Quote from: avikz on Today at 03:46:26 PM

Quote from: Myntist.official on May 10, 2022, 08:53:32 PM

Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.

Well! If that happens, I can foresee celebrities and known personalities making shitload of money out of it. And I also foresee that the commoners like us eating bananas in long term. NFT is a failure if that can't create an aspirational value. Aspirational value can be created through endorsements so the celebrities are going to win big here while we are going to pay for it. Nothing exciting really! Just the monies will be changing hands.

i am seeing that popular personalities will indeed benefit on this. because some of their fans will buy even if they are not very knowledgeable about the NFT market. let's see how will this pan out in instagram. they have tons of users already, so it won't be very hard for them to implement whatever they want to do in this market. for buyers, make sure you are at least buying a worthwhile item, that you can see years down the road that it may still fetch a price in the market.