Instagram To Start Testing NFTs With Select Creators this Week (techcrunch.com) 12
Instagram head Adam Mosseri announced today that the platform is going to start testing NFTs with select creators in the United States this week. From a report: Mosseri noted that there will be no fees associated with posting or sharing a digital collectible on Instagram. At launch, the supported blockchains for showcasing NFTs on Instagram are Ethereum and Polygon, with support for Flow and Solana coming soon. The third-party wallets compatible for use will include Rainbow, Trust Wallet and MetaMask. Creators and people who are part of the test can now share NFTs that they've made or that they've bought. You can share these NFTs in your main Feed, Stories, or in messages. Mosseri outlined that only a limited number of people have access to the test, but the company plans to roll out more functionality related to NFTs in the future once it gets feedback from its initial testing.
NFT (Score:5, Insightful)
I looked inside the blockchain and the art I purchased was Not Fucking There. All I found was a URL that now returns 404. But I'm sure that I can resell it for more than I paid, most certainly. Just recently cashed in on all those prizes that I saved from Crack Jack boxes as a kid, I did so well I reinvested all of the money in Not Fucking There.
Re: (Score:1)
Just another snake oil that is supposed to make everyone rich beyond their wildest dreams instantly.
Another bubble to burst and for ordinary joe schmucks to lose everything while the early adopters get away with everything.
Sorta like what Trump did with the Trump Social SPAC. Mind you, I cheer at that because Marjorie 'Jewish space lasers' Taylor Greene is losing a lot of money.
Re: (Score:2)
prizes that I saved from Crack Jack boxes as a kid
I think your childhood may have been very different from mine.
Re: (Score:2)
You can't pick your parents.
Monetizing rubes (Score:3)
The olympics of stupidity continues (Score:2)
I wonder who will win gold? Or maybe something more brown and stinky
Late to the party (Score:3)
Sorry Instagram, you are late to the party.
The times of selling overprized links to monkey drawings are long gone, everybody is aware that it is a scam, and cryptocurrencies are showing a clear decline [slashdot.org]. The current inflation rate is making people recover their real dollars from their speculative crypto investment, and the bubble is starting to burst.
Get some popcorn and enjoy the next weeks. It will get interesting.
more succesful (Score:1)
No Fucking Thanks (Score:1)
My duckface & cleavage as an NFT (Score:2)
And the buyer doesn't even own my pictures.
More money, more attention and I'll still own everything
Life couldn't get any better!