Instagram adding NFTs
71 🍉 Instagram, Bancor V3, Google+Gucci+Doodles CEO, ChainLinkGod & DaySlice.
META dives deeper with Instagram NFTs
ICYMI: Bancor V3 launches this week
NEWS: Billboard President leaves to become Doodles NFT project CEO, Gucci accepts Crypto, Google forms Web3 team
Wednesday 5/11: A Conversation With Michael Keen
Volume 71: Web3 news and opportunity keeping you informed together with Dayslice, which offers:
Easy scheduling and enhanced branding tools
Social proofing with testimonials
Upfront pricing with payment options for users
Sign up today with the code “investrly” and trial the Dayslice Pro Plan for $1.
Insta NFTs
Instagram, owned by “Meta,” announced a new pilot program integrating NFTs into the platform with support for multiple chains such as Ethereum, Polygon, and Solana.
From Coindesk:
“Instagram intends to support widely used crypto wallets such as MetaMask. Plugging in their wallets, users will be able to prove NFT ownership, showcase them on their profiles and tag the creators who made them.”
Instagram will not charge users for showcasing their NFTs as profile pictures in the same way Twitter does. “Twitter blue” includes support for hexagonal NFT profile pictures indicating verification of ownership, but costs $2.99/month.
Our Take: First, it was Twitter. Now, it’s Instagram (Meta). Next, it will be LinkedIn and Facebook…and before you know it, the digital ownership and authentication concept will be solidly integrated into our daily lives. Like the internet in the late 90’s, it first seemed slow, then came all at once. While this doesn’t mean your NFTs are going to the moon, it does indicate that NFTs are becoming acceptable and standardized in society as a way to authenticate digital ownership of an item, whether tangible or not.
Bancor V3 Launching
Bancor Network is known as the original Decentralized Exchange and Protocol. Uniswap gets the credit, but it started with Bancor. Late last year, the Bancor team began announcing version 3. Now the journey officially begins.
V3 launches this week. This is a massive accomplishment in DeFi, and V3 promises many great features, including immediate Impermanent Loss Protection on your staked tokens, up to 80% less in transaction fees and auto-compounding rewards, just to name a few. Click here to dive deeper into the benefits of V3. Here’s a thread from the Bancor team and how to get involved in the launch:
Google forms Web3 team to tap market's 'Tremendous Potential'
Key Takeaway: "While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto related technologies,” Amit Zavery, VP Google Cloud.
Gucci to accept crypto in some US retail stores
Key Takeaway: Gucci has rolled out the crypto payment mechanism at its flagship stores in the U.S., including Rodeo Drive in Los Angeles, Wooster Street in New York and in Las Vegas, with plans to expand the service to its directly operated North America stores in the near future.
NFT project Doodles appoints former Billboard President as new CEO
A Conversation With Web3 🎙
“A Conversation With” the podcast is on Apple iTunes & Spotify. Hear from industry leaders and professionals as they share their web3 journeys, thoughts, and ideas empowering you to invest early.
In Episode 22 of “A Conversation With” podcast, we welcome ChainLinkGod, the community ambassador for all things Chainlink.
📆 Wednesday, 5/11 @ 8:30 PM ET: Michael Keen NFTCatcher
This Wednesday, we welcome Michael Keen, CEO of NFT Catcher. Join us this Wednesday to hear directly on A Conversation With!
Like what you’ve read and have interest in partnering? Sponsor a newsletter and invest in our growing community today. Reach us at contact@investrly.co.
investrly is written weekly by Founder Michael Rippe, with edits and design by Chief Strategist Danny Bopp. Thank you for reading. Share this newsletter with a friend or colleague by slapping the button below and help us continue growing!