Global News and Digital Insights
for the Consumer Goods Industry

Digital giants like Instagram, Facebook, Twitter, and YouTube are embracing NFTs

Picture of ConsumerGeniuses

ConsumerGeniuses

Adam Mosseri, the head of Instagram, recently announced that the application is now allowing users to share their NFTs on Instagram stories, messages, or feeds with no additional charges. Initially, Instagram will be using limited blockchains, namely Ethereum and Polygon. The third-party wallets that are compatible presently are Rainbow, MetaMask, and Trust Wallet. The CEO of the Meta company, Mark Zuckerberg, said that a similar functionality will be launched on Facebook and other Meta-apps. He added that the Meta company is working on 3D NFTs that can be added to Instagram stories using the company’s software AR platform, Spark AR. Other digital giants, including Twitter and YouTube are planning to embrace NFTs.

Read more from Techcrunch

Facebook
Twitter
LinkedIn

ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
All Posts
consumer-geniuses

ConsumerGeniuses

Curated News and Digital
Insights for the Consumer Goods Industry

IndustryGeniuses
MetaGeniuses
GroceryGeniuses
HealthGeniuses
FashionGeniuses

ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

IndustryGeniuses team brings practical domain knowledge of working with 300+ tech startups and brands over the past decade.

© 2024 IndustryGeniuses Ltd. All Rights Reserved.