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NiftyKit NFT Platform Partially Closed, Tease New Direction

January 6, 2025
in News
Reading Time: 3 mins read
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No-code NFT creation platform NiftyKit has partially closed, having ceased the majority of operations on January 5, 2025.

The site gave users a self-service solution that allowed them to build, collaborate and launch NFT projects with no coding required, offering a easy route for creatives to get involved in the NFT industry.

Though the initial plan was to cease all operations on January 5, due to popular demand, the NiftyKit team have decided to “[extend] NiftyKit’s self-serve platform until further notice, with support limited to Ethereum Mainnet, Arbitrum One, Polygon, and Base networks.”

NiftyKit NFT - Statement Source: @NiftyKitApp on X

What was NiftyKit?

NiftyKit was a popular self-service no-code NFT creation platform, which boasted users such as Takashi Murakami, Gucci, and Wallet Guard.

Over its operation, NiftyKit has facilitated the creation of over 5,000 NFT projects and 4.8 million NFTs, with over $25,000,000 in creator earnings thanks to the platform.

As part of this partial closure, the ability to create new collections on NiftyKit has ceased as of January 5 – although the minting site “will remain accessible for existing collections.”

The NiftyKit team have stated that “for those using the platform, rest assured that we are providing comprehensive support and resources to help you migrate your assets and make this transition as smooth as possible.”

NiftyKit NFT - NiftyKit Wiki
NiftyKit NFT - NiftyKit Wiki Source: NiftyKit

What’s next for NiftyKit?

Though the NiftyKit platform is being phased out, it is believed that the team behind it has new products on the way.

The NiftyKit team have teased that this is only a temporary goodbye, with the closure prompted by a motivation to “shift resources into new products and services”, and stating that “the best is yet to come!”

As of writing, the team have remained tight-lipped on their future direction – though with the supportive comments raised in the face of their closure, it’s clear that the team have a community that is invested in them and their products.

Credit: Source link

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