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Founder of Meta Mark Zuckerberg confirms NFT Feature is Coming to Instagram and Facebook

Mark Zuckerberg (Math (Facebook CEO)) announced via a blog post that Instagram and Facebook will soon have Non-Fungible Tokens features....
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Mark Zuckerberg (Math (Facebook CEO)) announced via a blog post that Instagram and Facebook will soon have Non-Fungible Tokens features.

These features will allow collectors and creators to display the NFTs they choose on their profiles and accounts. This feature will be available to both Instagram and Facebook users.

According to the report, engineers from Meta will be testing the NFT feature internally. This will take place this week.

Meta also plans to use its Spark AR studio tools for augmented reality support on Instagram stories. Although the company confirmed the news, they have yet to disclose the official rollout date.

Meta and NFT – How it all began

In March 2022 Meta’s CEO teased the feature, stating that they were exploring the possibility to add support for digital collectibles. The CEO mentioned that NFT minting support could be added to Facebook in the future.

The Meta NFT feature could introduce more than 3Billion monthly users to digital collectibles with the help of blockchain technology. The social media giant also released a preview of the future integrations, which includes augmented reality on Instagram Stories.

Reliable sources have also confirmed that Instagram will support NFTs powered by Solana and Ethereum as well as Flow and Polygon. Twitter, a Facebook rival, has also recently announced NFT profile photo integration for its Blue service to paid subscribers.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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