16/03/2022 NFTs will be on Instagram soon, according to Mark Zuckerberg

He provided some details, but didn’t talk specific features.Illustration by Alex Castro / The Verge

Mark Zuckerberg said that Meta would add NFTs to Instagram,according toEngadgetandThe Daily Beast. While he didn't describe exactly what that would look like, he saidduring a session at South By Southwestthat "over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment."

There have been rumblings that this was coming. Last year, Instagram lead Adam Mosserisaidthe team was "actively exploring NFTs" but didn't have any actual announcements. In January, weheard a reportthat teams at Facebook and Instagram were working on NFT integrations. The report mentioned that there was progress on features to let you use an NFT as a profile and mint NFTs on the platform and discussions around creating a marketplace.

Instagram’s NFT integration could be relatively limited at first

Those first two features gel well with what Zuckerberg mentioned onstage, but it's still not exactly clear what minting an NFT on Instagram would mean. Could you sell a popular post as an NFT, perhaps? Or mint NFTs that act as passes to let people see specific stories? Meta isn't saying yet, though it does seem that minting capabilities won't be coming until further down the line. The idea for a marketplace seems like it could be even further off, as it seemingly didn't get a direct reference from Zuckerberg, though themassive valuation of sites like OpenSealikely makes it a tempting business venture.

Of course, there's also a metaverse angle here as well. Zuckerberg reportedly talked about minting your avatar's clothing as an NFT and taking "it between your different places." Zuckerberg hastalked about NFTs and the metaverse before, saying that he could see them as part of the digital world's governance. Now, it seems like he's thinking about them as digital objects, somethingbrought up by Meta before.

He did note on Tuesday that "a bunch of technical things that need to get worked out before that'll really be seamless to happen." For one, Meta would have to make sure the objects integrated well on different platforms, whichisn't particularly easy. It'd also have to, you know, actually,build a metaversefor that to happen in (which does seem like a small technical hurdle).

Instagram won't be the first major social network with an NFT integration. Earlier this year, Twitterintroduced a featurethat let some users set an NFT they own as their profile picture. They then show up as hexagons, and anyone interested can click through to see the NFT's metadata. Given how often TikTok featuresend up with a near carbon-copy on Instagram, it wouldn't be surprising to see Meta's photo-sharing (er,"entertainment") app do something similar.

Arts

https://www.theverge.com/2022/3/15/22979926/instagram-nfts-meta-zuckerberg-sxsw-metaverse

Interesting NFTs
CryptoPunk #2338
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.
The New York Times x NFT
A digital original of Kevin Roose's New York Times column, "Buy This Column on the Blockchain!" Published 3/24/21.
Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.
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By OthersideDeployer
⚡️Gregory Greentail⚡️
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