NFTs Are Coming to Instagram in Several Months, Zuckerberg Confirmed

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by Agne Cimermanaite

Published: Mar 17, 2022 at 10:19 am Updated: Jun 06, 2022 at 10:19 am 2

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Agne Cimermanaite

Published: 17 March 2022, 10:19 am Updated: 06 Jun 2022, 10:19 am

At the South by Southwest (SXSW) conference held in Austin, Texas, the CEO of Meta, Mark Zuckerberg, discussed the metaverse and noted Instagram’s plans to integrate NFTs. Without giving many details or the exact date, Zuckerberg ensured that Meta’s team is actively working to bring non-fungible tokens into the platform “in the near term.”

Instagram should enable users to mint and showcase their NFTs and use them as profile pictures. In January, Twitter rolled out the feature to allow users to upload their verified NFTs as a hexagon-shaped profile picture; Reddit followed the path and tested NFT profile picture functionality less than a week after Twitter’s announcement.

The entrepreneur believes that digital items, for instance, virtual clothing, could one day have a market as extensive as the one for physical items. In the SXSW interview, he also mentioned that Meta could one day integrate NFTs into its metaverse:

“I would hope that you know, the clothing that your avatar is wearing in the metaverse, you know, can be basically minted as an NFT and you can take it between your different places. There’s like a bunch of technical things that need to get worked out before that’ll really be seamless to happen.”

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Agne Cimermanaite

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected]

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