Instagram is finally breaking into the weird wide world of NFTs. Meta originally announced plans to create an Instagram NFT marketplace back in March of 2022. Unsurprisingly, this led to months of speculation. Now, Mark Zuckerberg confirmed today (May 9) that the beloved social media platform will finally begin testing...
Month: May 2022
Mark Zuckerberg Says Facebook Will Soon Support NFTs
Mark Zuckerberg, the CEO of Meta (formerly Facebook), released a string of significant announcements today regarding non-fungible tokens (NFTs). In a video posted earlier this morning (May 9, 2022), he said that Facebook is adding NFT integrations. Zuckerberg also stated that Instagram would begin testing its NFT features this week....
Instagram to Support NFT Integration Across 4 Popular Exchange Platforms
Meta Platform Inc’s social media offshoot, Instagram is reportedly on track to support Non-Fungible Tokens (NFTs) from 4 prominent blockchain protocols including Ethereum (ETH), Solana (SOL), Polygon (MATIC), and Flow (FLOW). First broken by Coindesk, the social media giant is notably set to permit NFTs resident on these blockchains to...
We Asked Strangers: “What’s an NFT?”
An NFT is a digital token of information (data) that lives on a blockchain. Each NFT has its own identification code and metadata. As a result, NFTs are unique and non-interchangeable i.e., they are “non-fungible.” The data an NFT contains can be tied to digital files like photos, poems, songs,...
Your Tattoos Can ‘Live Forever,’ Thanks to NFTs
NFTs have enabled artists to interact closely with their audience, develop their own communities, exercise ownership of their work, and generate a fair income by selling their art without any middlemen. The unprecedented rise of NFTs in the post-pandemic years has strengthened the crypto market and empowered painters, animators, independent...