Over the course of many months, the NFT platform has grown to become one of the most popular NFT trading market. Nifty Gateway was launched in March 2020 with a motto: we believe NFTs are the future, and we will not rest until 1 billion people are collecting NFTs. Nifty Gateway Sales Surpass $300M in Gross Merchandise Value While, many other famous memes of 2000’s like the Disaster Girl Meme sold for $500,000 dollars. The most famous ones are the Nyan Cat which sold for over $560,000 dollars USD. Just recently, many meme stars have sold their meme on various NFT platforms. This means, even memes have the potential to be turned into an NFT and sold on various NFT platforms. The fact that any form of digital asset can be turned into an NFT. With Non-Fungible Tokens or NFT’s, the issue of copyright somewhat seems solved and this is the reason why we are selling artists like Beeple being able to sell their artwork for over $69 millon dollars.Īlong with Beeple, there have been many aritsts who were able to sell their artwork as an NFT for a lot of money. ![]() The reason is because as we know, the world was facing a huge issue of copyrights, and it was impossible for any creator or artists to completely protect their work. Non-fungible-tokens are one of the greatest creations of technology today because it has literally changed the art industry. If you don’t know who the Winklevoss twins were, they were the guys who first had a lawsuit against Mark Zuckerberg over his claim to ownership of Facebook. After which, they started their investment portfolio and bought Bitcoin in 2013 and founded Gemini LLC, the following year. Nifty Gateway and the Gemini crypto exchange work together as sellers and artists can directly cash out their earnings from the Gemini exchange. Nifty Gateway is owned by a parent company called Gemini LLC, which is a cryptocurrency exchange website founded by the Winklevoss brothers. You can think of NFT’s as virtual collectible trading cards, whose information is stored in the blockchain network. They are very similar to any other Crypto-Currency Token and they can include anything from an artwork, trading cards, digital collectibles, music, videos or any form of Digital Asset. A NFT is also called Non-Fungible-Tokens is a digital token whose data is recorded on the blockchain. Nifty Gateway is an NFT marketplace or an NFT platform where users can buy and sell NFT Artworks and Collectibles. The company’s revenue has also soared very high in the recent months in the beginning of 2021, and today Nifty Gateway is valued between $774 million to $1.2 billion. The fee is 5% of the sale price, while the artist or the original creator of the NFT takes 10%. ![]() ![]() Along with that, they also charge 30 cents to cover transaction fees. Nifty Gateway makes its money or revenue through royalties on a percentage of each sale made and also on secondary sales. It is also a centralized platform where they actually use USD for buying and selling NFTs. Nifty Gateway is very unique in a way because it regularly teams up with top artists and brands to create exclusive highly valuable NFT collectibles. Nifty Gateway is premiere NFT marketplace where you can find a rich suite of highly valuable NFT collectibles, Artwork and Assets on the platform. Nifty Gateway is one of the worlds largest and most famous NFT Platforms along with OpenSea and Rarible.
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