Nifty's, a Web3 creator platform, announced that the transformation failed and will be gradually shut down from now on

Odaily Planet Daily News Web3 creator platform Nifty's announced on Twitter that it will gradually wind down its business with immediate effect. Nifty's said: "Earlier this year, we turned to developing a platform for Web3 creators, given our limited resources in a difficult market. Since then, we have been working on new products and looking for opportunities to continue developing what we have developed. needed funding. Unfortunately, despite our best efforts, we were not offered an investment opportunity and found that the project had run its course.” Nifty's said that in the past few weeks, the team has tried its best to ensure that the NFT projects released on Nifty's can continue to be maintained, including "The Matrix Avatars", "Looney Tunes: What's Up, Block?", "Game of Thrones: Build Your Realm " and " Bullet Train ". The team has decentralized all NFT media and redistributed NFTs on the Polygon blockchain unless they were already on Ethereum. For NFT holders of the Warner Bros. brand, the team has also developed relevant instructions, and users can export private keys to save their collections. According to previous news in July 2021, Nifty's completed a $10 million seed round of financing. Investors include Polychain Capital, Ethereal Ventures, Liberty City Ventures, Draper Dragon Fund, Coinbase Ventures, Dapper Labs, Topps, Polaroid, QuietCapital, Forerunner Ventures, Samsung Next , A&T Capital and BBTV Holdings Inc. Nifty's launched the NFT social platform Niftys.com, and cooperated with Warner Bros. to launch a series of limited edition NFTs, including the movie "Space Jam: A New Legacy" starring NBA superstar LeBron James (LeBron James) and adding Looney Tunes cartoon characters ".