DrifterShoots Shares Nifty Gateway Drop Details
Photographer and NFT artist, DrifterShoots, officially shared details on his upcoming NFT drop with NFT marketplace, Nifty Gateway in a Twitter post on Tuesday.
The drop, "Bridging the Gap" will be launched on Nifty Gateway on Sunday, August 21 with a time yet to be announced.
Three different NFTs will be available, two of which will utilize a ranked auction for 44 and 15 NFTs, requiring minimum bids of $1,000 and $4,000, respectively.
In order to win an NFT in a ranked auction, a user must submit a bid that meets the minimum bid threshold (for example, $1,000). If the $1,000 bid is within the top-44 bids for that particular auction, the winner will receive the NFT they have bid on.
However, if the bid of $1,000 falls outside the top 44 bids, they will not be selected as a winner for the ranked auction. Users can monitor the auction leaderboards, and choose whether or not to place a higher bid to increase their chances of winning an NFT.
Beyond the two ranked auctions, DrifterShoots is also auctioning off a 1/1 NFT with a minimum $60,000 bid.
More details about the official collection and the time for auctions are expected later this week.