Meta CEO and Founder Mark Zuckerberg say Instagram to launch Non-Fungible Token (NFTs) in the near future. Zuckerberg made the remarks while speaking at SXSW.
“We are working on bringing NFTs to Instagram in the near term,” Zuckerberg said in a conversation with Shark Tank and FUBU’s Daymond John.
“I’m not ready to announce exactly what that’s going to be today, but, over the next several months, the ability to bring some of your NFTs in, and hopefully over time be able to mint things within that environment.”
Zuckerberg’s confirmation about Meta launching the NFTs comes after Head of Instagram Adam Mosseri gave a hint late last year.
“I think it’s an interesting place that we can play and also to hopefully help creators,” Mosseri said in an Instagram story.
“I would hope that the clothing that your avatar is wearing in the Metaverse can be minted as an NFT and you can take it between different places,” Zuckerberg said.
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