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NFTs have a brighter future on Instagram than on Twitter

Published 01/13/2023, 02:32 PM
Updated 01/14/2023, 04:20 PM

The nonfungible token (NFT) industry has experienced some market turbulence over the past few months, but this hasn’t stopped both Twitter and Instagram from making moves into an industry that some estimate could be worth $231 billion by 2030.

This comes off the back of Twitter having recently announced NFT Tweet Tiles and Instagram releasing an array of different NFT-related tools, and many NFT enthusiasts are naturally starting to deliberate which one will come out on top as the go-to social media platform for NFTs.

Weekly NFT sales volume from Nov. 2021 through Jan. 2023. Source: Nansen
Constantin Kogan is a co-founder of BullPerks and GamesPad, a partner at BitBull Capital, the founder of Adwivo, and a former managing director at Wave Financial. He’s an entrepreneur, meta-connector, influencer, blockchain technology enthusiast, digital asset investor, and a top thought leader in hedge funds, IT startups, venture capital, healthcare, agriculture, real estate and media/entertainment. Constantin holds a Ph.D. in sociology, and a master’s in education and is fluent in five languages.

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