Instagram Announces Phase 2 for NFT Integration | Overpriced JPEGs #62

Today on the pod, we're joined by the team from Instagram and the one and only Sara Baumann, founder of Women and Weapons. ✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ https://bankless.cc/jpegs ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs ------ BANKLESS SPONSOR TOOLS: 🔐 LEDGER | NFT MARKETS https://bankless.cc/LedgerOP3N 😎 BUENO | CREATE NFTS WITHOUT CODE https://bankless.cc/Bueno 🔑 COINSHIFT | TREASURY MANAGEMENT https://bankless.cc/Coinshift 🌐 CRYPTEX | NFT EXPOSURE WITH JPEGZ https://bankless.cc/Cryptex ------ Timestamps: 0:00 Intro 3:21 Phase One of NFT Integration in Instagram 7:21 Pushing Past Community Pushback 13:15 Instagram's Long Term Vision for NFTs 14:52 Responding to the Meta Concerns 17:44 Phase Two: Minting and Selling on IG 21:16 Instagram's New Language for NFTs 23:00 How Is Authenticity Ensured? 24:29 Instagram's Decision to Waive Fees 26:22 How Meta Can Benefit Alongside Its Creators 33:12 Mint Mobile (not the Ryan Reynolds one) 34:54 How Creators Can Utilize the Platform (from Sara's Perspective) 37:38 Sara's First Instagram Drop 38:29 The Buyer Experience 39:53 Connecting Your Polygon Wallet (and the Challenges That Follow) 42:49 How the Wallet Can Interact With Your IG Feed 43:50 How Is Instagram Working Towards NFT Education? 48:43 Choosing the Creator Partners 49:40 Partnering Outside of the (Traditional) Web3 Space 51:37 Final Details on Launch 53:35 Outro ------ Resources: Sara Baumann Instagram: https://www.instagram.com/nftsarabaumann/  Sara Baumann Twitter: https://twitter.com/nftsarabaumann  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures