What is Nifty Gateway? Getting to know the Nifty Gateway platform

The market of NFT industry is one of the most important and popular financial markets, along with the market of digital currencies. Hence, many exchanges and platforms can be found today that either support both or exclusively each of these two. One of the popular platforms in the field of selling NFTs is the Nifty Gateway platform where people can start making NFTs. What is Nifty Gateway ? It is a platform for buying, selling and making NFTs. To start doing this, it is enough to register on this platform. In the rest of the article, we are going to introduce you to this NFT buying and selling platform and also answer the question of what is Nifty Gateway.

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What is Nifty Gateway?

It is a platform for buying, selling and creating NFTs that uses blockchain technology to store NFTs. This platform is implemented on the Ethereum network, which has high security. Nifty Gateway  was created by Cock Foster brothers in 2018 with the main goal of creating high-quality digital artwork. This platform focuses on quality collectors, the most famous collectors being Pak and Grimes. On this platform, people can view or buy all kinds of NFTs such as writings, photos, videos, etc. If you think you are a capable writer, you can earn money from your manuscripts by reading the articles of your writings.

Nifty Gateway has a primary market and a secondary market where people can earn money from their assets after selling them by placing their NFTs on this platform. To register on this platform, people can go to niftygateway.com and register quickly if they have a Metamask wallet.

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What is an NFT?

You might not even know what NFT is, so we’ve included this section for those who don’t know about it. NFT, or Non-Featured Token, is a new type of digital asset created on the Ethereum ERC-721 network. NFT has revolutionized the financial markets, metaverse, and video games, adding a monetization feature to these technologies. To learn more about NFTs, read the NFT Definition + Introduction to Non-Fungible Tokens (NFT) article. In general, if we want to look at digital currencies, digital currencies are divided into 3 parts: symbolic, semi-symbolic and non-symbolic tokens.

Non-equivalent tokens are not fungible, that is, they cannot be exchanged for another asset and you just have to sell it. There are many platforms for making NFTs such as Rarible, OpenSear and Nifty Gateway, each with unique features. It is interesting to know that none of them will ask you to make an NFT at the beginning.

Read more: What is a semi-metaphorical token?

What are the advantages and disadvantages of the NiftyGateway platform?

Nifty Gateway platform has managed to attract many fans by connecting and linking with famous people in the field of NFT. People can easily buy and sell NFT sets using their credit cards. Permission to publish your NFT works on this platform is a bit difficult, and if it is approved by the Nifty Gateway team, it will be listed on this platform. Therefore, it is not suitable for artists who are new and unfamiliar, and it is better to go to other platforms such as Raribel or OpenSea. But in any case, you need to promote your digital artworks, which you can easily promote your artworks by reading the article 8 ways to promote NFT artworks.

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Advantages

• Fine and rare works of art
• High quality artwork
• Cooperation with famous collectors
• High security of works of art
• The possibility of earning money from the works sold in subsequent transactions, for the creator of the work

Disadvantages

• The platform is not suitable for beginners
• Relatively high fees when selling artwork

Training to buy NFT on Nifty GateWay platform

Now that you have fully understood what Nifty Gateway is, we are going to discuss how to buy NFTs on this platform. In order to start buying and selling NFT, you first need to create an account on this platform. For this, you must first log in to the NiftyGateway website, the link of which is placed in the What is NiftyGateway section. Then click on the SignUp option to enter the registration section. As in the picture above, enter your email in the first box and your name and family name in the second and third boxes, and choose a password for your account in the next box. If you have a Metamask wallet, click on the Metamask icon at the top of the page and enter your information.

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After logging in to your account, click on the Marketplace option to view the artworks available on this platform. For example, in the image above, to purchase or request the creation of an NFT, you can specify its properties in advance. As you can see in this image, in addition to specifying the appearance of the NFT, you can specify your bid price for the manufacturer.

Conclusion

The NFT market is the hottest and most attractive topic of discussion among digital currency market investors these days. Therefore, most people are looking for a way to buy and sell works of art, and Nifty Gateway has paved this way. Nifty Gateway is one of the most popular NFT buying and selling platforms, with the help of this platform, people can be known as a famous artist. Since the main purpose of this platform is on famous artists, you can make a name for yourself in this industry by working on this platform and selling your works. In this article, we tried to introduce this platform to you and answer the question of what is Nifty Gateway.