In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans to introduce NFTs in the “near term.”
Meta CEO Hints NFT Features Are Coming to Instagram
It seems NFTs are coming to Instagram soon, according to statements from Meta’s CEO Mark Zuckerberg at SXSW this week. Zuckerberg spoke with Shark Tank’s Daymond John at the event, and he explained that Instagram users will be able to mint NFTs as well.
News concerning Instagram’s venture into the NFT world originally stemmed from the company’s CEO ,Adam Mosseri, during an AMA. Furthermore, the news publication the Financial Times (FT) spoke with unnamed sources familiar with the matter at the end of January 2022.
FT’s report quotes the unnamed sources who said both Meta and Instagram are conve
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