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Author Topic: Will NFTs new era start with coming to social media is it bad or good?  (Read 176 times)
Myntist.official (OP)
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May 10, 2022, 08:53:32 PM
 #1

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.
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May 11, 2022, 03:42:07 AM
 #2

yeah but the result is still unknown and we can't sure whether the new era for the NFT will be starting from the implementation into the instagram or not. This is too early to draw a conclusion about that. I do believe if we can see a better thing to come soon. NFT is relatively new thing in the crypto and this needs more development. NFT may unfamiliar and that needs more time to make people aware about NFT. We know that instagram has so many users but i believe less than 10% which familiar with NFTS

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May 11, 2022, 04:54:09 AM
 #3

Just wait how far NFT can grow after being implemented on Instagram.  NFT is increasing with various new innovations, the last one will be integrating NFT into social media platforms. NFT still needs a lot of development because it is still very new in crypto, investor interest is starting to be seen in NFT with the various innovations it offers. Social media is a great market to get more followers, because its users cover the whole world.

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May 11, 2022, 05:40:32 AM
 #4

That is a good news for people who own NFT as they are now going to use their NFT even in just for social media. I see a lot of NFT but I am not sure what are the things you can do with it unlike some NFT that is gambling related where you can constantly earn passive income by just holding their NFT.

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May 11, 2022, 06:20:45 AM
 #5

If the result from the test would be good and im sure if the new era for NFT will be started but when the result is not the same like what already expected and im sure that if the future of NFT will be so bad. Meta has so many things to be done and NFT is also the one from these things. I hope that good result will be achieved and the test will be going smoothly. We know how big instagram is and mostly of my friends active in the instagram.

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May 11, 2022, 12:04:15 PM
 #6

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

Yes,,, I saw the news all go big for it but even this somehow failed to move NFT markets. It is a funny world indeed when we are celebrating Facebook boss who clearly is not interested in our benefit but his own,,, first he spies on us, then he sells our data. What do you think NFT and metaverse under Meta creation will do for us? Get us more hooked and fed to his brain machine.

No thank you Smiley

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May 11, 2022, 02:52:24 PM
 #7

NFT space has just only begun, you can consider this stage as the early phase, the technology is just at the early part, right now most nft projects are mostly laying the groundwork for future development. What is important is investing in the right projects even if it takes time to develop, it is better than the quick money grab that is available in the market.
 Don't forget the whole crypto space is considered very young so imagine where digital and virtual reality will be in the next couple of years.

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May 11, 2022, 03:04:15 PM
 #8

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

Most importantly, according to CoinDesk, the platform will not charge users any fees for hosting and exchanging NFTs. A limited group of US users will take part in the pilot project. Perhaps with a full launch, we will see a new bullish rally in the entire cryptocurrency market. This is definitely positive news.
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May 11, 2022, 03:39:50 PM
 #9

what ever already done by meta right now and it seems to be a useless effort for crypto, i meant it will not have any impact to the price. I do believe when you are watching the market and you will be seeing that if the bearish market has become the main problem. NFT hype is actually depend with the market trend and so even with this big news and im sure that the position of NFT will remain the same. I just wanna know how many actual users on social media will be actively using this NFT feature.
Whether the influencers with big followers will try to take the advantage or not.

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May 11, 2022, 03:46:26 PM
 #10

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

Well! If that happens, I can foresee celebrities and known personalities making shitload of money out of it. And I also foresee that the commoners like us eating bananas in long term. NFT is a failure if that can't create an aspirational value. Aspirational value can be created through endorsements so the celebrities are going to win big here while we are going to pay for it. Nothing exciting really! Just the monies will be changing hands.

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May 11, 2022, 03:51:15 PM
 #11

Mark Zuckerberg? Nah that man isn't the one id follow in this crypto space time mate, he haven't did anything right about crypto at all and I am sure that Meta won't be great either, I will go for someone thats more into crypto than Mark and thats Elon Musk, I think Twitter will be better than Facebook soon.

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May 11, 2022, 03:58:35 PM
 #12

If it was implemented on Instagram, I think it would change Instagram and maybe change it entirely.
Maybe it's just planned and discussed with the whole team because NFT itself is still in the development stage so it will still take time to see it applied to Instagram.
But maybe it will get interesting later and I can't imagine what Instagram will be like yet.
Hopefully the results will be good and bring Instagram to something even better.

