• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Cryptocurrency

Confirmed: Zuckerberg Says NFTs Are Coming To Instagram

Ayoola by Ayoola
March 16, 2022
in Cryptocurrency, Social Media
Share on FacebookShare on Twitter

Image Source: Social NFT

Non-fungible tokens (NFTs) a non-interchangeable unit of blockchain stored data, that has come to be an important digital ledger that can be traded.

The iteration of the internet known as the Metaverse is a project many tech companies are latching on and of note is Facebook now Meta direct investment in the project culminating in the name change.

Meta Inc CEO adequately availed of the importance of the NFTs to the Metaverse mention has confirmed that the digital collectibles would be coming to Instagram ‘in the near term’.

He said while announcing the launch of the move:

“We’re working on bringing NFTs to Instagram in the near term,” he said. He didn’t detail exactly how that would take shape, but suggested people would be able to show off their existing NFTs and potentially mint new ones. “I’m not ready to kind of announce exactly what that’s going to be today. But over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment.”

Mark Zuckerberg and of course his other Meta Inc executives had in the past  shown interest in NFTs and this was largely evident when Instagram head, Adam Mosseri averred that the company would be ‘actively exploring’ the technology. This is in direct alignment with the Financial Times January report that revealed that the company would be looking to add NFTs into Novi, it’s crypto wallet.

Zuckerberg in a speech on Tuesday opined that NFTs would one day plat a vital role in the company’s eventual 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,” he said, “There’s like a bunch of technical things that need to get worked out before that’ll really be seamless to happen”, he said.

The Meta Inc CEO also shared an insight into how he performs most of his shopping on Instagram and Facebook.

“Probably most of the stuff that I wear, I probably bought through an Instagram, or Facebook Shops or ads,” he said.

Related Posts:

  • meta-stops-nft-support-on-facebook-and-instagram
    Meta Is Giving Up On NFTs For Facebook And Instagram
  • Facebook And Instagram Join The List Of Social Platforms Integrating NFTs Onto Their Platforms, Now Let Users Post NFTs
    Facebook And Instagram Join The List Of Social…
  • Meta Enlist Africa and other Continents to Access NFT Collectibles on Instagram.
    Meta Enlist Africa and other Continents to Access…
  • Five Facts About The Metaverse You Need to Know
    Five Facts About The Metaverse You Need to Know
  • metaverse-la-gi-6421
    34% Of Gamers Are Interested In Using Crypto In The…
  • Metaverse-Crypto-Projects
    Top 10 Metaverse Blockchain Projects To Look Out For In 2022
  • meta-employee-39
    Meta To Sack 11,000 Employees In It's First Broad Layoff
  • Meta Changes Its Ticker Symbol From "FB" To "META" As It Bids The Facebook Era A Final Goodbye
    Meta Changes Its Ticker Symbol From "FB" To "META"…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: blockchaininstagramnft
Ayoola

Ayoola

Ayoola Faseyi, an Abuja based Journalist with interest in Technology and Politics. He is a versatile writer with articles in many renowned News Journals.He is the Co-Founder of media brand, The Vent Republic.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • NCC Requires Telecoms to Compensate for 24-Hour+ Outages May 26, 2025
    • Vietnam Will Soon block Telegram, App Owners are Surprised May 24, 2025
    • Widespread Downtime Reported By X Users May 24, 2025
    • MongoDB Enters Africa Through Nigeria Targeting $100B Digital Market May 24, 2025
    • Meta Quest’s Headgear Will Soon Support 3D Instagram Images May 24, 2025
    • Mozilla To Shut Down Pocket To Concentrate On Firefox May 24, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok