The post Gemini’s NFT platform Nifty Gateway enters immediate shutdown process appeared on BitcoinEthereumNews.com. Nifty Gateway has announced that its platformThe post Gemini’s NFT platform Nifty Gateway enters immediate shutdown process appeared on BitcoinEthereumNews.com. Nifty Gateway has announced that its platform

Gemini’s NFT platform Nifty Gateway enters immediate shutdown process

3 min read

Nifty Gateway has announced that its platform will be ceasing trading operations from today and shut down finally in February this year. It advised account holders to move their assets to external wallets or personal accounts before the deadline. 

With the announcement, Nifty Gateway becomes the latest upstart from the NFT era to become defunct after the digital art momentum crashed and burned, as initial excitement and FOMO fizzled out after compounding user losses. 

Nifty Gateway shuts down 

Nifty Gateway has announced that it is shutting down. The platform said in a post on X that it will fully close its doors on February 23, 2026. 

Nifty Gateway was launched in 2020 with a goal to change how people collect and experience digital art. Over the years, it hosted many famous art “drops” and worked with world-renowned creators.

Starting today, trading features on the platform are turned off. It is strictly in “withdrawal-only mode.” Users can no longer list NFTs for sale or place bids on new art. 

Gemini, the cryptocurrency exchange owned by the Winklevoss twins, purchased Nifty Gateway in 2019. Gemini leaders stated that they are proud of the team’s work but want to focus on new projects. Specifically, they want to build a “one-stop super app” for all crypto needs.

Nifty Gateway account holders need to act before the February deadline. The company is sending emails to everyone who has a balance of U.S. Dollars (USD), Ethereum (ETH), or an NFT in their account. These emails contain step-by-step instructions on how users can move their property. NFTs can be moved to an external wallet or to the Gemini ecosystem.

Users will have to pay gas fees to move their items, and Nifty Gateway has confirmed they will not cover these costs. Users who bought items with a credit card for the first time might have to wait 72 hours before they can withdraw them. 

How’s Gemini moving forward without Nifty Gateway? 

Before Gemini ultimately cut Nifty Gateway, it launched Gemini Wallet in August 2025 as a tool designed to hold NFTs alongside other cryptocurrencies. Gemini plans to move its NFT community into this new system in order to make crypto easier to use in one single app.

Despite the Nifty Gateway’s closing, recent data shows that the NFT market grew by about $700 million in the first few weeks of January. Weekly sales have jumped to around $85 million, a big increase compared to the end of 2025. 

Notably, users are moving away from simple “profile picture” NFTs and toward “utility” NFTs that give you special access to games, events, or real-world products. Even OG NFt projects such as Pudgy Penguins launched its fungible token PENGU to bridge the gap between “hardcore” NFT collectors and the average crypto retailer. 

Even OpenSea, a leading venue at the peak of NFT trading, announced in October 2025 that it will pivot to become a crypto asset aggregator. That strategic detour came after previous attempts to revive activity. 

Devin Finzer announced that OpenSea’s native token, with ticker SEA, will launch during the first quarter of 2026. The founder added that 50% of the token supply will be given to OG users while sharing minimal tokenomics details.

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

Source: https://www.cryptopolitan.com/nifty-gateway-enters-shutdown-process/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top NYC Book Publishing Companies

Top NYC Book Publishing Companies

New York City has been the epicenter of American publishing for generations, but “NYC publishing” isn’t just one lane. Today’s landscape includes two very different
Share
Techbullion2026/02/06 14:02
Sensorion Announces its Participation in the Association for Research in Otolaryngology ARO 49th Annual Midwinter Meeting

Sensorion Announces its Participation in the Association for Research in Otolaryngology ARO 49th Annual Midwinter Meeting

MONTPELLIER, France–(BUSINESS WIRE)–Regulatory News: Sensorion (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the
Share
AI Journal2026/02/06 14:45
AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media

AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media

AI crypto trading is everywhere, and every YouTube guru claims their bot mints money while they sleep. Sounds dreamy, right? However, most don’t discuss the full story, the wild profits possible, and the lurking pitfalls. As someone obsessed with the intersection of artificial intelligence and digital assets, let me pull back the curtain on the realities of algorithmic trading in the crypto jungle. Here’s what nobody tells you: 87% of retail traders using automated systems lose money within their first year. The marketing materials show cherry-picked results. The testimonials come from paid affiliates. But here’s the twist. The remaining 13% who succeed aren’t just lucky. They understand something the majority misses entirely. The Reality Behind the Hype The crypto world loves success stories. You’ve probably seen them. “I made $50,000 in three months using this bot.” What they don’t mention? The $200,000 they lost by testing seventeen other systems first. Real talk: most trading algorithms fail because they’re built for perfect market conditions. Crypto markets are anything but perfect. Think about it like this. Would you trust a Formula 1 car to handle rush hour traffic? That’s essentially what most people do with their trading bots. Why Smart Money Uses Crypto AI Tools Differently Professional traders approach crypto AI tools with surgical precision. They don’t expect miracles. They expect consistent, measured results. The difference lies in understanding what these tools actually do well: • Risk management automation • Pattern recognition at scale • Emotional bias elimination • 24/7 market monitoring • Portfolio rebalancing Notice what’s missing from that list? Get-rich-quick schemes. The smartest crypto AI tools focus on protecting capital first. Profits come second. This mindset separates winners from losers. Here’s something interesting. 9-figure media companies track these patterns religiously. They know which crypto AI tools produce sustainable results versus flashy short-term gains. Professional traders using crypto AI tools typically target 15–25% annual returns. Not 500% monthly moonshots. The Startup Connection Most People Ignore AI for startups isn’t just about building the next ChatGPT. Many successful companies use AI to optimize their crypto treasury management. Smart startups integrate crypto AI tools into their financial operations early. They automate routine decisions. They reduce human error. They scale their trading operations without hiring armies of analysts. But here’s where it gets interesting. The best AI for startup applications in crypto aren’t the obvious ones. Consider automated tax reporting. Or real-time compliance monitoring. Or treasury optimization across multiple blockchains. These unsexy applications generate more consistent profits than flashy trading algorithms. AI for startups in the crypto space succeeds when it solves boring problems efficiently. Not when it promises unrealistic returns. The most successful AI for startups implementations focus on operational efficiency. They reduce costs. They minimize risks. They free up human resources for strategic decisions. Learning from Top AI Start-Ups Top AI start-ups in the crypto space share common characteristics. They prioritize transparency over marketing hype. Look at successful top AI start-ups like Chainalysis or Elliptic. They don’t promise easy money. They provide essential infrastructure. The best top AI start-ups focus on solving real problems: • Market data analysis • Security monitoring • Regulatory compliance • Portfolio analytics • Risk assessment These top AI start-ups understand something crucial. Sustainable businesses solve actual problems. They don’t just ride hype cycles. 9-figure media outlets consistently highlight these fundamental companies. They ignore the noise. They focus on substance. Many top AI start-ups actually discourage retail trading. They know the odds. They’ve seen the casualties. Instead, successful top AI start-ups build tools for institutions. Banks. Hedge funds. Companies with proper risk management systems. The Hidden Costs Nobody Discusses Using crypto AI tools costs more than subscription fees. Much more. First, there’s the learning curve. Most people spend months figuring out proper settings. During this time, they’re paying tuition to the market. Second, there’s infrastructure. Reliable crypto AI tools require stable internet, backup systems, and proper security measures. Third, there’s opportunity cost. Time spent tweaking algorithms could be spent learning fundamental analysis. The real cost? Most people using crypto AI tools trade more frequently. Increased trading usually means increased losses. Think about 9-figure media companies again. They understand that technology amplifies existing skills. It doesn’t replace them. Smart Implementation Strategies Successful crypto AI tools users follow specific patterns: • Start with paper trading • Use position sizing rules • Set strict stop losses • Monitor performance weekly • Adjust strategies quarterly They treat crypto AI tools like any other business tool. With respect. With caution. With realistic expectations, startup applications work similarly. They augment human decision-making. They don’t replace it. The most successful AI for startups implementations in crypto involve human oversight at every level. Algorithms suggest. Humans decide. What Actually Works Here’s what separates successful crypto AI tools users from everyone else: They focus on consistency over home runs. They understand that small, regular gains compound better than occasional big wins followed by devastating losses. They apply AI principles to their approach for startups. They iterate quickly. They fail fast. They learn constantly. They study top AI start-ups for inspiration. But they don’t try to replicate their exact strategies. Most importantly, they never risk money they can’t afford to lose. The crypto market will humble anyone. AI doesn’t change this fundamental truth. Your success with crypto AI tools depends more on your discipline than the sophistication of your algorithms. Remember: the house always has an edge. Your job is to find where that edge doesn’t apply. That’s the secret they won’t tell you. AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 23:20