What impact will incorporating NFTs into Instagram have?
What impact will incorporating NFTs into Instagram have?
Steve Mitobe, CEO and Founder of WestCoastNFT, spoke to FinTech magazine about the NFT industry and how it is expanding into social media platforms
Instagram’s digital collectibles experience. NFT’s can be displayed on IG
Overview of Instagram’s NFT Update & How to Get The NEW Features
Instagram just released a brand new update which allows users to showcase and post their NFTs on the Instagram feed. This comes shortly after Twitters NFT integration. The update is slowly rolling it out and in todays video I’ll show you how to get it faster.
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All of my content, including but not limited to my cryptocurrency videos, streams, investments, stocks, strategies, news coverage, and top NFTs videos are for entertainment purposes only, reflect only my personal views, ideas, and opinions, and should not be construed as personal investment advice. While the information is believed to be accurate, it may include errors, inaccuracies, or omissions. No representations or warranties are made in connection therewith and you should never take any of this information as guidance for buying or selling any type of investment. Nothing herein or therein shall be construed to be financial, legal, or tax advice. Purchasing cryptocurrencies, NFTs, or stocks can be highly speculative and pose considerable risk of loss of your entire investment. You should always conduct your own due diligence and seek the advice and/or counsel of qualified and licensed professionals and advisors. I will not and cannot be held liable for any actions you take as a result of viewing and/or reading any of my content and/or any losses in connection therewith.
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NFTs On Instagram | What You Need To Know NOW!
Instagram has announced that you can connect your digital wallet to the platform to display your NFTs on your account. They will not reveal your wallet address but will tag both the creator and owner of NTF and add a shimmer effect when displayed on the platform. Here’s what you need to know!
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NFTs are coming to Instagram. And I hate it.
Several weeks ago now the head of Instagram, Adam Mosseri announced that Instagram would be introducing NFTs to the platform as a way for creators to monetize their audience. I think this is the worst new feature Instagram has introduced in, pretty much the history of the platform, and I’m afraid that if it eventually becomes widely used, a lot of people are going to lose a lot of money. Let me explain why.
TABLE OF CONTENTS
00:00 Instagram is introducing NFTs. And I hate it.
00:27 What the frick is an NFT?
01:05 okay, and what is the block chain?
02:19 if this doesn’t make sense, don’t stress ✋
03:03 Cryptocurrency and NFTs are bad for the climate
05:07 Cryptocurrency and NFTs are a pyramid scheme
08:47 And therefore, NFTs are a scam (and they shouldn’t be on Instagram)
Wired article about French Artist’s NFT emissions https://www.wired.com/story/nfts-hot-effect-earth-climate/
Memo Atken’s study into the average emissions of NFT sales: https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053
Learn more about NFTs (in way more detail than I could ever provide:) https://www.youtube.com/watch?v=YQ_xWvX1n9g
Another great resource for learning more about NFTs and crypto: https://antsstyle.medium.com/a-response-to-jisus-article-e25e907dd3ed
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