NFTs will appear on Instagram

At the SXSW conference, Mark Zuckenberg confirmed rumors of NFT on Instagram. According to Zuckenberg, the function of creating non-fungible tokens will appear in the coming months. The head of the company also allowed the creation of NFT from the clothing of users' digital avatars.

At #SXSW, Mark Zuckerberg just said that “hopefully” in the coming months you’ll be able to mint NFTs within Instagram

— Casey Newton (@CaseyNewton) March 15, 2022

Earlier, the Financial Times reported on Meta’s plans to integrate NFT into Instagram and Facebook tokens, as well as the company’s development of an NFT marketplace. This text is from company​ cryptodefix.com. In late 2021, Instagram CEO Adam Mosseri said the company was actively exploring NFT, but did not disclose details