NFTs have a brighter future on Instagram than on Twitter

Australia News News

NFTs have a brighter future on Instagram than on Twitter
Australia Latest News,Australia Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Instagram's NFT plans are operating in the same patient manner that allowed Facebook to overcome its early competitors.

, and many NFT enthusiasts are naturally starting to deliberate which one will come out on top as the go-to social media platform for NFTs.

Instagram, on the other hand, can be characterized as a visual social media platform that is mainly used for sharing photos and videos and is more focused on personal expression and creative self-presentation.

With Twitter having recently come under the ownership and leadership of Elon Musk, there have been worrying developments that may further impact the suitability of the social media platform for being a go-to hub for NFTs. So, while Twitter is undergoing a lot of chaos, Instagram has released a comprehensive NFT roadmap, which includes rolling out NFT integration in over 100 countries and the launch of an NFT marketplace, which is being trialed in a systematic manner with notable creators, such as Amber Vittoria, Dave Krugman, Refik Anadol and others.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nifty News: 'Degen' season returns with feet NFTs, disappointing Game of Thrones NFTs and moreNifty News: 'Degen' season returns with feet NFTs, disappointing Game of Thrones NFTs and moreThe NFT community is rocked by foot fetish digital art, Game of Thrones fanatics are thrown off by poorly designed avatars in its new NFT release and Yuga Labs is set to launch a new skills-based NFT game.
Read more »

Notice Regarding the Removal of NFT Collections on Binance NFT Marketplace (2023-01-12) | Binance SupportNotice Regarding the Removal of NFT Collections on Binance NFT Marketplace (2023-01-12) | Binance SupportFellow Binancians, At Binance NFT Marketplace , we periodically review listed NFT collections to ensure that it continues to meet the high level of standard we expect. If an NFT collection does n...
Read more »

Twitter cofounder isn't enjoying Twitter as much as he used to: reportTwitter cofounder Biz Stone isn't enjoying the platform as much as he used to and has been 'tinkering' with its rival Mastodon, report says
Read more »

Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters – Bitcoin NewsGame of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters – Bitcoin NewsSome people called the GoT NFTs 'poorly drawn' and others criticized the 'salad fingers' featured in the NFTs of Game of Thrones characters.
Read more »

5 Tips for Luxury Retail With NFTs and Metaverse5 Tips for Luxury Retail With NFTs and MetaverseWhile the initial frenzy may have slowed, brands have the opportunity to leverage NFTs to achieve business goals. Some luxury retailers have successfully used NFTs and metaverse campaigns given their strong brand recognition and the relatively high affinity of younger, affluent audiences for these new technologies.
Read more »



Render Time: 2025-02-27 19:29:03