AlgoGems

Algogems is a DAO curated and moderated NFT marketplace for the Algorand blockchain. It allows artists to mint and auction their NFT for free, and provides a trading platform for NFT collectors.

By leveraging the Algorand technology, Algogems offers zero-fee NFT creation, and low fee marketplace trades (0.001 ALGO fees for bidding, selling, auctioning, or buying NFTs).

The platform functions hand in hand with $GEMS, the native asset (implemented as an ASA on Algorand). $GEMS is a multi-purpose token, used to reward creators, spotlight quality content on Algogems and participate in the GEMS-based Governance.