10 May 2022

Instagram begins testing NFTs

Written By FinTech Alliance

Instagram begins testing NFTs

Instagram has announced it will start testing NFTs next week.

In Brief: 

A small number of users will be able to display their non-fungible tokens on the platform. 

Creators and collectors will be able to share NFTs in their main feed, Stories and messages. 

They can link third-party digital wallets within the app. 

What does this mean?

Instagram users will be able to distinguish NFTs by a “shimmer” and attribution to both the creator and owner. 

Read more here. 

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