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The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap

Taylor Scott
by Taylor Scott
3 years ago
·
Posted in NFT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the midst of crypto chaos, the NFT market is essentially following suit. We’re here through rain, sleet and snow (and sunshine, of course) with our five-day-a-week report quickly covering some of the brief stories each day around all things NFTs.

While the markets at large continue to get hammered, Instagram is finally moving their feet, and one project that was practically touching ‘blue chip’ status, is seemingly at it’s death bed. Let’s dive in.

The Nightly Mint

Latest Mint: Instagram Finally Begins NFT Testing?

Meta’s Instagram is finally testing NFT integration, after long speculation and dialogue around when and how we could see non-fungible tokens integrated on the platform. In a tweet announcement, Instagram CEO Adam Mosseri stated that testing would begin with “a handful of US creators and collectors who will be able to share NFTs on Instagram,” adding that “there will be no fees associated with posting or sharing a digital collectible on IG.”

Related Reading | More Utility For Dogecoin As WordPress Websites Can Now Accept DOGE Payments

Facebook's Meta has long tried to integrate crypto, blockchain, and other 'Web3' compatibility, with little to no success to show for it. Could NFTs on Instagram change that? | Source: NASDAQ: FB on TradingView.com

Are Azuki’s Done For?

NFT Twitter is taking Azuki’s through the mud as chatter spurred across channels that the founder previously created a rugged project, Phunks (and other abandoned projects) – which all started from a blog post from the pseudonymous founder. The floor price practically cut in half – and currently sits around 15 ETH (after averaging double that price earlier this month). Nothing is promised in this space.

The ‘Minty Fresh’ Take

Stay positive, and remember to only risk in these markets what you can afford to lose – after all, your JPEG isn’t going anywhere.

I had this saved. Probably appropriate now to share it. pic.twitter.com/wHKbNkYzMt

— EarlyDN404Adopter (@earlyadopterNFT) May 9, 2022

Related Reading | Madonna Gives Birth To Flora And Fauna In 1st Beeple Project (That’s NSFW)

Featured image from Pexels, Charts from TradingView.com
The Nightly Mint: Daily NFT Recap
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Taylor Scott

Taylor Scott

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Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

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