Foreign media “BeinCrypto” reported on the 5th that foreign make Alessandro Paluzzi broke the news on Twitter that Instagram is working on the application of the NFT perform. In the future, useds will be able to purchase this tweet NFT based on tweets differentiated with collectibles. The party in charge said that it is expected to bring another source of income for creators.
According to Alessandro Paluzzi, Instagram is trying to add NFT auctions pieces. Solely, Instagram will lend a “Collectible” tag to NFT auctions uprights to let consumers is a well-known fact that the NFT in the pole is available for purchase.
In addition, according to the screenshots published by Alessandro Paluzzi, Instagram will lend a “Collectible” field to the user’s sketch page, but if consumers want to use this peculiarity, it seems that they need to be activated or determine separately, and then You can start uploading uses, and positioned world prices for your NFT occupations, and then open it to collectors or supporters to buy and get income from it.
Instagram creation tokenization
At present, Instagram has not publicly disclosed whether it will launch NFT-related products or functions on its platform, but it has mentioned that it may add payment functions to the platform. Not long ago, similar news broke out in the market. Encryption artist Sean Williams revealed that Instagram is signing related agreements with artists and may launch an NFT platform.
Adam Mosseri, the head of Instagram talked about how the company can help authors through tokenization at the Instagram Creators Week in early June. He pointed out that one is business, we can do more for branded content. Do more things through affiliate marketing, and you can do more things through merchandise.
The second is how users actually offer inventors, irrespective of paid material, subscriptions or gratuities, such as badges, or other user-paid commodities. He considers there is also a lot to do. He likes these because it allows designers to establish a direct relationship with fans, and believes that in the long run, this may be more sustainable and predictable.
Instagram may be considering serving paid content services for creator love, just like the Patreon or Only Follower prototype. It is easier to sell NFTs on the stage by implementing payment methods and tokenized tools through Instagram.
