One of the Established Companies in the Cryptocurrency World Has Decided to Close Down Suddenly
Nifty Gateway, an early participant within the NFT market, has introduced that its platform will shut down fully on February 23, 2026.
In response to the announcement, Nifty Gateway has switched to “shooting-only mode” as of this launch.
The corporate said that Nifty Gateway was launched in 2020 with the imaginative and prescient of remodeling digital artwork and has hosted dozens of progressive NFT launches since then. The assertion added, “We’re very happy with the work pioneered by the Nifty group and thank the artists and customers who’ve joined us on this journey.”
Customers who’ve USD or ETH balances on the platform, or who personal NFTs, will obtain directions by way of e mail on easy methods to switch their belongings from the platform.
The platform was notably fashionable through the NFT craze of 2020-2021, with quite a few NFT collections being revealed there. Nonetheless, curiosity in NFTs has nearly fully disappeared not too long ago.
Nifty Gateway was acquired by the cryptocurrency trade Gemini in 2019. Right this moment, we knowledgeable you that the long-running lawsuit between Gemini and the SEC has come to an finish.
*This isn’t funding recommendation.
