The New Gem 💎 – by William M. Peaster


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Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles

Dear country without banks

NFT marketplace aggregator Gem, a pioneer in batch buying and listings, is gearing up for the launch of its V2 platform. The V2 platform promises to be even faster, more gas efficient and user-friendly than its predecessor infrastructure.

With these improvements and support, 170 marketplaces and how manyGem’s V2 platform could challenge Blur’s dominance.

Having already had the opportunity to try out V2’s private beta, I am confident that Gem’s new platform will be a strong contender.

If you’re interested in trying out the V2 platform for yourself, you can apply below. Join the waiting list before public rolloutIt is worth noting that we are currently receiving a large number of users every two weeks.

In the meantime, check out today’s post for a preview of what you can expect from the new and improved Gem!

-WMP

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Not only is Gem V2 extremely fast and gas efficient, it also introduces a set of notable new features that improve the market aggregation experience of the original platform. These features are:

  • 🧹 advanced sweepUsers can specify the exact number of items they wish to purchase within defined price limits.If any item fails, the next cheapest available option will be automatically purchased.

  • gas indicatorUsers can now monitor Ethereum congestion and set their own gas rates using preset speeds or custom inputs for faster transaction confirmations during periods of high network traffic.

  • 🏷️ spot saleUsers can sell NFTs with the best available offers for all payment tokens via profile ‘card view’ UI or ‘list view’ with just a click to see the sale price.

  • ⌨️ key bindingThese are keyboard shortcuts to streamline the UX, such as ‘/’ to pull up the search box, ‘Shift + Click’ to bulk select NFTs, and arrow keys to navigate items and collections..

  • 📱 portfolioA new dashboard that allows users to analyze their NFT holdings and view insights via the “Toolkit View” UI or the “Portfolio” tab on their profile page..

  • 🗒️ Watch listHere you can easily keep track of your favorite NFT collections in Gem, either from the “trends” view of the V2 homepage or by searching directly using the search box.

Once you reach the new V2 homepage, hovering over it with your mouse will expand a navigation bar that runs vertically along the left side of the page. Next, we reach the menu for navigating the main page of the platform, as follows:

The Markets tab presents an overview dashboard analyzing trading activity for trending, watchlisted, owned, or recently bulk-purchased NFT collections. Here you can also search for activities according to minimum or maximum minimum charges, or timeframes (e.g. from ‘All Time’ stats to ‘1 Minute’ stats).

Gem’s “Market” stats make it easy to see how many NFTs are listed and how many unique owners are in the collection at any time

Clicking on a specific NFT project will bring up a bespoke dashboard for that collection where you can see key project links, aggregated listings, real-time market activity, current offers, sales insights and more. Of course, here you can sort items by popularity filters such as ‘Cheapest Price’, or by categories such as ‘Rarity’ or ‘Features’.

Gem V2 Terraforms collection page example

As for the Watchlist tab, this is where you can curate your own list of NFT collections you want to watch closely. Simply find the star next to the collection name and click on it to add or remove it from your watchlist . This resource eliminates the need to endlessly scroll through dozens or hundreds of NFT projects to have all the information you need at hand.

Finally, on the navigation bar[Explore]in the section[Mints]provides a real-time dashboard of ongoing Ethereum NFT mints. If you’re interested in finding new mints as they arise, this resource is a great place to start. Not only does it make the discovery process easier, it also makes the creation process safer. This security comes from the Gem searching the chain of mint events, simulating mint his transactions using random wallets on the main netfork, and handing over secure mints that pass checks.

on the navigation bar[ウォレット]here for the section[プロファイル],[販売],and[送信]I have a dashboard. As mentioned above, the new Profile Hub is a one-stop spot for all key wallet information, including collection holdings, listings, and current all-time high profits. As the name suggests, the Sell and Send dashboards make it easy to list or transfer multiple NFTs at the same time.

Also note that in Gem V2 you can switch between ‘Pro’ and ‘Collector’ visual modes as you like by going to Settings and using the ‘Customize Gem’ option.

In April 2022, NFT marketplace giant OpenSea acquired Gem, expanding its product suite for professional NFT traders. Since then, people, myself included, have speculated that OpenSea would eventually choose to launch a native token for his Gem platform.

with blur Recently released $BLURThe $GEM token will help reclaim OpenSea’s market share from its biggest challengers and further strengthen the Gem community. Interestingly, the Gem V2 Beta UI seems to hint that tokens are coming. This is because when you click the gem icon at the top of the home page, you will see a pop-up “keeping score” about your trading activity.

Of course, it’s not a direct declaration, but using the Gem V2 beta seems like a very strong hint. now You’ll qualify for some kind of reward later, but it’s easy to assume it’s an airdrop.

So how do we proceed here?To get started, you can Join the V2 Waiting List It is still running ahead of the public release of the platform. next, gem discord To track when new batches of applicants are accepted. His current entry frequency seems to be every two weeks. As such, another group will be approved around March 28, 2023 for him.

Once onboard, explore the platform and consider migrating some of your normal NFT collecting and trading activities to earn points for your score. Also, note that V2 is currently in beta, so the Gem team is actively interested in hearing early user feedback. If you have any suggestions, we have a dedicated “Feedback” channel on the platform’s Discord!

William M. Peester is a professional writer and creator of metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.

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It is not financial or tax advice. This newsletter is strictly educational and is not investment advice and is not a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult an accountant. Please do your own research.

disclosure. From time to time I add links to products I use in this newsletter. We may receive a commission when you purchase through one of these links. Additionally, bankless writers hold crypto assets.see us Click here for investment disclosure.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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