Instagram NFT Marketplace? 😲

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What The Heck Is Going On?

• Instagram NFT Marketplace? 😲

• Game of Thrones NFTs

• Thursday Twitter Thread 🧵

• What The Meme?

Instagram NFT Marketplace?

Meta has started to roll out features that let creators sell NFTs on Instagram.

To start, Instagram has made new features available to a select group of creators on its platform. More creators will be onboarded in the coming weeks. The initial round of selected creators includes Amber Vittoria, Dave Krugman, Refik Anadol, Isaac ‘Drift’ Wright, Eric Rubens, Jason Seife, Vinnie Hager, Sara Baumann, and Ilse Valfre.

In a bid to ensure this process is as seamless as possible for everyone involved, Meta has promised that NFTs sold on its platforms will not incur any additional fees for the parties involved. Of course, that doesn’t mean that there are no fees. Purchases made within the Instagram app on Android and iOS operating systems are subject to applicable app store fees. And Instagram may be adding its own fees down the line. However, Meta has “made a commitment to not charge any additional fees for selling digital collectibles until at least 2024.”

With a significant focus being placed on ensuring NFT integrations on its platforms are accessible, the fruits of Meta’s NFT-driven initiatives may take some time to ripen. When they do, we might see one of Web2’s most important platforms growing into one of Web3’s.

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Game of Thrones NFTs

The creators of Game of Thrones have partnered with the NFT marketplace Nifty’s to launch a collection of digital collectibles based on the popular television series.

The new collection, "Game of Thrones: Build Your Realm," is a collaboration with digital production company Daz 3D which will design, develop, and produce the collection.

According to Nifty's, the initial sale will begin with the release of avatars inspired by Game of Thrones. The avatars will be bundled with a pack of digital collectibles that collectors can use to upgrade their avatars.

The Game of Thrones NFT collection will include an assortment of digital collectibles, including weapons, companions, and gear, allowing collectors to customize their avatar's stats.

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Thursday Twitter Thread

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What The Meme?

That's all folks!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.