Social media platform for NFT ‘Niftis’ Comes out

[Digital Today Reporter Chigyu Hwang] Amid rising interest in non-replaceable tokens (NFTs), social media platforms focusing on NFTs are expected to emerge soon.

Nifty’s, led by Jeff Masilio, former senior vice president of new media at the NBA, will open an NFT-based social media platform in the second quarter. Masilio was a person who played an important role in leading the NBA Topshot license agreement, which is known as the representative NFT-based content, Defiant, a media specializing in DeFi, said.

According to the company, members of Niftis can create, collect and display all kinds of NFTs under one community. Nifty aims to grow into a hub where you can access and connect to the NFT community.

Niftis has also recently completed initial investments from Mark Cuban, Draper Dragon, Consensys founder Joseph Rubin, and an anonymous investor called the DeFi whale called 0xb1.

Niftis has invested some of the funds invested in acquiring the MEME protocol technology stack.

Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.