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Instagram is working on bringing NFTs to a wider audience, as its parent Meta goes all-in on the metaverse
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Instagram is looking for a way to bring NFTs to its social networking platform and its two billion users, as its parent company Meta makes a push into the metaverse.
The company's CEO, Adam Mosseri, said at the weekend it is working on building features that incorporate non-fungible tokens.
While these one-of-a-kind digital assets are popular as modern-day art or video collectibles, they are also a digital key to unlocking a metaverse, as they can convey ownership within a virtual world.
«Nothing to announce yet, but we are definitely actively exploring NFTs and how we can make them more accessible to a wider audience,» Mosseri said in an Instagram story posted Saturday.
«I think it's
Read more on markets.businessinsider.comAbout this in other media
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Instagram Mulls Integrating NFTs In Its Platform cryptonews.com /3 years ago
Elon Musk says the metaverse seems more like a marketing buzzword right now than a reality markets.businessinsider.com /3 years ago
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