Connect with us

SOCIAL

Reddit’s Experimenting with NFT Profile Pictures, Leaning into Audience Trends

Published

on

Reddit's Experimenting with NFT Profile Pictures, Leaning into Audience Trends

While Twitter’s new NFT profile display option has been met with a decidedly mixed response, it seems likely that we’re going to see more of the same from other platforms, as they look to tap into the rising popularity of NFTs, and facilitate more direct connection to NFT ownership for such display.

The latest platform experimenting with connected NFT profile images is Reddit, with app researcher Nima Owji spotting this alert in testing.

Which is probably little surprise – cryptocurrency was the most discussed topic on Reddit in 2021 and the platform has been testing the waters on digital currencies and transactions for some time, so it makes sense that it would also look to lean into NFTs.

But then again, much of those discussions of crypto, including NFTs, haven’t exactly been positive, with many Redditors highly critical of the space, and the perceived potential of the NFT market.

I mean, there are divisions across the board on NFTs, with most people seemingly firmly in the camp of either ‘these are the future’ or ‘these are total crap’. There are, of course, many flaws and issues with the NFT process, in relation to ownership rights, usage, copying, etc. But at the same time, the surge of attention suggests that there’s something there, and I suspect that there is a core functionality within NFT trading that will expand to the exchange of digital goods on a broader scale, especially in the coming metaverse shift.

Whether that means your $300k Bored Ape is going to be as valuable in a few years, or even months’ time, I wouldn’t be so sure.

Which is another issue. Many NFTs right now are already worthless, but they’re being used in ‘pump and dump’ scams to catch out unsuspecting investors who think that they’re latching onto a bargain – when really, the price of the piece has been artificially inflated by their friends and connections to make it seem like it’s on the rise, when it’s actually not.

That happens in many markets, but the crypto and NFT space is especially open to manipulation right now, due to lack of official oversight and the capacity for traders to obscure their identity.

Add to that the fact that NFTs are taxed as capital gains, and there’s even more motivation for the rich to use them as an offset, in order to reduce their tax burden moving forward.

Which is why there’s such a conflict in the burgeoning crypto market – while ideally, the community impact and traceability of the blockchain brings increased transparency and freedom, away from the interference of traditional gatekeepers and rule-makers, in reality, it also opens up these networks to manipulation. And accountants and investors are swooping on the opportunity.

Eventually, there will need to be some level of oversight and accountability, otherwise billions in tax payments could be lost through crypto platforms and trading. Which Government and regulatory authorities won’t allow. Which is why we’re now seeing crypto being banned in more and more regions, pending further assessment.

Over time, that could see the perceived benefits of crypto reduced, as it comes back into line with other monetary options, and NFTs are in the same boat, with enthusiasm for the space likely to die down as more buyers get burned, and more users call for increased security in their transactions.

But the trading of digital goods, beyond just profile pictures, will be big. It’s already huge in games like Fortnite and Roblox, and younger users are increasingly accustomed with spending money for in-app items, which will become a bigger focus as we all spend more time in expanded digital worlds.

That’s where it seems like the confusion over NFTs stems from – that there is clearly a value proposition there, a real use and value to virtual items. But I doubt the true benefits of such will lie in still, digital images.

Still, it also makes sense for social platforms to lean into the popularity of NFTs, and provide the option for users, and with Instagram also experimenting with its own NFT display tools, you can expect to see more of them coming in future.

Whether you like it or not.




Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address

SOCIAL

How to Train ChatGPT to Write in Your Brand’s Tone of Voice [Infographic]

Published

on

How to Train ChatGPT to Write in Your Brand’s Tone of Voice [Infographic]

Are you looking for ways to improve your ChatGPT output? Want to train it to write in a more unique tone of voice, in order to better suit your branding?

The Creative Marketer shares his ChatGPT prompt tips in this infographic. To enact these, add “Write like [INSERT CHARACTER]” at the start of your ChatGPT instructions.

