Instagram to launch new feature for users across the World
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*Meta owner Mark Zuckerberg has said that Instagram will start testing NFTs this week to help online content creators post and make money from their digital artworks. *
CEO of Meta Mark Zuckerburg has announced that Instagram will start testing non-fungible tokens (NFT) in the coming week.
An NFT is a unique digital token encrypted with an artist’s signature, which verifies its ownership and authenticity and is permanently attached to the piece.
Anything digital such as photos, videos, GIFs, Music or any kind of artwork can be turned into an NFT.
Zuckerberg said in an update on his Facebook profile, ‘This week we’re starting to test digital collectibles on Instagram so creators and collectors can display their NFTs on their profile.’
He added, ‘Similar functionality is coming to Facebook soon, along with augmented reality NFTs on Instagram Stories via Spark AR so you can place digital art into physical spaces.’
