| Founded | 2018 |
|---|---|
| Founder | Duncan and Griffin Cock Foster |
Area served | Internet, Worldwide |
Key people | |
| Products | NFT marketplace |
| Owner | Winklevoss twins |
| Parent | Gemini[1] |
| Website | niftygateway |
Nifty Gateway is a digital art online auction platform for non-fungible token (NFT) art founded by Duncan and Griffin Cock Foster,[2] and has since been acquired by the Winklevoss twins.[3] Nifty Gateway has sold NFTs by Beeple, Pak, Refik Anadol, Sam Spratt, XCOPY, Skygolpe and other widely followed NFT artists.[3][4]
In March 2021, Nifty Gateway began a partnership with the auction house Sotheby's.[5]
In March 2021, some users of the platform were hacked. A common theme across all the users that were hacked was that they all did not have 2-factor authentication activated. It is speculated that the hack was a result of cracking or otherwise acquiring their individual passwords. Nifty Gateway released a statement saying its initial investigation had found “no evidence” the platform itself was breached.[4] Nifty Gateway was able to reverse all transactions made via stolen credit card information, although it raised questions regarding new users understanding of cryptocurrency's decentralization.[6]
One user planned to file a police report and contact their insurance company, but did not, stating “there’s nothing I can do per the Nifty terms of service.”[6][7]