The NFT marketplace, known for curated digital art sales, will cease operations amid shifting market conditions.
Nifty Gateway, a platform specializing in NFT (non-fungible token) sales, will close permanently on February 23, according to NADA NEWS. The marketplace has been known for hosting curated digital art drops and has played a significant role in bringing mainstream attention to NFTs over the past few years. The announcement marks another shift in the NFT sector, which has faced market volatility and changing user demand in recent months.