A Deep Dive Into Getgems

The Open Network has been in the news for all the right reasons in the past few months. Its robust infrastructure supports various applications, from DeFi to gaming, NFTs, SocialFi, and beyond. Little wonder its TVL is fast approaching $1 billion.

Getgems.io, a leading NFT marketplace within the TON ecosystem, has garnered significant attention from the crypto community, with a steadily growing user base. It is one of the most promising projects hosted on the TON blockchain, and as the ecosystem evolves, Getgems is well-positioned to capitalize on the renewed interest in NFTs.

What is Getgems.io?

Getgems.io is a notable NFT marketplace on the TON blockchain, supporting digital artists and high-quality collections with various opportunities to buy, sell, create, and collect NFTs. By leveraging TON’s scalable and secure infrastructure, Getgems.io provides a seamless and user-friendly experience for all participants in the NFT market.

NFTs on The Open Network

Initially named the Telegram Open Network, TON was envisioned as a high-performance blockchain with seamless integration into Telegram's ecosystem. Though no longer run directly by Telegram, the tight integration remains, and The Open Network has maintained its ambitious goals and recorded numerous achievements, especially this year.

Projects like Hamster Kombat, Notcoin, STON.fi, and Flagship FYI are a few of the biggest success stories of TON so far, with many more growing rapidly, including Getgems.

The TON ecosystem is rich with diverse NFT projects and platforms that not only enhance digital art and gaming experiences but also provide innovative financial utilities and community governance mechanisms. TON’s blockchain architecture is particularly well-suited for NFTs due to its high scalability and efficient transaction processing capabilities.

The network's use of a masterchain and multiple workchains allows it to handle many transactions simultaneously, which is crucial for supporting high-demand NFT applications​. As such, TON has developed a robust infrastructure for NFT marketplaces, tools, and projects. More so, TON’s lower data storage fees make it attractive, since users' projects can be stored exclusively on the blockchain without relying on centralized systems or IPFS.

More so, the TON ecosystem benefits from an active and engaged community, which continuously drives innovation and development. Therefore, TON is hugely tipped to become a significant hub for NFT innovations, with diverse opportunities and experiences for creators, collectors, investors, etc.

Key Features of Getgems.io

Getgems is very versatile as a platform for trading NFTs. Some of its stand-out features are reviewed below:

Sell NFTs

On Getgems, you can sell NFTs or transfer to someone else for free. You need to sign in to the marketplace before performing this action, which allows you to sell NFTs minted by yourself or the ones you’ve bought from others. This is a straightforward process. All you need to do is put the NFT you want to trade on sale and enter your desired sale price. Getgems deducts a modest 5% commission for every sale. So, you need to factor this as well as the gas fee when setting your price.

Buy NFTs

What’s interesting about buying NFTs on the marketplace is that you don’t need to be signed in to Getgems itself, although it makes the process smoother if you do. Typically, all you need is a crypto wallet extension or the Tonkeeper app, the popular wallet for Toncoin. Transactions performed via Getgems will be confirmed by your wallet app and you’ll receive the NFT in the wallet. If you choose not to sign in to Getgems, then all you need to confirm a purchase with your Tonkeeper wallet is to scan a QR code.

Mint an NFT Collection

Getgems makes the entire process of not just trading NFTs, but also minting them, straightforward. In short, literally, anyone can mint a single NFT or an entire collection via the user-friendly interface. Basically, you select the images you want to mint and add names and descriptions for each of them, as well as a cover picture. For an entire collection, you also need a preview banner. It’s important that this information is detailed and high-quality, in order to attract collectors and investors once launched.

Compressed NFT

Notably, Getgems allows users to create compressed NFTs (cNFT), the next innovative solution in the NFT space designed to reduce the cost and increase the efficiency of minting and transferring NFTs. Basically, cNFT technology compresses data associated with NFTs and makes it possible to handle larger-scale collections more affordably. On Getgems, you can use the cNFT format to create massive collections of NFTs (up to one billion) without incurring high fees and in little time. This format combines both on-chain and off-chain storage types, and cNFTs are indistinguishable from traditional NFTs. More so, Getgems allows users to convert cNFTs into standard NFTs easily.

Top NFT Collections on Getgems.io

Here, we highlight some of the top curated NFT collections so far by independent creators on Getgems.

1. Postmarks: The Seven Deadly Sins: this NFT collection is a thought-provoking series that reflects on human morality. It consists of 104,596 NFTs in total, with about 600 items for sale and another 41 for auction.
2. YNG EXPLRZ: DRAGON AGE: this NFT collection features a narrative of young explorers who find themselves in the Dragon Age through the power of a mysterious stone. It has around 25,000 art pieces, of which over 2,000 are for sale, and just five are for auction.
3. Gemmy: a vibrant digital collectible series that celebrates the union of gems and kinship. The total size of this collection is about 48,000 items.
4. Lost Dogs: consequences: this is a captivating narrative-driven series that invites collectors into a post-apocalyptic world. The total number of items is around 16,000
5. Postmarks: Little Bro’s: the narrative of this NFT collection is set against the backdrop of towering cityscapes. Each character, known as a Little Bro, embodies a spirit of liberty. The collection features 68,000 items.

Getgems’ Prospects

No doubt, Getgems.io offers an intuitive and aesthetically pleasing interface that is accessible to both newcomers and seasoned NFT enthusiasts. And, so far, it hosts a variety of NFTs that attract several users. The growing popularity of NFTs and the continuous development of the TON ecosystem provide a fertile ground for the long-term growth of TON NFT projects as a whole and Getgems in particular.

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