algogems logo download PNG or SVG

Information about algogems

Algogems is an NFT marketplace on the Algorand blockchain, operated by a decentralized autonomous organization (DAO). It serves as a platform for artists to create and sell NFTs without any costs involved. Additionally, it provides a marketplace for NFT collectors to trade and purchase these digital assets. Algogems utilizes the advanced Algorand technology to offer NFT creation at no charge and facilitates low-fee transactions for buying, selling, bidding, and auctioning NFTs (0.001 ALGO fees). The platform is closely integrated with $GEMS, the native asset implemented as an ASA on Algorand. $GEMS serves multiple purposes, including rewarding creators, promoting high-quality content on Algogems, and facilitating GEMS-based Governance.

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