Meta CEO Mark Zuckerberg revealed in a video Monday that Instagram will begin testing non-fungible token (NFT) integrations this week. The company says it’s also working on three-dimensional, augmented-reality NFTs with its Spark AR software, which will first be compatible with Instagram stories.
Zuckerberg said in the video;
“We’re starting building for NFTs not just in our metaverse and Reality Labs work, but also across our family of apps,”
“We’re going to bring similar functionality to Facebook soon.”
In a Twitter thread published by a Meta spokesperson, the business claimed the compatible third-party wallets would be MetaMask, Rainbow and TrustWallet. Instagram will initially accept Ethereum-based NFTs, with connectors for the Polygon, Solana, and Flow to be introduced later, the post also said.