Nick, co-founder of Gamma, joins us to talk about the broken NFT market discovery process and how their new platform Signals fixes the ridiculous whitelist system. We dive into Bitcoin ordinals vs traditional NFTs, why inscriptions are superior to off-chain storage, and how auction-style price discovery creates fairer markets for creators and collectors.
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Notes:
• Tens of thousands of Bitcoin nodes store inscriptions
• 2021 marked peak NFT hype cycle craze
• Most NFT data stored on centralized servers
• Signals uses auction clearing price model
• Bitcoin inscriptions permanently on-chain
• Traditional NFTs just track ownership
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