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.

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
The Slabs
The Slabs - Prixel Art Animation "She looks tired and gone in thoughts. Her arm must have cost a fortune. Definitely Sisma Corp but I can't make out the exact model." - Simon Corley, 2084, New Harbor - Music by the amazing Brian Woods. Unlockables: - Endless Random Loop App. (PC/MAC) - HD VIDEO (approx. 2 mins) - Animated GIF - Wallpaper & Print Ready PDF Dimensions: Video [1920x1080] App [Adaptive] I will send a Download Link to the buyer after purchase.
COTTONCANDY!!
Shalom! I'm COTTONCANDY!!. I'm often referred to as the Jon Snow of the group. It's not common knowledge, but my ancestry connects me to Cleopatra. I like your face.
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Okay Bulls #1168
Okay Bulls is a clean collection of 10,000 bulls building a bullish community that will transcend the internet into the real world.
30K
Artist notes: the halving ceremony is the most unusual part of modern bitcoin production in which the owners bet on how efficiently an alpha can inseminate the market.