Nifter ™is a Non-fungible Token (NFT) music marketplace that legitimate artists to create, discover, and sell unique music and sound NFTs on this marketplace.
Currently, it is focusing on the 7.7 billion individuals from outside the United States to widen its initial campaign’s reach. This Global roll-out of this marketplace of Africa, Asia, and the Caribbean is mechanized by different artists’ advocacy and who and how they serve the best talent. They realize that artists other than American and European countries need the same level of protection and monetization. So they ensure that artists in rapidly developing countries gain the same level of protection and monetization.
Frank Magliochetti, the CEO of ClickStream, stated that
“I am immensely excited about what is happening under this leadership of Supreme. As he is bringing creativity, discipline, and vision to Nifter. So I look forward to watching his strategic plan unfold.”
Back in 2021 according to Grand View Research, the global non-fungible tokens market size was valued at USD $15.54 billion and is now expected to grow at a compound annual growth rate (CAGR) of 33.9% from 2023 to 2030. This credited growth is due to the increasing demand for NFTs worldwide due to their uniqueness, individuality, and transparency, among other features. These tokens are indivisible and never be distributed among multiple owners which is a huge advantage for owners. However, this ownership advantage proposed by NFTs ensures the owners that they are safe from fake NFTs (non-fungible tokens).
Introduction to Nifter ™
As above, Nifter is a Non-fungible Token (NFT) music marketplace. Here different artists like singers create their own songs and music or discover unique music and sound NFTs. So that they can sell that on this marketplace. NFTs are digital tokens that make a blockchain to record ownership. Nowadays, selling and buying of music NFT are in trending with recordings.
Furthermore, Artist records and sells their single NFT ranging from tens of thousands to Millions of dollars. In the least time, this business cuts out the Red Tape and lets artists instantly and directly monetize themselves.
Support creators is an important role of Nifter. However, it also empowers the independence of the creators as it is a reliable source of purchasing and trading Collectible NFTs. The Company deals with fair treatment and complies with the best business practices. This platform forges custom Non-fungible tokens (NFTs) for purchase and serves as a forum for creative and talented individuals to get engage with fans and collectors.
About ClickStream Corporation, its Parent Company
ClickStream Corporation is a technology company focusing on developing apps. It is also involved in developing digital platforms for upcoming generations that disrupt many conventional companies. Currently, the company is holding the marketing and developing of WinQuick™, HeyPal™, Nifter™, and Joey’s Animal Kingdom™ respectively.
Company announces $40 million fundraising and starting Campaign to be a global one
In recent days, Nifter announced a $40 million seed round to build up its global expansion campaign. The company used to say, it wants to scale the marketing campaign for the brand as a household name.
Further, they are also trying to expand their team of A-listed entertainers as a part of their campaign. However, they also have some plans to hire an international team and accelerate its acquisition efforts.
The company also said it will surely expand its NFT marketplace beyond music to include artwork, video, and memorabilia non-fungible tokens (NFTs). Moreover, Nifter’s better version is already live and in no time it will be rolling out the global version soon.
Other recent activities
This blockchain platform also launched a production arm to forefront partnerships with different artists. This company is also targeting live events and the distribution of music/video to iTunes, Spotify, and Netflix, where artists are able to use NFTs just like as event tickets and for tracking their royalties.
Heads of the Nifter NFT, the CEO Michael J. Smith, and the CFO Michael Handelman, with Raymond Brothers of RocNation Sports, are also going to join the company’s team.
The company’s main focus is becoming one of the biggest publicly traded art marketplaces. The NFT market recently experienced a quick rise over the past two years. The rapid adoption of the thriving industry powered the influx of celebrities. However, mainstream brands seeking to augment their revenue streams.
Nike, which also takes part to acquire NFT project RTFKT becomes one of the most successful brands in the space. It also generates more than $200 million in sales to date.
Moreover, the NFT space has also popup as an exciting pivot for struggling brands. At the start of this year Gamestop, whose revenue and net income have declined due to the turn of the year. They teamed up with Immutable X to launch an NFT marketplace for its video games.
Although the industry has faced a gradual decrease in recent months during the crypto winter, venture capital firms continue to pump funds into new projects ahead of a rebound.
Safe Harbour Statement
In the end, this press release contains forward-looking statements that show terminologies like “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or any other similar words of expressions. However, Many forward-looking statements also involve known and unknown risks, uncertainties, and other facts that may give rise to actual results being materially different from any future results implicit by such statements. These facts include, but are not limited to, our ability to continue to enhance our products and systems to change address in this industry, as our ability to expand our customer base and retain existing customers, our ability to potentially compete in our market segments, the lack of public information on our company, our ability to raise sufficient capital fund for our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, and among other risks.
Many factors are difficult to predict accurately so far and are generally behind the company’s control. Forward-looking statements tell only as to the date they are made, and we do not assume to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE: ClickStream Corporation