Instagram CEO Adam Mosseri said in a weekly question-and-answer event on Instagram that the company is researching NFT technology and wants to “make it accessible to more people.”
Adam Mosseri, in his weekly question and answer event, Instagram’s NFT integration on a question about that the company is researching NFT technology explained.
“There is nothing to be announced yet,” Mosseri said. But we are doing research on how we can make NFTs accessible to more people. I think this is helping content creators It’s an interesting area where we can find a way around it.” said
While the CEO did not provide further details, he did not make a statement about Instagram’s addition of NFT support.
Software developer Alessandro Paluzzi, in July With a series of posts on Twitter Instagram plans NFT integration had claimed. Paluzzi in his posts, Instagram users can perform NFT auctions within the application. He also claimed that a feature was leaked.
The developer also said that Instagram will support Meta’s Novi project and native cryptocurrency.
