Gemini and Nifty Gateway have just made a twin-to-twin connection. The Winklevoss brothers, the founders of the Gemini exchange, have made their first-ever acquisition of a company belonging to twins.
Nifty Gateway, a platform for trading Non-Fungible Tokens (NFTs), has been acquired by the Winklevoss twins. Coincidentally, the founders of Nifty Gateway are also identical twins. Their names are Duncan and Griffin Cock Foster.
Quoted from Tyler Winklevoss in his latest Medium post, “There are many collectibles in the “real” world such as stamps, baseball cards, Magic: The Gathering cards, and Tamagotchi pets, to name just a few. There are also examples of digital collectibles inside popular online games such as Fortnite, Overwatch, and World of Warcraft, with multi-billion dollar economies emerging as players buy and trade skins, dances, and other in-game items. Over time, we believe that both real-world and digital collectibles will migrate onto blockchains in the form of nifties(NFTs). “
The current digital collectible marketplaces mostly carry out transactions using limited crypto options. The process might take a while.
However, Nifty Gateway allows users to buy and sell NFTs using a credit or debit card. This makes entering into the digital collectible space so much easier and quicker. Nifty has a motto: “We will not rest until 1 billion people are collecting NFTs” and this move will indeed accelerate this goal of theirs.
Gemini is one of the most trusted digital currency exchanges in the world. Having the Winklevoss twins as part of the NFT movement is massive since millions of people globally get access to it.
In general, NFT is a more fun way to look at cryptocurrencies. Thus, it will help expose more people to a new light in the crypto space.