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Crypto's Biggest Day of Real-World Integration. (Apple, Meta, Instagram, Twitter)

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Crypto's Biggest Day of Real-World Integration. (Apple, Meta, Instagram, Twitter)

Hi Reddit,

Does it feel like crypto is failing at real-world integration? Not so fast! Yesterday proved to be one of the most bullish days on this front. So let's take a look at some head-turning events that transpired.

Instagram’s NFT Push

https://preview.redd.it/gjabckjnosx91.png?1456&format=png&auto=webp&s=758e464b98c8a4e92fe2dabbc64d906f27e49bc5

One of the most prominent social platforms in the world, Instagram, with 2.5 billion users, recently integrated NFTs as profile pictures. Yesterday, the company topped itself by announcing that users can create and sell self-made NFTs through the app using the Polygon Network as the backdrop. The app will feature an NFT marketplace too. Oh, and there's more. Meta plans to use the decentralized storage solution Arweave (AR) to store all that NFT data. AR is up 63% today.

Twitter Web3 speculation

Unless you’ve been living under a rock, you know that Elon Musk acquired Twitter last week. The speculation of Musk integrating Dogecoin and crypto payment into the platform saw DOGE climb a staggering 127% in the previous week. To make matters more interesting, crypto-conglomerate Binance invested $500 million into the acquisition and then launched a “Bluebird Index” composed of BNB, DOGE, and MASK tokens. So is there a looming Web3 partnership developing to spring Twitter into a new era? MASK is up 64% in the past 24 hours and posted this on their Twitter:

https://preview.redd.it/ytwq89u4psx91.png?342&format=png&auto=webp&s=c4834420abde089590efb00b406ca6d6f05d6950

Render app integrated on Apple Devices

Apple released this promotional video two weeks ago, which included a shoutout to Octane X, a Web3 app with a free year's subscription on all Apple devices. Octane X happens to utilize a distributed blockchain GPU rendering platform blockchain called Render (RNDR) to provide crystal-clear video and pictures. Moreover, the Render team is set to appear at the Solana Breakpoint Conference, which kicks off on Nov 4 in Lisbon, Portugal. The cryptoverse must have just become aware of this development because RNDR is up +92% in the past seven days.

All the info is from a small, no cost newsletter I write. If you'd like to access the entire article please read it here.

Thanks for reading,

Gabriel

*Reddit doesn't allow twitter links, apologies

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