Nifty Gateway Closure: NFTs at Risk Due to Private Server Reliance
The potential shutdown of Nifty Gateway raises concerns about the long-term viability of numerous NFTs. According to reports, Nifty Gateway's infrastructure depends on private servers. This reliance means that if the platform ceases operations, a significant number of NFTs could become inaccessible or broken, impacting the ownership and display of these digital assets. The development highlights the risks associated with centralized NFT platforms and the importance of decentralized solutions for ensuring the longevity of NFTs.
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