Discussion

• @mshannahmurphy Hannah Murphy on x

  SCOOP: Facebook has big NFT plans, per sources. So far, it's: - Internally testing a feature to allow users to showcase their NFTs on Instagram - Developing a prototype for users to mint NFTs - Exploring launching an NFT marketplace w/ @CristinaCriddle https://www.ft.com/...

• @jowyang @jowyang on x

  Web3 is mainstreaming: -Facebook, Instagram, Meta to jump in -Google forms blockchain group -Amazon already hosts many Web3 projects on AWS -What will Apple do? https://www.bloomberg.com/... https://www.ft.com/...

• @apompliano @apompliano on x

  Facebook and Instagram are reportedly working on a platform that will allow you to create, display, and sell NFTs. This will become the standard over time. The amount of user interest, economic value, and global impact is too large for large tech companies to ignore.

• @richerd @richerd on x

  How do you onboard a billion people onto NFTs? Ultimately good for the NFTs, as Meta has the reach. But Meta probably has a very different vision of the Metaverse and NFTs then most of around here do. https://www.ft.com/...

• @pranksy @pranksy on x

  So @Meta is jumping into #NFTs according to the @FT. This could be bad, good or a bit of both for the community. It depends what definition of ‘#NFTs’ are supported, will it be an in-house glorified JPG not tied to the blockchain or full ETH support? https://www.ft.com/... https:…

• @sytaylor @sytaylor on x

  My spicy take on Meta doing NFTs Facebook couldn't do a stablecoin What makes them think they can do NFTs 🤷‍♂️ Meta is an incumbent.

• @thatchristinag Christina Garnett on x

  Is this a major step in more people getting involved with NFTs? Yes Is this the last company that should get involved in NFTs, where there is already a lack of trust? Also yes. https://twitter.com/...

• @isiahwhitlockjr Isiah Whitlock Jr on x

  NFTs? On Facebook and Instagram? https://twitter.com/...

• @jasonyanowitz @jasonyanowitz on x

  Web 2 🤝 Web 3 1) Facebook + Instagram: Users will be able to display NFTs 2) Twitter: Already the biggest driver of NFT marketing, launching NFT verification 3) Shopify: Launching the ability to mint and sell your own branded NFTs Web 2 is the distribution funnel for Web 3.

• @u_sharkbaitlol @u_sharkbaitlol on x

  Look at GME's marketcap, then look at Meta's, then look at GME's marketcap again. Anyone else see what's about to happen here? https://twitter.com/...

• @karanbhangui Karan Bhangui on x

  @AdamSinger More cynical take is they've run out of ideas and just let small minnows innovate before their PMs just copy inferior versions but at scale, so they win (sometimes)

• @blackamazon @blackamazon on x

  This isn't even news , what I want to know is will they be fixing the racism, the lack of transparency and providing actual copyright protection Or like most things giving us “diverse” adds and content While the product and moderation kills creators of color ? https://twitter.com…

• @ricmac Richard MacManus on x

  You would think this would drive down the tulip prices, BUT...remember how Instagram made selfie culture even worse by promoting / rewarding fake lifestyles in its feed? I wonder if a similar thing will happen with Instagram NFTs — i.e. the grifters will thrive even more. https:/…

• @joepompliano Joe Pompliano on x

  Facebook & Instagram are reportedly going to enable users to create, display, and sell NFTs on its platform. For context, roughly 70% of the world's ~5 billion active internet users access a FB-owned app each month. It's probably nothing.

• @jessietweeting @jessietweeting on x

  @gregisenberg Just like in the physical Art space - paintings/sculptures etc, moves like this will only benefit the top 1% who will hold valuable NFT's that they'll use to hide their wealth. The rest on the NFT bandwagon will be equivalent of trying to sell drawings on the sidewa…

• @gregisenberg Greg Isenberg on x

  NEWS: Facebook and Instagram to allow users to create, display and sell NFTs Your NFTs all of a sudden just became more valuable

• @beezerism @beezerism on x

  @gregisenberg The supply is about to go up big-time, and you think that's going to make them more valuable? Hot economics take there, GREG

• @film_girl Christina Warren on x

  And just like that, NFTs died. https://twitter.com/...