Meta, the parent company of Instagram Announce On Wednesday, it will begin testing NFTs on Instagram Stories using its augmented reality platform SparkAR.
CEO Mark Zuckerberg Speaking of announcements“We’re expanding our testing so that more creators around the world can showcase their NFTs on Instagram.” The company also mentioned in a recent post, “We’ll start sharing with Facebook later on. When the feature rolls out with select U.S. creators, creators and collectors will be able to share their digital collectibles on Facebook and Instagram.”
Zuckerberg confirmed that Facebook will support NFTs in the future:
“We’re also bringing this feature to Facebook soon — starting with a small group of U.S. creators — so people can cross-post on Instagram and Facebook. We’ll also be testing NFTs in Instagram Stories using SparkAR soon .”
In May, Meta releases digital collectibles company description As “a new way for consumers and creators to share NFTs on Instagram”.
Earlier this week, Meta also announced that it would join other tech companies to create a Metaverse standards body. The group intends to build the next version of the web and develop a shared spirit for Web3 and Metaverse. Some of the companies joining the program include Adobe, Epic Games, Microsoft, Nvidia, and Qualcomm; Apple has clearly disappeared from the pack.
Meta is not the only company looking to integrate NFTs.It follows social media rival Twitter, which Introduce NFTs to its platform Back in January. Twitter’s NFT support allows users to link ethereum-based wallets to their accounts and display their artwork as a profile picture.ebay recently Acquired Ethereum-based NFT marketplace KnownOrigin, take it to Web3.Even existing DeFi companies like Uniswap are starting to pass their Recently acquired NFT aggregator Genie.