Instagram Plans to Implement NFTs

Instagram CEO Adam Mosseri announced that they are considering options to bring Instagram and NFTs together in his post from his account. Mosseri did not share details on this issue.

Months ago, when Facebook hadn’t even formalized its metaverse plans yet. Instagram An interesting claim was made about him. According to this claim, Instagram was developing its own NFT platform. There was even a great tension between Instagram and artists.

After this claim, while there was no new development about Instagram and NFT, Facebook, the roof company, changed its name to Meta. It has announced that it will also offer NFTs in the metaverse in the future. After this announcement Instagram and NFT this time the duo was brought together by official mouths.

“Nothing to announce yet”

Instagram CEO Adam Mosseri announced over the weekend that they are considering developing some features for Instagram that include NFTs. CEO, “Nothing to announce yet, but how we can make NFTs more accessible to a wider audience we are definitely actively investigating” used his words.

Although Mosseri does not go into too much detail in his Instagram account, the tools he mentions are most likely NFT to its users. create, showcase, sell and follow their favorite artists will offer features such as The first screenshot of this was shared last July.

In the screenshot shared by application developer Alessandro Paluzzi, an image is shown as NFT. it is auctioned and can bid. had been seen. Paluzzi also announced that Instagram will support Metamask, Coinbase and Facebook’s Novi wallets.

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Source :
https://markets.businessinsider.com/news/currencies/instagram-nfts-non-fungible-meta-metaverse-adam-mosseri-crypto-collectibles-2021-12


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