Latest News

Instagram Is Seriously Considering An NFT Integration, According To CEO

As per Information on Instagram chief executive officer, Adam Mosseri. Notably, the platform is exploring NFTs and possible ways of leveraging it.

Furthermore, Mosseri reveals this through some comments in an Instagram Q&A over the weekend. Of course, a suggestion notes labeling Instagram posts that offer NFTs as “collectibles.”
However, Instagram chief executive officer, Adam Mosseri, says there’s no official announcement yet.

“Nothing to announce yet but we are definitely actively exploring NFTs…”
“and how we can make them more accessible to a broader audience.”

Also, Instagram chief executive officer, Adam Mosseri notes planning to help content creators, stating,
“I think it is an interesting place that we can play and also a way to hopefully help creators.”

Furthermore, Facebook (now Meta) , a photo sharing social platform, is under rumors of going into the NFT space.

Lastly, Digital artist Sean Williams confirms that Instagram is working on an NFT platform. Thereby, reaching out to upcoming artists in the NFT space.

Related Posts – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.