{"id":296814,"date":"2021-07-12T17:00:00","date_gmt":"2021-07-12T14:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/niftys-inc-launches-social-nft-platform-with-warner-bros-partnership\/"},"modified":"2021-07-12T17:00:00","modified_gmt":"2021-07-12T14:00:00","slug":"niftys-inc-launches-social-nft-platform-with-warner-bros-partnership","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/niftys-inc-launches-social-nft-platform-with-warner-bros-partnership\/","title":{"rendered":"# Nifty\u2019s Inc. launches social NFT platform with Warner Bros. partnership"},"content":{"rendered":"

“# Nifty\u2019s Inc. launches social<\/a> NFT platform with Warner Bros. partnership <\/strong>”
\n<\/p>\n

The debut of Nifty\u2019s social NFT<\/a> platform came with much fanfare on Monday after the company announced a major partnership with Warner Bros. and $10 million in seed investments from some of blockchain\u2019s biggest venture firms.\u00a0<\/p>\n

Through its Warner Bros. partnership, Nifty\u2019s will launch a collection of limited-edition NFTs featuring characters from the upcoming movie Space Jam: A New Legacy,<\/em> the company announced Monday. The movie will be released in theaters and for streaming on Friday, July 16. <\/p>\n

The Space Jam NFTs were developed with the technology<\/a> of Palm NFT Studio, which was developed by Ethereum software company ConsenSys. <\/p>\n

The $10 million seed round included several notable investors, such as Samsung Next, Palm NFT Studio, Coinbase Ventures, BBTV Holdings Inc., HENI, Topps, Forerunner Ventures, Dapp<\/a>er Labs, A&T Capital and Liberty City Ventures. Several pre-seed investors also upped their stake in Nifty\u2019s, including Polychain Capital, Ethereal Ventures and Draper Dragon Fund. <\/p>\n

David Lee, executive vice president at Samsung and the head of Samsung Next venture group, touted Nifty\u2019s innovation within the NFT space:<\/p>\n

\u201cOur business strives to shape the future by identifying the technologies, trends and ideas that matter. […] What Nifty\u2019s has developed in such a short time deeply impressed us, and we cannot wait to see how they shape the future of NFT engagement.\u201d<\/p><\/blockquote>\n

Nifty\u2019s first announced<\/a> its NFT-focused social media platform in March of this year, touting big names like Mark Cuban and Joseph Lubin as investors. The project\u2019s ultimate vision is to create a social media community for digital collectibles that supports the new art scene while boosting personal interactions.<\/p>\n

Related: Nifty News<\/a>: <\/em><\/strong>The Walking Dead invades Sandbox, mining lease NFTs, CryptoPunk in art gallery<\/em><\/strong><\/p>\n

The NFT market has blossomed in 2021 thanks to the growing mainstream acceptance of digital assets and, by extension, digital collectibles. As Cointelegraph reported, NFT sales topped $2.5 billion in the first half of the year. NFT trade volumes have also soared, with at least one estimate projecting a doubling in volume between May and October. <\/p>\n