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
G8: Salmon, Otaku
Good day! I'm G8: Salmon, Otaku. I believe that one day cats will rule this planet. I put marmite on everything. Like, everything: hot dogs, hamburgers—everything! We can be friends, but keep the ultra purrsonal stuff to yourself, please.
TPunk 3442
By A1F6BF
Mars House
Mars House is the first NFT digital house in the world. Upon purchase of Mars House NFT, 3D files will be sent to the new owner by Krista Kim Studio Inc. for file upload to the owner’s Metaverse. Technical support for Mars House integration on Metaverse is provided. (Architectural Digest, March 14, 2021) “Kim ventured into NFTs while exploring meditative design during quarantine; her hope was to use the influx of digital life as an opportunity to promote wellbeing. Comprised entirely of light, the visual effects of her crypto-home are meant to omit a zen, healing atmosphere. The artist also partnered with musician Jeff Schroeder of The Smashing Pumpkins to create a calming musical accompaniment. So what makes the file a compelling purchase? Beyond the promise of buying into the lucrative NFT market, the home and all of the furniture in it can be built in real life by glass furniture-makers in Italy, as well as through MicroLED screen technology. Kim also has a strong visions the art being projected, as well. “Everyone should install an LED wall in their house for NFT art.” says the artist. “ This is the future, and Mars House demonstrates the beauty of that possibility.” The owner is in agreement to the following terms and conditions upon purchase of Mars House (hereby referred to as Mars House NFT): The collector agrees to own one copy of Mars House NFT on a single Metaverse platform. The collector is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio Inc. will provide technical support to upload and integrate Mars House NFT on a Metaverse platform. If/when Mars House is resold, the collector is required to delete all Mars House NFT 3D file(s) from his/her Metaverse, and provide verification of deletion to Krista Kim Studio Inc. before new 3D files are transferred to the new owner by the artist. The new owner is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio will send Mars House NFT 3D files directly to the new owner and provide support for Metaverse integration. This verified ownership transfer system will be appointed to Krista Kim Studio Inc. trusteeship, after 40 years of the date of the sale. Krista Kim Studio Inc. retains ownership of Mars House NFT copyright. All rights reserved. All reproductions of Mars House (NFT) in both digital and physical formats, are restricted. Mars House NFT physical furniture pieces, made of tempered printed glass in Italy, may be commissioned by the collector as NFT physical pieces.
The River Plate Machine
Digital illustration for the cover of These Football Times magazine in its issue dedicated to the Argentine football team "Club Atlético River Plate". Original from 2020. For this cover I have created a complex machine that links all the generations and legends of the club with its great shield and emblem crowning the center as the heart of the fantasy machinery. Full of details and ornaments this is a highly detailed work. An authentic trip to the history of River through the imagination and the colors of the club. The most significant titles of the club are also included, such as the Libertadores Cup, the famous Intercontinental and the new Super Liga and the Argentine Cup in its newest cup design. If you see a hen, don't be surprised, it is the nickname that its fans give themselves, and they like it. ----- https://javierarres.com/about.html
OriginalplanÂź - Series 1 - Raw Cut Diamond Be@rbrick
The Be@rbrick series is a project around creating unique Be@rbrick designs. Originally it started as a daily project so each design was created on a daily basis. The concept and idea is based on the subcultural phenomenon of collectibles and designer toys. Raw Cut Be@rbrick is made of several hundreds of diamonds and is only availabe as a 1/1 limited edition collectible. Format : 3D Render. File: JPG * size: 5120 × 2880px After purchase a hand signed Glichē print will be sent to the address of your choosing. Limited to: 1/1 digital pieces.