Digital art is one of the segments that has benefited the most from the emergence of blockchain technology, to the point of having its own cryptographic space in multiple digital asset markets within the wonderful blockchain ecosystem.
Within digital goods marketplaces, the Nifty Gateway platform has become one of the main marketplaces for digital artists, who can easily access this emerging marketplace, which offers the real possibility to create, buy, sell, exchange and exhibit digital creations in the NFT model.
Nifty Gateway was founded in 2018 by brothers Duncan and Griffin Cock Foster, and subsequently bought by brothers Tyler and Cameron Winklevoss, who have since turned Nifty Gateway into one of the leading blockchain technology platforms trading digital art.
To access Nifty Gateway all you need is an email address, and another important element to note is that the platform acts as a centralised exchange.
Another element to mention is that Nifty Gateway functionally has two market segments, the main one consisting of an interface for digital artists to upload their digital creations, and a second market for holders or owners of NFT art to trade within the platform by executing auction transactions, buying and selling digital art.
As I have mentioned, Nifty Gateway's potential market is the marketing of digital artwork that has given it popularity and dynamism to its growing market capitalisation.
In addition, Nifty Gateway recently plans to buy carbon offsets, i.e., its management plans to pay someone else to reduce greenhouse gas emissions, an element that gives seriousness to this emerging and very promising NFT market.
SOURCES CONSULTED
➊ Wang O Non-Fungible Token (NFT): Overview, Evaluation, Opportunities and Challenges. Link
@lupafilotaxia, incorporating image background: Source / Author: Christie