It’s been a big day for Arweave and Polygon. News that Instagram will leverage the Polygon blockchain to let users mint and sell NFTs has sent blockchain’s MATIC soaring by 14.3% since yesterday, per CoinGecko. This is the social media platform’s latest Web3 integration amid intense competition with TikTok and Alphabet’s YouTube. Decentralized data storage protocol Arweave’s AR token is also up a whopping 59.2% since yesterday, per CoinGecko, after Instagram announced it would use Arweave for the storage of its creators’ NFTs. Long lambasted by creators for its lack of d ...
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