The introduction of NFTs into the art world has been well received, especially in the digital art space. Non-fungible tokens are digital assets that represent ownership of real items. They serve as proof of ownership and authenticity for virtual assets.
It’s feasible to adapt Instagram posts to this format, a platform where visual and audiovisual producers have a prominent position owing to the amount of public that the social network has, as well as commercial and distribution tools it offers.
cocoNFT, a service that transforms Instagram posts into NFTs
The use of NFTs in marketing has been nothing new. Access to this technology, on the other hand, necessitates certain technical expertise that is beyond the grasp of anyone without specialized training in blockchain or similar topics.
In order to use cocoNFT, you must first create a cryptocurrency wallet or connect an existing one, if you already have one. After that, you’ll need to link the Instagram account you wish to use with the service, then pick which existing content will be sold as NFT. When you’re done, a link will be generated for you to share – ideally from the bio of the Instagram account with potential buyers.
The price of each publication is defined by its author and to verify its authenticity, at the time of generating the NFT its creator must sign a digital contract. Transactions managed through cocoNFT are carried out in the Ethereum cryptocurrency.
Another nice thing about this platform is that while it isn’t entirely free, at least there are no upfront expenses to get started generating NFTs. Apart from any payment processing charges, cocoNFT charges a commission only on completed purchases. In this manner, the initial investment restriction imposed by other platforms is removed, discouraging new artistic endeavors that are not yet well-funded.
With tools like this, it is feasible to start exploring new paths without putting much at hazard, given the options provided, even during periods when digitalization has advanced well beyond art and its commercial possibilities.
You can learn more about how this tool works at the official website.