In 2021, NFT users doubled to about 550,000and the market value of NFTs grew by 37,000%. NFTs are now on $11 billion USD industry and growing everyday. So, are NFTs the next big monetization opportunity for creators and brands? Executives at most popular social media platforms seem to think so. Meta recently expanded digital collectibles […]
Tag Archives: NFT
Key Takeaways CryptoPunks-inspired NFT avatar projects saturated the market in 2021. While some collections have spawned vibrant communities, others have failed. Interest in many once-desired collections has waned due to slow development times and a lack of creativity. Share this article The NFT avatar scene has seen many projects soar and then fade into irrelevance […]
AR stickers on Instagram – what would that look like? Looks like we’ll soon find out, with Instagram testing new AR stickers and text within Stories, which would enable you to place 3D objects into real world scenes. As you can see in these examples, shared by app researchers Alessandro PaluzziInstagram’s developing a range of […]
I’m not sure I 100% agree with this, at least from an anecdotal perspective. In my experience, there is a lot of NFT talk on Reddit, but not a lot of it is positive, and with the tide also seemingly turning against the initial trend of NFT profile pictureswith the option marred by constant scams […]
If following the news is part of your everyday life, then you’ve probably come across the term NFT several times in the last few months. The acronym that stands for Non-fungible tokens was elected the word of the year by Collins Dictionarywith a meteoric growth in its use of more than 11,000% in 2021. The […]
Twitter introduces NFT profile pictures and fuels a new rat race with Facebook through Adam | January 20, 2022 An NFT titled “CryptoPunk 7523” by Larva Labs can be seen during a press preview of the upcoming one … [+]Natively Digital: Sotheby’s Curated NFT Sales in New York City on June 4, 2021 Getty Images […]
Twitter has announced hiring a new crypto engineering lead to explore further ways to integrate cryptocurrency and blockchain technology in various ways throughout the app. Twitter has appointed crypto veterans Tess Rinearson in the newly created role. Rinarson has been working in the cryptocurrency sector since 2015, most recently at the Interchain Foundation, and before […]