Most companies and social media platform are joining the Non Fungible Tokens (NFTs) bubbles.
According to tech news reports, Facebook and Instagram’s parent company is currently developing ways to create, display and sell NFTs on both platforms.
One insider said Meta plans to use the company’s Novi wallet technology would power much of the ‘supporting functionality.’
Instagram leader Adam Mosseri said in December that his social network was “actively exploring” NFTs.
It makes sense for both platforms, Facebook and Instagram to venture into Non Fungible Tokens (NFTs) space, because already they have an audiences on their platforms, they can able to trade amongst themselves.
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