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Showing posts with the label NFT news

Instagram to Support Polygon-powered NFT Marketplace

Instagram will support the NFT marketplace hosted by Polygon. The functionalities have already gone live with a select number of American creators and will soon be available in other nations as well. According to Meta, support for Solana's Phantom wallet is also operational, and platform users may now examine data for collections from OpenSea. Source : instagram According to Stephane Kasriel, Meta's commerce fintech and web3 head, a creator economy with a potential value of $100 billion cannot be realised without a digital economy with higher portability than today's web services. As part of its continuous goal to assist creators in making a living, Meta won't start charging fees in its marketplace for digital collectibles until 2024 and will pay for any gas expenses associated with the blockchain.

Satoshi Island-Citizenship NFTs are Being Flipped on Secondary NFT Markets.

Citizenship NFTs are Being Flipped on Secondary NFT Markets, according to Satoshi Island. Thanks to the NFTs that are currently being produced, Satoshi Island may soon be a thriving community. Citizenships for the NFT are already available for purchase and sale on secondary NFT markets. And they undoubtedly provide a number of intriguing advantages. For the past ten years, Anthony Welch, a real estate developer, and Theresa have called a 300-hectare island home. It is being changed into Satoshi Island from its current name of Lataro Island. Although the majority of it is still virgin rainforest, the goal is to transform it into a sustainable smart city with residences and businesses. Welch stated to the world media that they are making an effort to create a true community. "We're not looking to build and profit," Welch claimed that his business associates spotted advertisements for the sale of his island. Then, in order to work with his new partners, he pulled it off the