ChainCatcher news, the open social metaverse gaming platform Nifty Island developed by Nyft Studio has announced the launch of its native token ISLAND. The token will not be distributed through methods such as minting or presales, but will be provided to users through a Play-to-Airdrop (P2A) event to enhance user participation and interaction. The token distribution event will start on January 17, 2024.It is reported that Nifty Island aims to create a community-owned and driven metaverse, where digital assets can be integrated. Upon joining, each user will receive a unique island, a customizable avatar to participate in games, showcase, collect, trade NFTs, and earn rewards for participating in games and contributing content to the game world.

ChainCatcher news, the Web3 creator platform Nifty announced its closure in a tweet. Nifty wrote in a tweet on August 3 that earlier this year, considering its limited resources in a challenging market, it shifted towards developing a platform for Web3 creators. It has been dedicated to developing new products and seeking funding necessary for continued development. Unfortunately, investment opportunities did not succeed, and we are gradually winding down our operations starting today.Nifty was originally a social platform focused on NFTs and had collaborated with some well-known brands in the entertainment industry to launch NFTs, including a collaboration with Warner Bros. to release NFTs based on "Space Jam," as well as NFTs featuring "The Matrix" and "Game of Thrones." According to the crypto data platform Rootdata, the platform had previously received support from Mark Cuban and Joe Lubin in 2021, raising $10 million, with investors including Coinbase Ventures and Dapper Labs.

ChainCatcher news, Gemini subsidiary and NFT trading platform Nifty Gateway co-founders Duncan and Griffin Cock Foster (twin brothers) will resign from their parent company Gemini, after which the brothers will continue to promote the development of Nifty Gateway as advisors. (source link)

ChainCatcher news, Bitizen and NiftyIN have officially reached a strategic cooperation. Both products share the common goal of lowering the entry barriers to Web3, and will work together to explore more vertical or regional markets, providing ecological acceleration solutions for public chains, GameFi, NFTs, and other Web3 applications.Bitizen, as a new generation of keyless, mnemonic-free Web3 wallet built on MPC technology, will join hands with NiftyIN to provide simpler and more user-friendly Web3 infrastructure for Web2 users and teams. The two parties will collaborate on multiple technical points to jointly promote the development of the Web3 ecosystem and the widespread application of its technologies. NiftyIN is an intelligent aggregation tool platform aimed at the GameFi and NFT markets, covering individual entrepreneurs and teams. It provides various development tools and API services needed for game asset and artwork NFTization, innovative gameplay in blockchain games, and integrated operations.

ChainCatcher news, the NFT+GameFi smart aggregation tool platform NiftyIN announced a partnership with the PlatON ecological game project Spirit Master. All game NFT assets of Spirit Master will be issued on NiftyIN, and NiftyIN will also provide customized API interfaces for GameFi development and operations for Spirit Master.It is reported that Spirit Master will distribute 500 exclusive "Shadow of the Sun Partner Pack" NFT Free Mint slots to the NiftyIN community. From December 7, 20:00 to December 10, 20:00, user addresses that publish NFTs on NiftyIN will automatically be added to the Free Mint whitelist. (Source link)

ChainCatcher news, the decentralized NFT aggregation trading protocol NiftyConnect announced that it will open Beta testing tomorrow, continuing until November 30. Users who complete order listing tasks or participate in trading competitions will receive early supporter NFTs, which can lead to token airdrops in the future.It is reported that NiftyConnect is an on-chain shared order book, allowing applications to connect to this open-source protocol and share liquidity with partners within the ecosystem. Its vision is to break the monopoly of centralized NFT exchanges and enhance NFT trading liquidity. (Source link)

ChainCatcher news, Warner Bros. announced that it will launch the HBO series "Game of Thrones" NFT this winter in collaboration with the Nifty platform. The NFT series may be released before 2023 and will be called "Game of Thrones: Build Your Kingdom."It is reported that the NFTs will allow holders to create domain avatars (related to the series) and access additional items in the series to complete their avatars. NFT holders will be eligible to obtain virtual weapons for their avatars, accumulate teammates, and optimize their positions and roles, which will allow holders to build their own kingdoms. Currently, Warner Bros. has not disclosed any details regarding the pricing of the series. (Source link)

ChainCatcher news, according to The Block, NFT lending company NiftyApes has completed a $4.2 million seed round financing, led by Variant and FinTech Collective, with participation from Robot Ventures, Polygon, Coinbase Ventures, The LAO, FlamingoDAO, Ryan Sean Adams, David Hoffman, Eric Conner, Anthony Sassano, Cyrus Younessi, DC Investor, James Young, James Duncan, Nadav Hollander, and Brendan Forster.It is reported that NiftyApes will allow users to obtain loans from any NFT collection. Founders Zach Herring and Kevin Seagraves stated that NiftyApes will use this funding to expand its team. (The Block)

Chain Catcher News, the ApeCoin DAO community's proposal AIP-88 on "Earning ApeCoin through a No-Code NFT Drop Platform and Launchpad" has passed with a support rate of 91.35%.It is reported that the proposal aims to launch a Launchpad for ApeCoin NFT projects and integrate the ApeCoin community into an NFT drop platform, initiated by Bored Ape Yacht Club member and NiftyKit co-founder Dan. Additionally, the proposal plans to use the self-service smart contract-based Launchpad platform NiftyKit to provide funding support for developers and set ApeCoin as the foundational token for the creator economy. (Source link)