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May 11, 2022, 04:57:42 PM
 #13

The average reception from normal people especially on social media sites like Twitter about NFT isn't good, I can tell you that. Think of it as you talk about rocket science to a bunch of farmers that only know about crop rotations and water management. This isn't taking in account NFTs also not really being liked even among cryptos knowers. So trying to bring NFT shills to social media is a bad thing, in my opinion.
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May 11, 2022, 11:02:44 PM
 #14

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

It is great news because it means that the NFT has great potential. I am taking part in some interesting NFT projects and I am sure that they will succeed. I heard about one NFT interesting project "reptile chronicles" a few days ago. The Devs are making an amazing p2e game, where members can receive excellent profit.
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May 11, 2022, 11:13:06 PM
 #15

I think the involvement of a huge social media platform can somehow boost the NFT market but I do not think that it will relive the previous hype on the market.  It is a good thing that FB will include NFTs, this will give an artist another means of promoting their works.

The average reception from normal people especially on social media sites like Twitter about NFT isn't good, I can tell you that. Think of it as you talk about rocket science to a bunch of farmers that only know about crop rotations and water management. This isn't taking in account NFTs also not really being liked even among cryptos knowers. So trying to bring NFT shills to social media is a bad thing, in my opinion.

Luckily not all social media users are farmers Tongue.


Well! If that happens, I can foresee celebrities and known personalities making shitload of money out of it.
 And I also foresee that the commoners like us eating bananas in long term. NFT is a failure if that can't create an aspirational value. Aspirational value can be created through endorsements so the celebrities are going to win big here while we are going to pay for it. Nothing exciting really! Just the monies will be changing hands.

I highly agree, and I look at this as positive because other users will be encouraged to showcase their skills.  This can also give them an opportunity to make money.

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May 11, 2022, 11:17:27 PM
 #16

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

Well! If that happens, I can foresee celebrities and known personalities making shitload of money out of it. And I also foresee that the commoners like us eating bananas in long term. NFT is a failure if that can't create an aspirational value. Aspirational value can be created through endorsements so the celebrities are going to win big here while we are going to pay for it. Nothing exciting really! Just the monies will be changing hands.

i am seeing that popular personalities will indeed benefit on this. because some of their fans will buy even if they are not very knowledgeable about the NFT market. let's see how will this pan out in instagram. they have tons of users already, so it won't be very hard for them to implement whatever they want to do in this market. for buyers, make sure you are at least buying a worthwhile item, that you can see years down the road that it may still fetch a price in the market.

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May 12, 2022, 04:55:07 AM
 #17

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.
Producing products with no actual use won't bring any good thing to the NFTs market, I still don't have the knowledge about why the NFT is going to be implemented into the social media but what we are going to do with it? Like we are going to sell them for money which is minted for free of cost?









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May 12, 2022, 09:39:14 PM
 #18

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

It is good news because it means that the NFT has great potential. I am taking part in some interesting NFT projects and I am sure that we will see new great projects, where we can get a good profit. I am following one amazing Blockchain-based NFT game "reptile chronicles" now. They have such a good community, people on their Discord server take part in roleplay and events. I am sure that this game will succeed.
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May 19, 2022, 03:14:22 AM
 #19

If the result from the test would be good and im sure if the new era for NFT will be started but when the result is not the same like what already expected and im sure that if the future of NFT will be so bad. Meta has so many things to be done and NFT is also the one from these things. I hope that good result will be achieved and the test will be going smoothly. We know how big instagram is and mostly of my friends active in the instagram.
good result will be achieved for sure, hype over nft is growing and older people start to understand how instagram works and what is nft, they don't believe that it will work but as we can see everyone know about cryptocurrency, so as I think its gonna be like in 2014 with bitcoin
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May 19, 2022, 05:51:55 AM
 #20

I can't wait to see this feature will be available on instagram as soon as possible. I know that this needs to be tested even more but i think that integrate the NFT into the biggest social media like instagram has become the best thing that i have ever heard,
with millions of active users and NFT will be known widely. This gonna be a big step for NFT. people will be feeling curious about nft and they will start to get more information about Nft. I hope that this will become a very good thing in the future for nft

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