Zuckerberg: NFT is coming to Instagram.

Zuckerberg: NFT is coming to Instagram.

Meta CEO Mark Zuckerberg announced a few days ago that the Instagram social platform would integrate unmistakable tokens (NFT) into its systems. Is another NFT missile boom coming?

"WE ARE WORKING TO INTRODUCE NFT ON INSTAGRAM SHORTLY. I AM NOT READY TO DECLARE EXACTLY WHAT WILL BE LIKE TODAY. BUT OVER THE NEXT MONTHS, THE ABILITY TO BRING SOME OF YOUR NFT, LET'S HOPE YOU WILL BE THROUGH THINGS IN THIS ENVIRONMENT IN TIME. ”

At the SXSW conference, Zuckerberg also revealed that the NFT could one day play a role in a possible metaverse of the company. He stated:

"I WOULD LIKE YOU TO KNOW THAT THE CLOTHES YOUR AVATAR WAS ON YOU IN METAVERSE CAN BE EMBOSSED AS AN NFT AND YOU CAN TAKE IT BETWEEN DIFFERENT ENVIRONMENTS. IT'S A LOT OF TECHNICAL THINGS THAT NEED TO BE SOLVED BEFORE THEY HAPPEN AND PROBLEM-FREE. ”

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Mark Zuckerberg and his team have expressed an interest in unmistakable tokens in the past. Instagram director Adam Mosseri revealed earlier this year that the company is actively researching new technologies.

Instagram is not the only social platform that is considering integrating the NFT into its systems. The social giant Twitter is equally interested.

At the time of writing, the price of BTC is around $ 41,258 according to CMC.

Conclusion

Mark Zuckerberg unveiled his metaverse project a few months ago. It came at a time when the company changed its name to Meta. We will certainly find out more about the NFT on Instagram soon.