Nifty Gateway is pulling the plug. The Gemini-owned NFT hotspot closes February 23, 2026.
Users, grab your digital goodies fast, because it’s withdrawal-only now.
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Nifty Gateway’s Rise and Fall
Back in 2020, Nifty Gateway crashed the NFT party like a rockstar with a credit card swiper. No crypto wallet needed, just slap down plastic and snag drops from Beeple or Grimes.
Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026. Starting today, Nifty Gateway is in withdrawal-only mode.
Nifty Gateway was launched in 2020 with the vision of revolutionizing digital art. Since launching, Nifty supported dozens of…
— Nifty Gateway Studio (@niftygateway) January 24, 2026
By mid-2021, they raked in over $300 million in sales, per Gemini’s own tally. Pure madness, right? Crowds piling in for pixelated art like it was the last chopper out of Saigon.
Then the hangover hit, and sales tanked with the NFT market’s long slide.
April 2024, they ditched the marketplace vibe, rebranded to Nifty Gateway Studio for onchain projects and brand tie-ins. But it didn’t work.
Gemini announced the full shutdown Saturday on X, eyes on their “super app” dream. They’ll keep NFT love alive via Gemini Wallet, they swear.
Why Nifty Gateway Shutdown Spells Trouble for NFTs
This exit screams louder than a foghorn in the NFT graveyard, because Nifty Gateway wasn’t some fly-by-night op, it dragged mainstream suckers into the game with easy buys.
Now, with the platform flipping to withdrawal mode, people get emails on yanking ETH, USD, or NFTs via Gemini links or Stripe banks. Miss the Feb. 23 cutoff? Good luck. So don’t miss!
It’s like watching your flashy uncle sell the yacht after one too many wild weekends. Users, hustle, link that account and bail before the lights flicker out.
Think back to the 2017 ICO crash, billions vaporized, projects ghosted, leaving bagholders crying in the dark.
NFTs echo that flop, OpenSea volumes plunged 97% from peak, per Dune Analytics. Nifty Gateway’s fall fits the pattern, but whispers of rebound tease.
Either way, it shows crypto’s hype cycles chew up pioneers, spitting out lessons for the next boom. Yet survivors adapt, or die trying.
Glimmers in the NFT Gloom
Of course, not all doom, Animoca Brands scooped up gaming collectibles outfit Somo earlier this month.
They’re folding those playable NFTs into their blockchain empire, sharing pipes and partners. Smart play, betting on utility over pure speculation.
Animoca eyes it as a portfolio boost, much like how Axie Infinity minted millions in 2021 before its own tumble.
Nifty Gateway’s shutdown? A gut punch, no doubt, but these moves hint NFTs might claw back via games and real use.
And we all know that crypto loves a comeback story, even if it’s bloodied.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: January 27, 2026 • 🕓 Last updated: January 27, 2026
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