21/01/2022 Facebook, Instagram NFT sales may be coming

(NEXSTAR) — Meta, the technology parent company of Facebook and Instagram, may be entering the crypto marketplace soon — by enabling users to create, sell and buy original non-fungible tokens, or NFTs.

The Financial Timesreports that while plans are “at an early stage,” both social media platforms are preparing a feature that allows users to select existing NFTs as their profile pictures, in addition to letting user mint their own new tokens.

A marketplace within the platforms to sell and purchase NFTs is also under consideration, FT’s sources said.

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Other social media platforms have already begun:Reddit began hiringfor its planned NFT platform back in October, while Twitter’s reportedly tinkering with its new “Collectibles” section, which lets users display their non-fungible items.

You may be wondering: What’s an NFT?

Non-fungible tokens can be difficult to grasp but are essentially just one-of-a-kind digital pieces of content. These pieces are different than cryptocurrencies like bitcoin and ethereum because those pieces can be traded for ones of the same value,CNN Businessexplains. Trading bitcoin and ethereum is like trading an apple for another apple, but with NFTs, there’s only one apple available to trade among a bowl of oranges.

NFTs have flourished in the online art scene, with many artists finding avenues to create scarcity (NFTs come with certificates of authenticity) in a marketplace where images can be endlessly reproduced. These digital items can be in several forms, like GIFs and JPGs.

In October, auction companySotheby’s,which specializes in artwork and other high-priced collectibles, launched Metaverse, its NFT-only marketplace.

Close up of hands painting digitally on a tablet creating NFT non-fungible token marketplace (Getty Images)Close up of hands painting digitally on a tablet creating NFT non-fungible token marketplace (Getty Images)

Earlier this month, retail giant Walmart filed trademarks suggesting it may begin customer sales and purchases of NFTs. Some high-profile celebrities have also entered the game, including former First Lady Melania Trump and Tampa Bay Buccaneers quarterback Tom Brady. Brady’s Autograph NFT platform recently raised $170 million for its athlete-centric showcase.

Currently, NFTs are mostly purchased on the OpenSea and Binance marketplaces.

Despite a boom in popularity, NFTs and cryptocurrency in general have generated criticism over the amount of energy they consume.

Arts

https://fox40.com/news/national-and-world-news/facebook-instagram-nft-sales-may-be-coming/

Interesting NFTs
Rare Thanos PNG
For Stickers...
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By OthersideDeployer
The Moth Catcher
In this psychologically bed-headed portrait, a creature sets in a trance; his eyes devolved and vestigal, his third eye open but hardened and in a form resembling a Sharingan. The imagery therefore expresses an awareness existing in corporeal introspection. The creature’s mind sprouts, on the left side, an emerging face, grinning. To the right side of the head, red tentacles and fingers intertwine–a collaboration of invertebrate and vertebrate consciousness cooperatively handling paint brushes of the sort used to build an oil painting. The neck and throat bristle with random thorns, as from a rose or the upper portions of a beak sprouting from its flesh. The neck itself disassociates into layers of membranous material, terminating upon an abstracted base of convoluted forms composing its body. The nose is virtually non existent, more a sinus reiterative of the shape of the third eye. Set against the exposed teeth peering out of thick, meaty cheeks, a skeleton-like impression results. That impression sets behind a visceral set of lips and tongue, which is the creature’s prime seat of awareness. Sensual, organic, the tongue organ hangs, meaty, and with consciousness of a sea cucumber. It illuminates at the tip, drawing the attraction of a nearby moth–with mystery of purpose.
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great JosĂ© Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?
⚡ Dali Devils Horns ⚡
Mahalo! I'm ⚡ Dali Devils Horns ⚡. I enjoy fighting the patriarchy, eating lasagna, and sweating through my feet. When my owner isn't watching, I steal their clutches and use them for litter paper. I'm not sorry. Can't wait to eat chocolate with you!