2021 Recap & The Road Ahead
Algogems experienced significant growth in 2021. In August, GEMS opened our NFT marketplace to the world. We gave Creators across the globe a place to freely mint and sell NFTs in an expansive Metaverse Marketplace.
The Net Sales of algogems.io have been steadily rising month-over-month. We are being embraced by Creators looking for a one-stop platform to Create, Explore, and Trade!
Net Sales don’t tell the whole story. In 2021, we also saw the value of the Average NFT increase. Supporters have been consistently paying higher prices month-over-month for quality NFTs.
The graph below displays how Supporters are not only gaining confidence in the emerging NFT market, but willing to pay for Quality Digital Content!
Increasing activity, and support for NFT Creators is exactly what GEMS will continue to provide in 2022 for the Algorand Ecosystem!
Finally, let’s look at how algogems.io has been growing over these past months. This includes new users discovering the platform, Creators minting, and Supporters trading. This graph displays Hits to our platform:
In 2021, GEMS experienced growth across all metrics, and this continues into the New Year. 2022 is going to be a dynamic year for Algogems! Here are some exciting new Utilities to drive growth for $GEMS:
GEMS-based Governance Features
- Passive Income
- Paid to Moderate active incentive system
- Verification for GEMS Creators
- Categorizing NFTs (SFW/NSFW, Copyright, Licensing etc.)
- Incentivizing Delayed Gratification
GEMS Holder Features
- Profile Customization
- Private Collections
- Social Media Integration
- Fee Reductions
Algogems is not even a year old yet! 2021 was an amazing year for us, and we have much to be proud of. That being said our journey is far from over. We can’t wait to share all the exciting new developments. Hold on tight #AlgoFam!
Stay tuned, for exciting news and developments. New content to follow, in order of release, covering: GEMS-based Governance, and $GEMS Tokenomics.
Thank you for reading, GEMS FAM 💎
GEMS Core Team Member