Facebook’s Mark Zuckerberg announces plans to launch NFTs on Instagram

Zuckerberg said that Instagram users can start minting their NFTs in the near term.
This project will give a boost to its parent firm Meta in its plans to bring NFT use cases in the Metaverse.

Meta Inc. chief Mark Zuckerberg has come out clean about plans of introducing non-fungible tokens (NFTs) on the social media platform Instagram. Meta’s Instagram has been quite a popular app for images, videos, and short videos and gives creators a unique opportunity to sell their non-fungible tokens (NFTs).
This is also the first time Zuckerberg admitted their involvement in an NFT project. Speaking at the session at South By Southwest, Mark made the announcement. “We’re working on bringing NFTs to Instagram in the near term,” he said.
However, the Facebook founder hasn’t provided any specific details as to when they will introduce NFTs on the platform. The non-fungible tokens (NFTs) provide digital ownership on a blockchain for unique content, art pieces, and products. Thus, they h

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