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Author Topic: Will NFTs be available on Instagram soon?  (Read 321 times)
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March 16, 2022, 07:36:48 AM
 #1

“We’re working on bringing NFTs to Instagram in the near term," Meta (FB) CEO Mark Zuckerberg said at a panel at Austin’s South by Southwest Festival on Tuesday, according to a tweet from Engadget Senior Editor Karissa Bell. Zuckerberg added, however, that “I’m not ready to kind of announce exactly what that’s going to be today.”

(Source: CoinDesk.com)


Writer of The Verge’s Platformer newsletter, Casey Newton also tweeted that Zuckerberg "hopefully" in the coming months, Instagram users will have a new platform for minting NFTs. Even though Meta did not immediately respond to a request for more information, we can see a sign of their supporting NFTs for NFTs to step into the metaverse.

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March 16, 2022, 09:36:18 AM
 #2

NFT's are just so popular that I am starting to see them and hear about them in places you would least be expected.  The people who are using social medias like Instagram are now talking about a block chain which just is outstanding to me.  Never I thought this could happen.
Yes NFT's will be available on instagram and other social medias also.

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March 16, 2022, 09:51:16 AM
 #3

NFT can be made available on Instagram, meta recently made a huge investment in NFT and the metaverse development which will help generate more traffic and revenue to the content posting social media and the same will be introduced into Facebook too since Instagram and Facebook are owned by the same company.

NFT is the most popular and thriving project at the moment and any company that will want to remain relevant in the industry must connect to the network because a lot of new features are being exploited through NTF metaverse to bring home quality digital content.
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March 16, 2022, 08:47:46 PM
 #4

Meta embracing NFTs is expected. The Metaverse motives and Twitter already have been implemented NFT should poke Meta about their next move. And here we are, seeing it will be available soon. Even though I don't know exactly how their NFT mints platform gonna works--wether they implemented it themselves or outsourced it to another NFT marketplace, it will be interesting to see.
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March 16, 2022, 10:35:55 PM
 #5

Anything that already said by mark zuckerberg and im sure that will be going to happen soon. As the owner and instagram will be adding NFT feature soon. Im sure that if this will come very soon. This is interesting to see how it will be working.
This is a sense thing to happen with instagram. The NFT feature will be making anyone would be able to convert their photos into the NFT instantly i meant minted their photos to be converted into the NFT. 'We know that if instagram was a very big social media this time. I will not doubt if this is not another BS from mark. He was also feeling interesting with NFT

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March 16, 2022, 10:47:09 PM
 #6

I think I've read it from Mark himself that he should have not announced it but gave some hint that they're really working on it. Well, a nice developing feature that would make everyone use instagram.
I don't use instagram and maybe that will make me use it in the future after observing those who are making a good run with making their NFTs through the platform. Who knows? but this is an interesting feature to wait for.



 

 

 

 

 

 


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March 16, 2022, 10:50:07 PM
 #7

Meta embracing NFTs is expected. The Metaverse motives and Twitter already have been implemented NFT should poke Meta about their next move. And here we are, seeing it will be available soon. Even though I don't know exactly how their NFT mints platform gonna works--wether they implemented it themselves or outsourced it to another NFT marketplace, it will be interesting to see.
For now we do just speculate if they would implement out for themselves but i do have a doubt that it would be tagged up into another nft marketplace but lets see if they would really be doing something different.

Just like on what you had mentioned is that they are really tending to take grasps on everything which it isnt surprising that when it comes to new trend and applications then these companies

wouldnt really be letting themselves to be left behind specially recognition and popularity is really rising day by day.

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March 16, 2022, 10:55:37 PM
 #8

I think I've read it from Mark himself that he should have not announced it but gave some hint that they're really working on it. Well, a nice developing feature that would make everyone use instagram.
I don't use instagram and maybe that will make me use it in the future after observing those who are making a good run with making their NFTs through the platform. Who knows? but this is an interesting feature to wait for.
pretty good news....Mark must have realized that NFT still has a large market to dominate, besides that NFT can make Instagram more attractive and maybe it can bring crypto adoption closer.  if want to start it then mark must sell NFT which is circulated soon on Instagram at a low price. 

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March 16, 2022, 11:05:11 PM
 #9

I think I've read it from Mark himself that he should have not announced it but gave some hint that they're really working on it. Well, a nice developing feature that would make everyone use instagram.
I don't use instagram and maybe that will make me use it in the future after observing those who are making a good run with making their NFTs through the platform. Who knows? but this is an interesting feature to wait for.
pretty good news....Mark must have realized that NFT still has a large market to dominate, besides that NFT can make Instagram more attractive and maybe it can bring crypto adoption closer.  if want to start it then mark must sell NFT which is circulated soon on Instagram at a low price.  

The Instagram users are roughly 1B, which is actually big. With the exploration of NFTs via instagram, it will be a hit. Another source of income for Zuck. If they will do this right, this will be another hype coming very soon in instagram. So let's see if Zuck failed to launch Libra, we will see how far he can achieve NFTs via instagram platform.
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March 16, 2022, 11:30:44 PM
 #10

that's good news. We do know that how popular instagram and im sure once the NFT feature will be available and this will be making so many influencers will be trying to use it and this will be massively promoting NFT to the ordinary people and i hope more people will come to the crypto caused by the popularity of NFTs.
I just wanna know about the progress of meta. The user base of this social media is so big as big as twitter.

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March 16, 2022, 11:59:25 PM
 #11

That's good news since these social media that are owned by Zuckerberg have good traffic was good to spread the NFTs projects which are people and also easy to spread the digital art.  This was already attempted to launch in 2019 but it was not that successful they are, this was the second attempt at Meta to push metaverse development related.

We hope that there's a good development these two big companies regarding this announcement since they had the same owner who looks forward to these NFTs continuing spreading on their platform.

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March 17, 2022, 12:35:33 AM
 #12

NFTs on centralized platform. At least they will help spread the word and more people will know about NFTs. This is probably going to be the part of the facebook Metaverse. But haven't been hearing much about the metaverse, other than lots of criticism.
Wondering is it going to be like a market place where users can buy the NFT version of the users posts? Based on how they failed on the past making their own coin Libra, let's see how well this one goes.

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March 17, 2022, 01:43:22 AM
 #13

But what is the point of it? How those NFTs will get value and on what blockchain they will run? Guess it will be on their own with zero demand and unlimited supply. Grin

Or facebook is going to launch their own marketplace platform where they are going to act as middle person like ebay?

Too much of questions!

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yazher
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March 17, 2022, 04:05:56 AM
 #14

Meta embracing NFTs is expected. The Metaverse motives and Twitter already have been implemented NFT should poke Meta about their next move. And here we are, seeing it will be available soon. Even though I don't know exactly how their NFT mints platform gonna works--wether they implemented it themselves or outsourced it to another NFT marketplace, it will be interesting to see.

They just don't want to be left behind because if they do so, they will lose some profit due to their late action with the current NFT trends. We will see them one after another putting some NFT items on their social media platform and it will be a good thing for the metaverse as well since it is being recognized across the social media which is the best thing you could ask for if you own some expensive NFT because it would further increase its price once everyone is talking about NFTs.

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March 17, 2022, 04:28:28 AM
 #15

Could be especially it was said by Mark. We all knew that he is a tech genius and a big fish out there. Probably they are gonna make a solid entrance on metaverse and nft industry. But Im also sure this will escalate criticism towards him. Mark has a lot of haters and we can be sure that this will be a long time debate either on authority and government.

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March 17, 2022, 04:41:50 AM
 #16

Maybe they are all set that's why he could boast it that loud and not just give us hints of what they are working with.
The only question left is when they will release it. Perhaps what they should do now is make a step by step mechanics like what most NFT projects do.
Beta versions so that users who don't even have a single idea about it can join in.
I like what he is doing but it could lead to something bad if done wrong, it's better to prepare everyone who uses the application first.

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March 17, 2022, 06:25:32 AM
 #17

Mark Zuckerberg created the idea for Metaverse and should therefore support it. We can see a news about Instagram and NFT. Some people may not believe in NFTs, but the idea can come as a surprise  Undecided

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March 17, 2022, 09:35:01 AM
 #18

I think I've read it from Mark himself that he should have not announced it but gave some hint that they're really working on it. Well, a nice developing feature that would make everyone use instagram.
I don't use instagram and maybe that will make me use it in the future after observing those who are making a good run with making their NFTs through the platform. Who knows? but this is an interesting feature to wait for.
pretty good news....Mark must have realized that NFT still has a large market to dominate, besides that NFT can make Instagram more attractive and maybe it can bring crypto adoption closer.  if want to start it then mark must sell NFT which is circulated soon on Instagram at a low price. 
AFAIK, he's aware of bitcoin and cryptocurrencies since a few years ago but he didn't shown it to the public. As a matter of fact, IIRC the name of his pet was bitcoin or close to that.
I guess that he just seen the disruption of NFT in technology and that's where he's going to focus more rather than with the application and adoption of cryptocurrencies on the platforms that he owns.



 

 

 

 

 

 


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March 17, 2022, 09:46:09 AM
 #19

Why not? Instagram is one of the biggest social media right now and with the current hype of NFT still very high, then it's just a matter of time before they to ride on the bandwagon of NFT.

And if this happens, then it's going to be huge for the market again, when we thought that the NFT is slowing down, this news might bring it to the eyes of investors and crypto enthusiast again.

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March 17, 2022, 10:04:21 AM
 #20

They're hiring people for the Metaverse Division, job posted 23h ago: https://www.linkedin.com/jobs/view/2968782172/
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