NFT Collections Coming to Instagram

A news shared by CoinDesk showed that the popular social media platform Instagram could launch the NFT integration, which has been expected for a while, in the coming days. Not long after the news, Mark Zuckerberg, the CEO of Meta, made a statement on the subject and the arrival of NFTs on Instagram was confirmed.

resulting from the processing of unique assets on the Internet into the blockchain. NFTs (non-fungible token) is getting more and more popular every day. Although these assets face some negativities, they receive investments from giant companies in automobiles, games, music and many other sectors.

Facebook, which changed its name to Meta for the metaverse in October last year, is at the forefront of making moves on such issues. Popular social media platform owned by the giant company to Instagram The future of NFTs was announced a few months ago. Now, the news has shown that this will happen soon.

Instagram may launch NFT integration in coming days

With the news shared by CoinDesk the other day, it was announced that NFTs could start coming to Instagram with an announcement scheduled for Monday. In the news, the giant company Ethereum, Polygon, Solana and Flow It was stated that it plans to bring these digital assets to the platform with its integrations. It was stated that the NFT integration, which is stated to start with a pilot application, will be tried with a group of people in the USA first, but it is not known whether it will include all the specified networks.

In addition, Instagram MetaMask It is stated that it will support common crypto money wallets such as It was stated that users can prove that they have NFTs through these wallets, exhibit these assets and tag artists. In addition, CoinDesk has expressed that the platform’s NFT sharing that you will not charge any fee He also stated that he was involved. In addition to this, it was stated in the previous news that Meta had plans regarding Facebook as well as Instagram.

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The moves of social media platforms are also increasing regarding NFTs, which are becoming more and more widespread. In addition to Instagram, another popular social media Twitter has taken the name of NFT in recent months. Giant platform, with a feature of NFTs profile photo allowed it to be done.

Mark Zuckerberg confirms the arrival of NFTs

Not long after the news, it was confirmed that Instagram will support NFT collections, with the statement shared by Meta’s CEO Mark Zuckerberg. Zuckerberg, NFTs can be seen on Instagram stories via the AR platform Spark AR stated. He said that they continue to work on the visualization of 3D NFTs with the help of augmented reality.

The CEO also confirmed that testing of NFT collections for Instagram will begin this week. However, detailed information on whether NFTs will be purchased via Instagram was not provided. However, previous rumors were that Meta’s work was available for NFT purchases, exhibitions and sales. Zuckerberg said they were really excited about it and They accelerated the efforts to integrate NFTs into Facebook and other applications under the Meta umbrella. stated.

Source :
https://petapixel.com/2022/05/09/nfts-are-coming-to-instagram-starting-this-week/


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