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Intro
This chapter explores Instagram's integration of NFTs and the evolving landscape of Web3 technologies within Web2 platforms. It highlights the opportunities for creators to monetize NFTs and the role of Stripe in supporting this transition with seamless transactions.
Sandeep Nailwal and Mihailo Bjelic are the Co-Founders of Polygon. They’ve been on Bankless in the past, but not during a time like the one we currently find ourselves in.
However, the bear market is not stopping Polygon from building. Polygon is enabling Instagram to bring NFTs to 2.9B people. And that's not all! They're also working with Stripe to allow USDC payments via Polygon.
Hear how exactly they plan on doing this, what they plan on building next, how they're thinking about the bear market, and so much more!
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------ Topics Covered:
0:00 Intro 8:41 Instagram is Adding NFTs 15:01 Meta’s Crypto Team 17:40 What Instagram NFTs Look Like 21:30 The Potential of NFTs on Instagram 26:31 Is Polygon Ready to Support New Users? 29:58 Stripe to Allow USDC Payments via Polygon 35:35 Addresses, Stripe Wallet & Gas Fees? 41:12 Polygon’s Strategy Going Forward 49:04 Polygon Supernets 53:38 Weathering the Bear Market Storm 58:55 Thoughts on the Market Crash 1:02:24 Closing & Disclaimers
------ Resources:
Sandeep & Mihailo's Previous Bankless Episodes https://youtu.be/Gf2aalPt8-k https://youtu.be/rCJUBUTFElE
Sandeep Nailwal https://twitter.com/sandeepnailwal
Mihailo Bjelic https://twitter.com/MihailoBjelic
Instagram NFTs https://imgur.com/a/c1vBnM2
Stripe to Allow USDC Payments via Polygon https://www.coindesk.com/business/2022/04/21/stripe-taps-polygon-to-allow-customers-to-make-payments-in-usdc/
Polygon Supernets https://twitter.com/0xPolygon/status/1517502692670640129
----- 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
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