Miami-based crypto venture Nifty’s has launched what it claims to be the first-ever NFT-focused social media platform.
Niftys.com first partnership, which is with Warner Bros., will feature a collection of limited-edition non-fungible tokens of characters from the upcoming live-action/animated film Space Jam: A New Legacy. The film stars basketball champion LeBron James and the Looney Tunes and will release in theaters and on HBO Max on July 16.
As part of the initiative, Nifty’s Inc has raised $10 million in a funding round with participation from Polychain Capital, Ethereal Ventures, and more. According to the company, the venture has received new support from several other entities, including Coinbase Ventures, Dapper Labs, Samsung Next and Topps among others.
The aim of the platform is to give users a platform to interact regardless of their familiarity with NFT technology. The platform allows its members to discover and create playlists of NFTs that can be shared with friends
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