Zuckerberg
Zuckerberg

Zuckerberg Says Meta’s Instagram Is Testing NFTs

Mark Zuckerberg, in the future, He said 3D NFTs will be promoted on Instagram.

He announced that Instagram has begun testing NFTs. announced that its 3D NFTs will be brought to Instagram Stories with Spark AR technology.

Instagram Includes NFTs on its Platform

Instagram head Adam Mosser said that a group of US-based users can use NFT features in their posts, stories and messages. Users can access all information of NFTs with one click.

I want to acknowledge upfront that NFTs and blockchain technologies, and Web3 more broadly, are all about distributing trust, distributing power. But Instagram is basically a centralized platform, so there is tension there.

Instagram will launch digital wallets like Rainbow, MetaMask, and Trust Wallet with Coinbase, Dapper, and Phanton, allowing users to share NFTs on their main streams, stories, and messages.

He said he wouldn’t be charged for sending NFT. He stated that this new feature will increase the popularity of NFT and crypto wallets.

Zuckerberg Bullish on Web3

Zuckerberg announced that this feature will not be exclusive to Instagram. This feature will also be used on other platforms belonging to Meta. Thus, it will provide a new form of expression for users.

According to the Deutsche Bank report, the use of NFT technology on Instagram will facilitate the process of trading such assets.

RELATED : NFT Market Grows 35% By 2027, Transforming Into a $13.6 Billion Industry

About Hama Amefiz

Amefiz is a professional blockchain, cryptocurrency and tech journalist, regular contributor to newsbsc.com who is writing analysis about the latest developments in the cryptocurrency and blockchain space.

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