Instagram announced this month that it has begun testing on the network so that users can use NFTs in a way that is integrated into the platform. Features include the possibility to display NFT on your profile – And prove your ownership –As well as sharing NFT with other profiles.
The network’s creators have assured that no charges will be levied for users who make these transactions. Mark Zuckerberg, CEO of Meta Company (owner of Instagram and Facebook), also announced that Facebook will soon be testing similar functions.
What are NFT and various investment markets
You may have heard of NFTs, but you may not understand how they work. NFTs are non-fungible tokens verified by blockchain – for example, technology similar to cryptocurrency.
In economics, “non-fungible” means the separation and exchange of a good thing. The 10 Rias bill, for example, is a fungible good, because if we change it for another, we will continue the same 10 Rias bill. NFTs are, in turn, unique, irreplaceable objects. Explains why NFTs are so attractive in the investment market.
Online investment brokers provide platforms that enable and facilitate financial asset transactions, such as NFTs. One of the most popular platforms on the market is MetaTrader 4, also known as MT4. To you MetaTrader 4 free download On the Avatrade website, a brokerage firm that already provides you with the assets you want to invest. In this way investors choose the NFT they will buy and trade them with other investors in the futures market.
Types of NFT
If we look at the vast digital universe, we can say that anything can change in NFT – Even Tweets can be sold, And its value is a millionaire. Art, music, games, collectibles – NFT can be anything that can be played digitally.
Art is the oldest and best form of this wealth. It was a way to sell to many artists Your works online, As if it were physical. Today, the most expensive NFTs in the world are artifacts. One of the most expensive NFTs is Everydays: The First 5000 Days, starring Mike Winkelman, better known as Beeple.
Reversing Beeple’s work is just an NFT, The most valuable in the world. This is a merged, series of merged NFT. The token has 28,983 owners and is worth a total of $ 91.8 million. Merge maker has become a living artist with the most valuable work in Pakistani history.
NFTs have grown in popularity in recent months, making them even included in online games. – It is possible to purchase game items like NFTs. These items are in the game: the characters, the skins, the characters’ houses, the weapons used by the players and the ammunition.
The evolution of NFT should never stop soon. Meta Company is also working on creating three-dimensional NFT. With technology Augmented Reality (AR). It should be integrated into Instagram in the future, as Spark AR software will be the first to support Instagram stories.