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Instagram Is considering NFT Integration

Anna Martynova

Instagram is actively exploring non-fungible tokens (NFTs) and how the platform can make them more accessible to users, Instagram CEO Adam MOSSERI announced on Saturday.

In Q&A section of Instagram Adam Mosseri said:

"Nothing to announce yet but we are definitely actively exploring NFTs and how we can make them more accessible to a broader audience."

In July of this year, app developer Alessandro PALUZZI suggested Instagram would provide its own NFTs as the platform considered working on collectibles. According to Paluzzi's tweets, Instagram posts that NFT suggest may have the "Collectible" label. However, the platform has not yet confirmed this information.

Image: 3DNews

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