Ninfa Labs

Ninfa is a Milan-based technology company that developed and launched an NFT platform of the same name. The platform is located in the metaverse and the company has the stated goal of making the platform a one-stop shop for high-quality NFTs.

The platform can be used by artists, curators, and galleries for selling or buying NFTs. Users can sign up on the platform and connect their wallet through MetaMask or WalletConnect.Artists need to have their work reviewed first before gaining access to selling their NFTs. Likewise, Galleries and Curators will also have applications that will need to be reviewed before accessing the platform. Artists can mint their NFTs either independently or through a gallery, each with a different way of getting royalties.

When transactions take place on Ninfa, there is a fee. If it is a primary sale where the artist is selling their work for the first time after being created (this is known as a primary sale), 10% of the sale goes to Nifa (it is 0% for 2022) and 90% goes to the artist. If it is a secondary sale, there is a 5% fee that goes to Nifa, 10% goes to the original artist, and 85% goes to the seller.