TCM breaks things down into the following categories:

  • Innocent
  • Sage
  • Explorer
  • Ruler
  • Creator
  • Caregiver
  • Lover
  • Hero
  • Everyman
  • Magician
  • Jester
  • Outlaw

Check out the infographic for more information.

A version of this post was first published on the Red Website Design blog.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

SOCIAL

Elon Musk reinstates far-right conspiracy theorist Alex Jones on X

Published

on

Conspiracy theorist Alex Jones has been reinstated on X, formerly known as Twitter, by company owner Elon Musk

Conspiracy theorist Alex Jones has been reinstated on X, formerly known as Twitter, by company owner Elon Musk – Copyright GETTY IMAGES NORTH AMERICA/AFP/File Joe Buglewicz

Elon Musk, the billionaire owner of X, on Sunday reinstated far-right conspiracy theorist Alex Jones on the social media platform, a year after vowing never to let him return.

Jones, who claimed that a December 2012 school shooting in Newtown, Connecticut that killed 20 children and six educators was a hoax, was banned from the platform — then still known as Twitter — in 2018 for violating its “abusive behavior policy.”

He was also sued by families of the victims of the Sandy Hook school shooting and ordered by a judge in the case to pay up more than a billion dollars in damages last year.

Musk had himself promised never to let the Infowars host back on the social media platform, which he bought last year for $44 billion.

But following a poll Musk conducted on X asking whether Jones should be reinstated, to which some two million users responded, he flipped that decision.

“I vehemently disagree with what he said about Sandy Hook, but are we a platform that believes in freedom of speech or are we not?” the SpaceX founder said on X.

But Shannon Watts, founder of the group Moms Demand Action group which pushes for tighter gun laws, said that “defamation is not free speech.”

Musk’s decision comes the same week that the Sandy Hook families commemorate the 11th anniversary of the December 14 shooting, which Jones alleged was staged to allow the government to crack down on gun rights.

Jones’ followers harassed the bereaved families for years, accusing parents of murdered children of being “crisis actors” whose children had never existed.

It also came a week after Musk had responded to advertisers pulling out of X because of far-right posts and hate speech, including an apparent endorsement by Musk himself of an anti-Semitic tweet.

Asked whether he would respond to the advertising exodus, Musk said in an interview with journalist Andrew Ross Sorkin that the advertisers could “go f*** yourself.”

Jones, who has a million followers on X, returned to the site with his first post re-tweeting Andrew Tate, the controversial former kickboxer facing rape and human trafficking charges in Romania, in which he hailed Jones’ “triumphant return”

US media reported that as of Sunday, the account of Jones’ controversial show Infowars was still banned.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

SOCIAL

Instagram Launches New ‘Close Friends Only’ Podcast to Showcase Celebrity Users

Published

on

Instagram Launches New ‘Close Friends Only’ Podcast to Showcase Celebrity Users

Not sure if this will be a valuable addition, or another stream that’ll fade out pretty quick, as Meta stops paying attention to it.

Today, Instagram has launched a new podcast called “Close Friends Only”, which it says will present “the latest on culture – from memes and icks, to fashion and friendship – all from your favorite celebrities.

And they’ve gone big out of the gate, with the first episode featuring Ice Spice in conversation with Doja Cat.

The conversation sees the two stars discuss their favorite memes, their favorite animals, celebrity crushes, experiences in flirting on IG, their juiciest DMs, and more.

Which will no doubt get a heap of attention, and will help make Instagram a bigger focus for youngsters seeking to replicate their idols. But in terms of practical advice or tips, yeah, there might not be a heap there.

But it could be worth tuning in anyway, in order to get the lowdown on the latest trends, from some of the people that are leading the way on cultural shifts.

But then again, as noted, it’ll be interesting to see how IG follows this first episode up, and whether they keep running regular episodes of the podcast with more celebrities.

Either way, it’s an interesting promotional vehicle for IG, especially given that it’s focusing on musicians, as TikTok becomes an even more critical platform for music promotion.

Maybe, then, this will be Instagram’s counter to that, but again, we’ll have to wait and see whether more episodes arrive.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

Trending