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Author Topic: Will NFTs be available on Instagram soon?  (Read 321 times)
bakasabo
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March 21, 2022, 07:55:35 AM
 #41

Even if this is a smart move, I believe it is already too late to get into NFT trend. I feel like the hype around it is melting. We no longer hear and see shocking news how someone spend thousands or millions on a rare NFT. We only see how everyone turn their projects into NFT marketplaces or implement NFT system in their project. Or we see how someone lost a lot of money by accidental mistype when creating sell offer.

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molsewid
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March 21, 2022, 10:11:40 AM
 #42

Even if this is a smart move, I believe it is already too late to get into NFT trend. I feel like the hype around it is melting. We no longer hear and see shocking news how someone spend thousands or millions on a rare NFT. We only see how everyone turn their projects into NFT marketplaces or implement NFT system in their project. Or we see how someone lost a lot of money by accidental mistype when creating sell offer.

Yes I think I would going to agree with your statement mage that the hype of NFT is melting now. I mean this kind of implementation of instagram that Mark Zuckerberg is implementing is kind of late. I don't know if this man is just trying to revive the hype or it is just his way to introduce to evey ordinary people about his meta projects. Well, let's see if this one will be implemented and let's see how ordinary people will going to accept it.
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March 21, 2022, 11:22:12 AM
 #43

It's interesting because he's mentioned the possibility of actually minting the NFTs, which is quite different to what twitter is supporting right now which is simply a verified status of the NFT holders.

I think that this could be a great move, although obviously the reputation of Meta is not the best.

Web2 companies are now desperately trying to move towards Web3 as fast as they can, because they understand that being slow will leave them behind and hit their future growth prospects HARD.

Smiley
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March 27, 2022, 12:11:12 AM
 #44

It's interesting because he's mentioned the possibility of actually minting the NFTs, which is quite different to what twitter is supporting right now which is simply a verified status of the NFT holders.

I think that this could be a great move, although obviously the reputation of Meta is not the best.

Web2 companies are now desperately trying to move towards Web3 as fast as they can, because they understand that being slow will leave them behind and hit their future growth prospects HARD.
Well, the truth is that I don't see that everything related to NFT will be possible soon on Instagram, not at least until everything related to NFT is launched, if this happens, it is likely that it will, just for the simple reason that NFTs do not have very good reputation for everything that happened in 2021, however NFTs have been getting ahead thanks to platforms in casinos like Rollbit that have made them believe in NFT again, but of course it is different because all the responsibility that arises is assumed by the platform, and this is something else, because trust increases and since they have a high reputation in the forum, customers believe in them much more. But for now it is very difficult for us to see NFT on Instagram, at least that is my perception.


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March 27, 2022, 01:00:20 AM
 #45

It's interesting because he's mentioned the possibility of actually minting the NFTs, which is quite different to what twitter is supporting right now which is simply a verified status of the NFT holders.

I think that this could be a great move, although obviously the reputation of Meta is not the best.

Web2 companies are now desperately trying to move towards Web3 as fast as they can, because they understand that being slow will leave them behind and hit their future growth prospects HARD.
Well, the truth is that I don't see that everything related to NFT will be possible soon on Instagram, not at least until everything related to NFT is launched, if this happens, it is likely that it will, just for the simple reason that NFTs do not have very good reputation for everything that happened in 2021, however NFTs have been getting ahead thanks to platforms in casinos like Rollbit that have made them believe in NFT again, but of course it is different because all the responsibility that arises is assumed by the platform, and this is something else, because trust increases and since they have a high reputation in the forum, customers believe in them much more. But for now it is very difficult for us to see NFT on Instagram, at least that is my perception.


I'm sure it's still too far. what will be the goal of Instagram with NFT? become a marketplace? wouldn't that be a shift from social media to an NFT trading marketplace? if possible. it could just be a trash can holding the NFT of anyone who freely creates and uploads it.

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March 27, 2022, 02:35:54 AM
 #46

I'm sure it's still too far. what will be the goal of Instagram with NFT? become a marketplace? wouldn't that be a shift from social media to an NFT trading marketplace? if possible. it could just be a trash can holding the NFT of anyone who freely creates and uploads it.
For me this is new news for Instagram because basically I also don't think that Instagram will put itself into NFT at this time because there are so many people who use Instagram for all purposes and it also makes Instagram more popular without having to venture into like NFT.

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March 27, 2022, 02:43:04 AM
 #47

It's interesting because he's mentioned the possibility of actually minting the NFTs, which is quite different to what twitter is supporting right now which is simply a verified status of the NFT holders.

I think that this could be a great move, although obviously the reputation of Meta is not the best.

Web2 companies are now desperately trying to move towards Web3 as fast as they can, because they understand that being slow will leave them behind and hit their future growth prospects HARD.
Well, the truth is that I don't see that everything related to NFT will be possible soon on Instagram, not at least until everything related to NFT is launched, if this happens, it is likely that it will, just for the simple reason that NFTs do not have very good reputation for everything that happened in 2021, however NFTs have been getting ahead thanks to platforms in casinos like Rollbit that have made them believe in NFT again, but of course it is different because all the responsibility that arises is assumed by the platform, and this is something else, because trust increases and since they have a high reputation in the forum, customers believe in them much more. But for now it is very difficult for us to see NFT on Instagram, at least that is my perception.


I'm sure it's still too far. what will be the goal of Instagram with NFT? become a marketplace? wouldn't that be a shift from social media to an NFT trading marketplace? if possible. it could just be a trash can holding the NFT of anyone who freely creates and uploads it.

Yeah I don't think that's possible either
Instagram is indeed a popular medium and is used by many people but recognizing them on NFT through Instagram media I think it's just a waste of time because other NFTs will be born that imitate this NFT just to get their benefit and spam will occur because they create and upload it  freely and publicly.
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March 27, 2022, 03:04:37 AM
 #48

Yeah I don't think that's possible either
Instagram is indeed a popular medium and is used by many people but recognizing them on NFT through Instagram media I think it's just a waste of time because other NFTs will be born that imitate this NFT just to get their benefit and spam will occur because they create and upload it  freely and publicly.
Let's see if this can actually happen to Instagram, because so far NFT has started a lot of uncontrolled spam so that it can pollute the good name of Instagram which is also very popular even though it is not in the crypto space.
And in general I'm also not very fond of NFT at this point although I still use Instagram a lot on a daily basis.

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March 27, 2022, 04:10:39 AM
 #49

If I'm not mistaken there were press releases from Meta, Facebook, and Instagram stating that they wanted to allow their users to buy and trade NFT there, after the news that the Bank of Russia wanted to ban crypto mining & trading https://prnt.sc/7h2qrhJY5uY6. My opinion is that this is awesome and will be available soon. This signifies that the golden period of NFT has begun, and the support of other parties like https://prnt.sc/Q1noNuVvfMua is also coming. The NFT world is still healthier, in my opinion, if the NFT moves independently depending on the fundamentals of each NFT.

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March 27, 2022, 05:37:56 AM
 #50

In a conversation at SXSW, Mark Zuckerberg announced that his company plans to introduce NFTs into Instagram in the “near term.” While the Meta CEO and founder didn’t offer a ton of detail, he characterized the integration of non-fungible tokens into the company’s photo and video sharing app as something on the way once the Instagram team works out some of the technical challenges.

Actually Meta wants you to mint in the metaverse.
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