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.
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