Nifty Gateway: "Permanent NFT hosting even after platform shutdown"

Non-fungible token (NFT) marketplace Nifty Gateway said it will permanently preserve users’ NFTs even after the platform shuts down. The company’s policy is to continue hosting the metadata and media files for some NFTs even after the service ends.

According to The Block on the 27th (local time), Gemini-owned NFT marketplace Nifty Gateway disclosed detailed plans via its official X account to protect users’ assets during the wind-down process. The company said it plans to migrate most NFT metadata and media files to decentralized storage networks so they remain accessible after the service is discontinued.

Nifty Gateway plans to move NFT metadata and media to Arweave, a blockchain-based data storage network designed for permanent archiving. However, for certain NFTs minted in 2021 or earlier, the metadata is permanently tied to Nifty Gateway’s own servers; for those assets, the company said it will host the metadata indefinitely.

The platform has also extended the withdrawal window for users’ NFTs. By offering a 90-day withdrawal period—providing more time than before—users can transfer NFTs to external wallets until April 23. The company said it will continue to support withdrawals, if necessary, by working with customers even after that deadline.

In addition, it is preparing a bulk-withdrawal feature for users who hold multiple NFTs. Nifty Gateway said it plans to release the tool with enough lead time for use ahead of the April deadline.

Nifty Gateway, acquired by Gemini in 2019, grew rapidly during the 2021 NFT art boom, but has faced challenges as NFT trading volumes and overall marketplace activity have contracted. The company previously announced it would wind down platform operations amid a prolonged downturn in the NFT market.