Mark Zuckerberg has stated that Instagram will begin testing NFTs this week

Mark Zuckerberg has stated that Instagram will begin testing NFTs this week

Meta is developing 3D augmented reality NFT that will work with IG Stories.
May 9, 2022

Facebook CEO Mark Zuckerberg stated that Instagram will begin testing non-fungible token (NFT) integrations this week.
According to the CoinDesk website on May 7, with the blockchains chosen being Ethereum, Polygon, Solana, and Flow. Zuckerberg did not specify which blockchains will be supported.

"We're starting to build for NFTs across our family of apps, not just in our metaverse and Reality Labs work," Zuckerberg said in the video. "We plan to add similar functionality to Facebook in the near future."
Meta provided a mockup of NFT verification in Instagram. Take note of the hexagon | Credits Meta

The company is also developing three-dimensional, augmented-reality NFTs with its Spark AR software, which will initially be compatible with Instagram stories.
MetaMask, Rainbow, and TrustWallet will be compatible third-party wallets, according to a Twitter thread posted by a Meta representative. Instagram will initially support Ethereum-based NFTs, with integrations for the Polygon, Solana, and Flow coming later, according to the post.

Disclaimer. NFT Mint Radar does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

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