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Instagram Bringing NFTs to 2.9B People | Sandeep & Mihailo, Polygon

May 17, 2022

Sandeep Nailwal and Mihailo Bjelic, Co-founders of Polygon, are driving Web3 adoption through their innovative solutions. They discuss Instagram's exciting integration of NFTs, which opens doors for creators to monetize content for 2.9 billion users. The conversation also covers a new partnership with Stripe to enable USDC payments, enhancing transaction experiences. They reflect on weathering the bear market and share insights into future strategies, including the development of Supernets to boost scalability. The optimistic outlook for NFT creators and mainstream crypto adoption shines through!

01:04:11

Creator website

Episode guests

Mihailo Bjelic

Sandeep Nailwal

AI Chapters

Episode notes

Intro

4min

NFTs and Financial Innovation

6min

NFT Integration and Web3 Futures

8min

Instagram's NFT Integration: Pioneering a New Era

14min

NFT Integration and Fintech Evolution in Crypto

2min

Web3 Innovations: Payments and Partnerships

6min

Exploring Aave V3 and the Future of Decentralized Finance

3min

Navigating Blockchain's Future Amid Challenges

22min

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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