Nifty Media Acquires Innovative Web3 Media Brand NFT Insider

MANCHESTER,
UK,
JUNE
4,
14:00
BST,
2024 –
Leading
independent
NFT
news
and
media
company


Nifty
Media
has
announced
the
expansion
of
their
media
arm
through
the
acquisition
of
popular
web3
media
brand NFT
Insider.

This
adds
to
Nifty
Media’s
portfolio
of
blockchain-focused
entities,
which
includes
longstanding,
reputable
brands
such
as news
websites NFT
Plazas,
magazine


MagNFT,
weekly
newsletter


Nifty
Notes
and
virtual
world
advertising
service


Metaverse
Residents.

The
brand
was
purchased
for
an
undisclosed
fee,
with
current
COO
of
Nifty
Media
John
Nichols
returning
to
helm
of
the
site
he
founded
in
2021.
Areta
acted
as
the
exclusive
financial
advisor
on
the
transaction,
and
Nifty
Media
has
secured
ownership
over
NFT
Insider’s
website,
content
and
social
media
channels,
with
plans
to
relaunch
this
week.

Originally
covering
developments
on
the
WAX
blockchain,
NFT
Insider
expanded
to
cover
the
wider
web3
industry
–
both
online
and
at
major
events
around
the
world
–
following
its
purchase
by
NFT
marketplace
AtomicHub
in
September
2021.
Highlights
included
exclusive
interviews
with
the
likes
of
FEWOCiOUS,
Sebastien
Borget,
and
Eddie
Fear,
and
engagements
with
figures
such
as
Ben
Goertzel,
Jeffrey
Pabst
and
Sami
Chlagou.

“I’m
delighted
to
announce
the
acquisition
of
the
popular
NFT
Insider
brand,”
said
Chris
Thomas,
CEO
of
Nifty
Media.
“This
marks
a
significant
milestone
for
our
company
and
is
a
fantastic
opportunity
to
demonstrate
our
deep
commitment
to
the
NFT
space.”

Whilst
many
web3
media
companies
are
scaling
back
operations,
Nifty
Media
is
continuing
to
grow,
with
the
acquisition
and
relaunch
of
NFT
Insider
marking
the
next
step
forward
in
their
growth
strategy
for
2024
and
beyond.

[END]

Media
Contact
–
Nifty
Media

John
Nichols,
COO:

[email protected]

Media
Contact
–
Lunar
Strategy

Vineet,
PR
Manager,

[email protected]

About
NFT
Insider

Founded
in
2021,
NFT
Insider
is
a
world-leading
media
outlet
specializing
in
blockchain
gaming,
on-chain
experiences
and
the
industry
at
large.
With
a
unique
brand
of
honest,
community-first
reporting
on
the
latest
titles,
tokens
and
must-know
developments,
we’re
chronicling
web3’s
disruption
of
the
billion-dollar
entertainment
industry.

About
Nifty
Media

Nifty
Media
is
an
industry-leading
web3
media
company,
with
its
flagship
brand
NFT
Plazas
–
the
#1
news
site
dedicated
to
growing
the
NFT,
web3
and
metaverse
space
–
having
been
founded
in
2018.
Our
mission
is
to
be
an
evangelist
for
blockchain
technology,
and
highlight
the
exciting
benefits
and
experiences
it
can
bring.
Through
groundbreaking
coverage
of
games,
crypto
art,
collectibles,
metaverse
projects
and
more,
we’re
flying
the
flag
for
the
entire
web3
industry.