On Instagram, the videos are published to a feed known as the Explore tab, a mishmash of photos, sponsored posts and long-form videos. The similarities pretty much ended there - and not in a positive way for Instagram. With Reels, Instagram mimicked TikTok’s signature ability to create short video montages, which are overlaid with copyrighted music and embellished with effects like emojis and sped-up motion. Both TikTok, a stand-alone app, and Reels, a feature inside Instagram, are free to use. With her experience and my novice knowledge, we could assess how both the never-TikTokers and the TikTok die-hards might feel about Reels. I invited Taylor Lorenz, our internet culture writer and resident TikTok expert, to share her thoughts about how Facebook’s clone worked versus the real thing. So here was an opportunity to test Reels and compare it with TikTok.
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Related: Audius Has Big Numbers by Crypto Standards but Can It Take On SoundCloud? Remo Prinz, co-founder of the Zurich-based Fyooz (pronounced “fuse”), said Thursday’s sale was a sign of “growing demand for social money.” Earlier this year, Roll inked a deal with rapper Ja Rule. Rally drew chart-topping Christian vocal trio Selah into the fold with a similarly structured fan engagement token earlier this month. The $YACHTY sale comes as other social token platforms have toyed with high-profile collaborations. Token owners can also receive personal items from the rapper’s career and participate in online parties with him, according to Fyooz. Owning $YACHTY gives fans exclusive access to the Grammy-nominated artist, including surprise boxes prepared by his mom, Venita McCollum, author of the book “ Raising a Rapper.” Related: Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto EffortsĪccording to the Fyooz app, the sale brought in $276,006.
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