Earlier this year, Instagram started testing non-fungible tokens or NFTs for a limited number of US users. But if you live elsewhere and want to jump on the bandwagon, rejoice! From now on, you can buy and sell NFTs on Instagram in 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas.
The online art gallery DeviantArt is expanding its DeviantArt Protect tool in a bid to help artists and photographers figure out if their work has been sold as NFTs without their knowledge.
The software was added to DeviantArt last July 2021 and functions in a similar way to other image match detection programmes like Tin Eye or even Google reverse image search. The Protect software was originally intended to be just used within the site’s own interface and would allow users to see if someone had used their work to create derivative or overly similar artwork. Now it will be expanded to detect stolen works across the blockchains.
Non-fungible tokens or NFTs still seem to be all the rage. It probably comes as no surprise that Meta wants to be a part of it, so from now on you can buy and sell NFTs on Instagram.
The new feature has been released as a test for some users in the U.S. As Meta CEO Mark Zuckerberg announced, NFTs will become available on Facebook soon, too. This way, creators can offer their work, collectors can buy it, and Instagram gets yet another purpose that’s not photography.
From a photo-sharing platform, Instagram has almost become everything but one. So maybe this doesn’t come as a surprise – non-fungible tokens (NFTs) are soon to come to Instagram and join a bunch of non-photographic options that are already there.
This information is not merely a rumor. Meta CEO Mark Zuckerberg recently confirmed it, saying that NFTs are coming to Instagram over the next several months.
Selling your work as non-fungible tokens or NTFs is one of the ways to make money from your photos (even memes). Many artists have jumped on the bandwagon, and you can now do it if you have a Behance account. Adobe has just made it possible to sell your work as NFT right there on the platform, and there are some other new ways of making money on Behance, too.
I analysed 50 Top Landscape Photographers with accounts on the NFT auction platform, Foundation, between the dates of the 5th to 9th July (2021), to answer the following question:
How much do landscape photographers earn from selling NFTs?
Specifically, I used public data to compile:
- My list of 50 Top landscape Photographers selling NFTs on Foundation, ranked in order of ETH sales between the snapshot dates (5th – 9th July 2021) to get a feeling for the range of earnings
- Public details about the photographers, including Foundation account, country, short bio, and social media links to provide further context and follow-up for interested parties
- Stats like the max, min, and average ETH sales of the 50 photographers combined
- A list of the collectors who bought NFTs from them
I believe there are few people who haven’t seen the “Disaster Girl” in one of a million memes circling around the internet. The adorable girl is now 21 (yes, we’re old) and she found a way to make money from the viral photo of her. She sold it as an NFT and earned almost half a million dollars.
An NFT is a Non-Fungible Token. The token refers to a digital token or certificate that is stored on a secure distributed database referred to as the blockchain. NFTs are therefore unique digital assets that can be bought and sold, with every transaction being permanently recorded in the blockchain.
One way to think about NFTs is that they are like a certificate of authenticity that is permanently embedded into a database, along with any future transactions that transfer ownership. You can see who minted the NFT, who bought it and so on, in perpetuity. NFTs are a new technology, and we are only seeing a small portion of their likely future potential.