04/11/2022 Instagram Users Will Soon Be Able to Mint and Sell NFTs

Instagram said that starting this week it will begin allowing a select group of digital creators to mint and sell non-fungible tokens (NFT) directly from the social media platform.

The image-focused apprecently launched its Digital Collectibles featurein 100 countries, allowing users to connect to their digital wallets and showcase NFTs that they either created or bought. The connected NFTs can be shown in your feed and include a shimmery effect to indicate authenticity.

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The latest update will allow creators to make their own digital collectibles and sell them both on and off Instagram, giving them an "end-to-end toolkit" for creating, displaying and selling NFTs. It will initially launch on thePolygon blockchainand will be tested among a small group of creators in the U.S., includingAmber Vittoria,Refik Anadol,Jason Seife,Dave Krugmanand several others.

“This move represents a remarkable milestone in the evolution of Instagram’s existing NFT functionality and a natural next step to bring Web3 to the mainstream,” said Polygon co-founder Sandeep Nailwal.

Instagram will also allow video-based digital collectibles to be shown on its platform and will add support for the Solana blockchain and Phantom wallet. Prior to this, the platform supportedEthereum, Polygon and Flow blockchains, as well as connections to third-party wallets including Rainbow,MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet.

Meta noted that it will not charge fees for displaying and sharing a digital collectible on Instagram or Facebook and it will not charge any additional fees for selling digital collectibles until at least 2024. It added, however, that "digital collectible purchases made within the Instagram app on the Android and iOS operating systems are subject to applicable app store fees."

In addition, it pledged that neither creators nor collectors will need to paygas feesfor digital collectibles bought on Instagram at launch.

In a step-by-step video of the new feature viewed by CoinDesk, it appears that NFT creators will also be able to choose their royalty percentage between 5% to 25%. Creators can then link their bank account or PayPal account to get paid.

Arts

https://www.coindesk.com/web3/2022/11/02/instagram-users-will-soon-be-able-to-mint-and-sell-nfts/?outputType=amp

Interesting NFTs
Not Forgotten, But Gone
Not Forgotten, But Gone by WhIsBe
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.
The Scion
A young figure caught in a moment of distraction, aware only ephemerally of his unconscious being, as it engages in psychological and psychedelic layer spaces. His right arm casually cradles a moray eel; the figure is comfortable but not truly aware of the potentials for danger in such negligence. His shirt reads “Bello” in Pokemon style font, harkening back to a childhood straddling the millennial threshold. To his right side, out of the unconscious deep, shrouded alien heads propagate as a fractal totem, each new iteration a more sophisticated rendering of emotional masking over the cold mystery of the greys. As the scion of the Budgie-Sattva, the young man, in his distraction, is also simultaneously aware of higher levels of self discovery. To his left a psychological topology sets beneath the oracle side of an 8 ball ,hovering; its message a purest concept of acceptance. The “Scion” lettering is in 80’s HeMan style bold declaration. The lower right side of the painting is like a hybrid of melon, feathers, and seeds. The crystals in the background bring light; conducted, refracted, reflected, and dispersed, to balance the dark shadow of the figure’s physical body. The aura of the scion succeeds in layers to point, with a finger, and the crown chakra, toward a center of a mandala existing as nigh pure application of strokes, in essence painterly abstraction, but also revealing hints of the Aura of migraine, and the bi-hemispherical nature of the brain–noting concerns of the possibility of inherited mental disease. Yet the flourish of chakra as it sets against that center is robust, active, coherent, and reveling against all fear. Fundamentally, the piece speaks to the activation of one’s potential to begin to “Know Thyself”, and find greater awareness out of the enigmas of the mind–as an inculcated seed given to the rich soil of one’s own birthright.
Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji
Katsushika Hokusai (1760-1849) Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji 1833 - Japan
G3 Dali
Ugh! I'm G3 Dali. I enjoy picking flowers, fighting the patriarchy, and shakin' dat booty. In my free time, I can usually be found ridiculous or pole dancing. I like your face.