Instagram users will now be able to showcase their blockchain art in the form of non-fungible-tokens (NFTs) on the platform, says a new report by Coindesk. According to the report, Meta-owned Instagram will integrate with Ethereum, Polygon, Solana and Flow blockchain networks to facilitate this. Users will have to add their crypto wallets such as Metamask and prove their NFT ownership before showcasing it on the platform.
The pilot launch won’t charge users for posting and sharing an NFT. Initially, Twitter did for its hexagonal NFT profile pictures in January. Currently, it isn’t immediately clear whether Instagram would support NFT from all four chains at launch. As per the report, Instagram will allow a small group of NFT enthusiasts based in the US to test the feature.
Earlier in March, Meta Inc. CEO Mark Zuckerberg said Instagram is exploring plans to add NFTs to the platform. “We’re working on bringing NFTs to Instagram in the near term,” said Zuckerberg while speaking at a session by Southwest, reported Engadget.
However, he didn’t clarify how Meta wants to implement NFT to its platforms. “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,” Zuckerberg was quoted as saying by The Verge.