Meta will soon announce a new feature for Instagram that will allow NFT authors and developers to share their tokens on social media. Previously, the feasibility of NFTs on the platform was announced by Mark Zuckerberg.
Read more: Instagram will have NFTs, according to Zuckerberg
Today (9), on its Facebook profile, CEO of Meta, Mark Zuckerberg, confirmed that NFTs via Instagram have entered the testing phase and that features, including similar functionality, will come to light. Next Facebook.
According to Zuckerberg, Meta’s vision for NFTs is the integration of technology not only into the metaverse and functionalities of Reality Labs, but also into company applications.
The CEO of Meta sees the entry of NFTs on one of his company’s main platforms as a guide, with tokens being an idea of the user and what he or she wants to say on the platform.
Zuckerberg also said the company will develop augmented reality NFTs, or 3D starter NFTs, which can be used in Instagram Stories through Spark AR, Meta’s AR platform.
Instagram NFTs First Arrive in the US
Also on Monday, Instagram CEO Adam Mosseri posted a video on Twitter in which he said a small group of users in the United States could place their NFTs on their food, in stories and in words.
NFTs on Instagram 🎉
This week we are starting to experiment with digital devices with a handful of American developers and authors who can share NFTs on Instagram. There will be no costs associated with advertising or sharing digital content on IG.
See you next week! ✌🏼 ib pic.twitter.com/VuJbMVSBDr
– Adam Mosseri (@mosseri) March 9, 2022
The content of the articles will be presented in the same way as the registration form and the products are presented by social media, but with the symbols of “digital products”. By clicking on the tag, Instagram will reveal details, including the name of the owner and creator of the token.
Initially, according to Mosseri, the level of experimentation was not wide enough to allow Instagram to learn from the NFT community. Mosseri, in an attempt to gain more credibility for Instagram’s entry into the NFT market, comments on the tightness of the larger platform and the decentralized nature of Web 3.0.
“First, I want to make it clear that NFTs and blockchain technologies, including Web 3.0, are based on shared trust and strength. But Instagram is a fundamental platform, so there are distressed, “Mosseri said.
However, for Mosseri, bringing NFTs to a platform with worldwide reach can help expand technology to a wider audience. According to CoinDesk, Instagram NFTs will have integration with Ethereum, Polygon, Solana and Flow blockchains.