Nifty’s Inc Announces Social NFT Platform with Warner Bros. Partnership and $10 Million Seed Investments 

Nifty’s social NFT platform has debuted earlier today with a Warner Bros. partnership. Nifty’s also announced $10 million in seed investments from some blockchain firms. As part of the announcement on July 12, Nifty’s added that it would launch a collection of limited-edition NFTs through its partnership with Warner Bros. The limited-edition NFTs will feature characters from the upcoming movie Space Jam: A New Legacy. The movie is scheduled for theater and streaming release from the 16th of July. 

Several prominent names participated in the $10 million seed round. Some of them include BBTV Holdings Inc., Topps, HENI, Coinbase Ventures, and Forerunner Ventures. Others are Palm NFT Studio, Dapper Labs, A&T Capital and Liberty City Ventures, and Samsung Next. Also, some pre-seed investors like Polychain Capital, Ethereal Ventures, and Draper Dragon Fund increased their stakes in Nifty’s.

“Our business strives to shape the future by identifying the technologies, trends and ideas that matter. […] What Nifty’s has developed in such a short time deeply impressed us, and we cannot wait to see how they shape the future of NFT engagement.”

This year has seen an expansion of the NFT market with increasing adoption of digital assets and digital collectibles. In the first half of 2021, NFT sales reached $2.5 billion. The trading volume of NFTs has also advanced, and there are predictions that the market will double by October.

If you are interested in doing investment in NFTs, then first you need to do a lot of research on the internet. NFT code is one of the best platforms that can also help you in this regard.

There is no doubt to accept that sooner or later, NFTs will be the KING in the era of cryptocurrency with lots of potential to invest in. If you have a mind to invest in a thing with potential, you should invest in nft profit.

Image Credits: Pixabay