The unchangeable dynamic password (NFT) market will have a transaction volume of about $82 million in 2020 and an astonishing $17.6 billion in 2021, indicating rising requirements and high consumer enthusiasm for NFT. The rapid development of digital currency transactions, from the whimsical cute cartoon JPEG to the American Medical Basketball Association (NBA) trading cards, handicrafts, songs and so on. Nifty Gateway is such a market for collecting and trading NFT.
Nifty Gateway was founded by Duncan Kirk Foster and Griffin Kirk Foster in 2018. In 2019, they were recycled by Gemini, the digital currency exchange of Taiqin and Cameron Winklevos. Nifty Gateway has positioned itself as a high-quality NFT market on the eTaifang block chain, working with top data artists, composers, contestants and brands to create a limited edition exclusive publishing agency. The platform has already sold the NFT of Beeple, Pak, Refik Anadol, rap singer Lil Yachty and other concerned NFT stars.
During the peak period of the NFT market from May 2020 to April 2021, Nifty Gateway launched 6623 NFT, representing 418 artists, with a total turnover of US $403.8 million in its primary and secondary markets.
According to Etherum, Nifty Gateway's NFT market tends to excel for three reasons:
Artists launched in the Nifty Gateway NFT market are usually well recognized and praised by the five stars in the literary and art circles. Many of them have real identities of celebrities in password literature and art, which makes these works authenticated, reasonable, legal and expensive.
Nifty Gateway is also selective in allowing who is the platform to display their art treasures. Before being allowed to produce and sell NFT, artists must successfully apply and interview. In this respect, Nifty Gateway is similar to modern gallery in that it collects, manages and displays collections that pass the test.
NFT Drop generally means that the original creator has released a new limited edition NFT or a complete set of irreplaceable personal collection of tokens for sale. Collectors can be discarded by NFT before selling out to buy them. Although many platforms are making irreplaceable tokens airdrops, Nifty Gateway is especially known for its exclusive plastic arts promotion, which is limited and sold out quickly because it is in short supply.
Nifty Gateway works with top artists, composers and creators to ensure that such free downloads are only available on the platform. This promotes Nifty Gateway brand uniqueness.
In February 2021, Beeple released her "Crossroads" NFT and "Spring / Summer 2021 series" as an exclusive sales agent in Nifty Gateway. "Crossroads" is tailor-made for the 2020 US presidential election and sold for a high price of $6.6 million on Nifty Gateway.
Nifty Gateway applies to US bank account holders using US dollar currency, allowing NFT to use savings cards and credit cards to make purchases. This feature is rare for the NFT market, as other markets, such as OpenSea, SuperRare and Blur, can be browsed through Web3 wallets.
Nifty Gateway is a branch of Gemini LLC, the login password exchange company for the Winklevoss twins. This makes it necessary to be supported by Gemini security organization-level infrastructure to explore a variety of data encryption and legally prescribed payment methods.
The following process shows how to set up a Nifty Gateway account:
Apply efficient email accounts and passwords to apply for registration on Niftygateway.com/signup for widespread use. Alternatively, you can choose to connect according to the Web3 wallet.
After setting up an account, it is suggested that you type in other key information to enhance the customer experience. Submitting profile pictures and changing personal information logos according to your preferences is a good starting point.
There are three payment options: connect the account to the Gemini wallet, connect to the Web3 data wallet such as MetaMask to confirm the transaction, or add a bank credit card or savings card.
The following process will provide specific guidance to anyone who is interested in purchasing NFT on Nifty Gateway:
The process of how to market NFT on Nifty Gateway is as follows:
Giving NFT is one of the functions offered by Nifty Gateway, where account holders can send NFT as a gift to other users on the platform based on an efficient e-mail address.
NFT needs to be pushed to customers on the platform:
1. Open the my favorites menu bar and select the uploaded NFT.
two。 A new window will appear. Click "Send Nifty" to search for the consignee's login name in the input box and select their profile (you can even add a humanized memo name if necessary).
3. Click [Send Nifty] to confirm the transfer. The transfer is real-time, and the transfer in the platform is free of gas charges.
In addition, Nifty Gateway allows NFT to be given to everyone outside the platform based on efficient email addresses, as shown below:
Nifty Gateway has a standard billing system made up of two different models: V1 and V2, as defined in Nifty's WalletHub text documentation.
This method applies to directories stored in Nifty Gateway's managed mode. Under this method, Nifty Gateway deducts 5% of the market price as an expense. Bank credit cards, Ethernet wallets or Gemini accounts can all be used for payment. In addition, there is no gas charge for this kind of transaction.
This applies to all service providers that apply ethersquare digital currency wallets (such as MetaMak) to list NFT for sale. Such transactions must be paid by ETH, with Nifty Gateway deducting 2.5 per cent of the total market price. Customers have to pay for gas when they make such a transaction.
As with all NFT platforms, the most important thing is to try to use their security factors and ensure that your digital currency is protected. Generally speaking, Nifty Gateway has already taken effective measures to ensure the security of its customers. The platform has been applied by investors with good reputation, and many famous artists and celebrities have used the platform.
Nifty Gateway also uses industry-standard security measures, such as data encryption and two-factor authentication, to protect customer accounts and transactions. In addition, Nifty Gateway benefits from its head office Gemini's high attention to the best practices for maintaining the security of the digital currency industry.
Gemini performs regular bank compliance, complies with financial regulations, and uses database security and hosting services to maintain the security of Nifty Gateway wallets. Its hosting system ensures that the market has the right to use all the NFT listed on its platform.
Even so, Nifty Gateway is not immune to cyber hackers. In March 2021, some Nifty customers complained about "account takeover" and his NFT withdrew from his Nifty Gateway account. Nifty Gateway claimed that its web site had not been infiltrated and that the affected accounts lacked two-factor authentication, seriously endangering personal safety. It is reported that and other customers said that Nifty Gateway successfully recovered the dirt.
In addition, like any investment or financial transaction, there has always been a certain degree of risk. NFT may be unstable, and the value may fluctuate significantly over time. Before trading all NFT, it is very important to conduct your own exploration and fully understand the risks.
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