Building on Bitcoin: NFTs on Stacks, ecosystem development, creator royalties w/ Gamma
I went to a farm and had a conversation with my besties Jamil and Nick, co-founders of Gamma: the leading open marketplace for Bitcoin secured NFTs on the Stacks blockchain.
We discuss Bitcoin's history, the culture of building vs. staying stagnant, different consensus mechanisms, why we build on Bitcoin, NFTs (drama) around creator royalties, the game theory of attracting developers and the masses to Ethereum vs Bitcoin, and more.
Time stamps:
0:00 - A chicken tragedy
1:57 - What is a Bitcoin rationalist
3:15 - Why we work on Stacks
Building on Bitcoin
5:23 - Experimentation vs Stagnation culture
9:06 - Why are bitcoin maxis against tokens?
12:36 - Satoshi's vision for furthering Bitcoin's utility
Ethereum's success & culture
13:35 - Bullish or bearish: Ethereum post-merge?
16:00 - What drives developers towards Ethereum?
17:24 - Can Bitcoin stay on top?
Game theory: how Bitcoin survives & scales
19:10 - What happens to Bitcoin without layers?
21:10 - Multi-chain future
Creator royalties
22:18 - How NFT royalties currently work
25:00 - The race to the bottom
31:22 - Web2 vs Web3 social economy
NFT building culture
34:41 - Evolution of NFT marketplaces/culture
36:06 - Building NFTs/DAOs with purpose
38:06 - Closing thoughts
#NFT #bitcoin #stacks
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Necessary disclaimer I have to add:
Sarah Satoshi is NOT a financial or investment expert. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. I am just a Chubbicorn.