{"id":9494,"date":"2021-07-12T18:54:35","date_gmt":"2021-07-12T18:54:35","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/social-nft-project-niftys-raises-10m-partners-with-entertainment-giant-warner-bros\/"},"modified":"2021-07-12T18:54:35","modified_gmt":"2021-07-12T18:54:35","slug":"social-nft-project-niftys-raises-10m-partners-with-entertainment-giant-warner-bros","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/social-nft-project-niftys-raises-10m-partners-with-entertainment-giant-warner-bros\/","title":{"rendered":"Social NFT Project Nifty\u2019s Raises $10M, Partners With Entertainment Giant Warner Bros"},"content":{"rendered":"

The Miami-based Nifty\u2019s, Inc. announced the launch of the project\u2019s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, Polaroid, and Samsung Next.<\/strong><\/p>\n

Nifty\u2019s Partners With Warner Bros, Launches Space Jam NFTs<\/h2>\n

The new NFT venture Nifty\u2019s announced Monday the launch of the project\u2019s website niftys.com and further detailed that the company has partnered with Warner Bros., the American multinational mass media and entertainment conglomerate. Nifty\u2019s will be working with Warner Bros. on NFTs tethered to the upcoming animated film \u201cSpace Jam\u201d featuring LeBron James and the Looney Tunes characters. In four days, \u201cSpace Jam: A New Legacy,\u201d will release in theaters and on HBO Max.<\/p>\n

\u201cWe are excited to partner with Nifty\u2019s on this new way for our audiences to engage with their favorite characters, connect with other fans and enjoy our movies on and off the screen,\u201d Pam Lifford, president of Warner Bros. global brands and experiences, said in a statement. \u201cSpace Jam: A New Legacy is fun for everyone and it was important to us to give audiences new and exciting ways to celebrate their fandom.\u201d<\/p>\n<\/p>\n

According to the announcement, Warner Bros. will distribute a single limited-edition NFT to anyone who registers on Nifty\u2019s and also visits the Space Jam NFT collection page. Warner Bros. says the NFTs will feature the Los Angeles Lakers\u2019 James and the Looney Tunes\u2019 \u201cTune Squad.\u201d The Space Jam: A New Legacy NFTs were produced by Palm NFT Studio which uses advanced blockchain tech that claims to reduce \u201cenergy consumption by 99%.\u201d<\/p>\n

\u201cThe digital collectibles will include two-dimensional and three-dimensional versions with five levels of rarity,\u201d the entertainment company and Nifty\u2019s announcement details. \u201cAwards will be randomized and include all levels of rarity, including a chance to receive one of the ten legendary versions of each. Collectors will be able to purchase additional NFTs individually for only $2.99, with a randomized assignment of character and rarity.\u201d<\/p>\n

\u201cThe speed and strength of our platform\u2019s development is a testament to the incredible talent of our team and was made possible by a group of investors who have given us the resources to accomplish our goals,\u201d Jeff Marsilio, CEO and cofounder of Nifty\u2019s, noted during the announcement. \u201cWe are thrilled to introduce Nifty\u2019s to the world with exciting content from Warner Bros. and to launch our community as an inviting home base for new and experienced explorers of the NFT universe.\u201d<\/p>\n

<\/p>\n

Warner Bros Joins Prominent Brand Names Entering the NFT Industry<\/h2>\n

The announcement from Nifty\u2019s comes as NFTs remain in the spotlight and major brand names and celebrities like Playboy<\/a>, MLB<\/a>, Mike Tyson, UFC<\/a>, DeLorean Motor Company<\/a>, TIME, USA Today <\/a>have joined the NFT craze. David Lee, the executive vice president of Samsung Electronics and head of the VC firm Samsung Next, believes the team behind Nifty\u2019s will help mold future trends. \u201cWhat Nifty\u2019s has developed in such a short time deeply impressed us, and we cannot wait to see how they shape the future of NFT engagement,\u201d the Samsung Electronics president concluded.<\/p>\n

Just recently, rumors<\/a> went viral on the web that said Warner Bros. was planning on selling both Mortal Kombat\u2019s Netherrealm Studios and LEGO dev TT Games. Warner Bros. is in the midst of a $43 billion merger and it was suspected that the company was offloading some intellectual property and subsidiaries. However, Warner Bros. denies<\/a> the claims that it plans to offload Netherrealm Studios.<\/p>\n

What do you think about Nifty\u2019s partnership with Warner Bros.? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nNews, DeLorean Motor Company, Jeff Marsilio, LEGO dev TT Games, Looney Tunes, Looney Tunes NFTs, Los Angeles Lakers, Mike Tyson, MLB, Netherrealm Studios, nft, NFT engagement, NFTs, Nifty’s, Non-fungible Token, Pam Lifford, Playboy, Samsung, Space Jam, Time, UFC, USA Today, Warner, Warner Bros, Warner Bros. NFTs, WB<\/p>\n","protected":false},"excerpt":{"rendered":"

The Miami-based Nifty\u2019s, Inc. announced the launch of the project\u2019s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps,…<\/p>\n","protected":false},"author":0,"featured_media":9495,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9494"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9494"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9495"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}