Instagram platform is to test NFTs
The head of Instagram Adam Mosseri mentioned in a video several hours ago that this social platform is going to begin testing NFTs with some selected creators in the United States in the following week and he also mentioned that there won’t be fees for posts or sharing a digital collectible on Instagram.
At the launch time, the chosen blockchains for supporting NFTs on Instagram will be Ethereum and Polygon, and soon after Flow and Solana may support it. Third person Compatible wallet for utilizing is going to be Rainbow, Trust Wallet and MetaMask.
Some selected collectors can share their NFTs right now NFTs that they’ve designed or those they have bought. They will be able to share NFTs in main posts, Stories, or private messages.
Mosseri declared that some selected number of people will have the ability of this test, but then the company aims to add more features about NFTs than after, but after it gets feedback from this initial test.
The Head of Instagram also declared that “the creator economy is incredibly important to Instagram”, but there is some unpredictable challenging outcome which instagram is looking for, and also a lot of these ways to make money are changing fast. Mosseri mentioned this being will give a great opportunity for the creators’ subset.