stacks NFTs?

While both are associated with Bitcoin, Ordinals are inscribed directly on the Bitcoin blockchain, whereas Stacks NFTs exist on the separate but Bitcoin-anchored Stacks blockchain. Each has its own advantages in terms of functionality, cost, and use cases.

You can read more about both on our blog.

 

Getting Started on Gamma

How do I set up a wallet?

Here are some set up guides to wallets you can use with Gamma.

XverseRead / Watch
LeatherRead / Watch
PhantomRead / Watch
OKXRead / Watch
UnisatRead / Watch
MagicEdenRead

How do I buy Bitcoin (BTC)?

You can buy BTC through a crypto exchange, with MoonPay on Xverse and Leather wallet, or with Stripe on Gamma's crypto on-ramp.

For more information, refer to this article.

What's the difference between an Ordinal address and a payment address?

  • An Ordinal address is designed to hold your Ordinal inscriptions (non-fungible assets).
  • A payment address is used for holding your BTC currency (fungible assets).

For more information on Bitcoin address types, please see our guide on BTC addresses here.

 

Using Gamma.io

How do I discover trending artworks on Gamma?

Explore trending content on our homepage:

Browse the "Trending Drops" and "Trending Prints" sections.
Click on a tab to dive deeper into various Explore options and trending tags.
Check out Prints by Partner Artists and explore Drops, including collections, Originals, and Prints.

How do I participate in auctions on Gamma?

Gamma offers an innovative Descending Price Auction tool for Ordinals, similar to a Dutch Auction but with traditional bidding elements. For a detailed guide on placing bids in a descending auction, please refer to help center article.

On Stacks, Gamma offers a traditional auction tool that allows buyers to place bids and offers.

How can I get started as a creator on Gamma?

If you're interested in creating and selling your own Ordinals or Stacks NFTs on Gamma, check out our Getting Started as a Creator Guide. This resource covers everything from setting up your creator profile to minting your first digital asset.

 

Additional Resources

What are "special sats"?

Sats (short for Satoshis) are the smallest unit of Bitcoin, similar to cents in a dollar. Some sats have unique properties that make them "special," potentially increasing their value or significance. Learn more about special sats in our blog post and check our guide on inscribing special sats.

What are recursive inscriptions?

Recursive inscriptions allow new independent inscriptions to reference other existing existing inscriptions onchain, creating new, optimized pieces that save on fees. This technology is used for Editions collections and Prints on Gamma.

For a deeper understanding, read our article on recursive inscriptions here.

Where can I find more information about Gamma and digital assets on Bitcoin?

  • Visit our Help Center, for comprehensive guides and FAQs
  • Explore our Youtube channel for video tutorials and updates
  • Read our Blog for in-depth articles and news
  • Subscribe to our Newsletter for the latest updates and features

If you have any questions not covered in this FAQ, please don't hesitate to contact our support team.

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