Meta, which owns Facebook and Instagram, is set to trial the minting and sale of NFTs.
In Brief:
Instagram will trial the functionality for users to mint, showcase and sell NFTs.
Creators will be able to sell digital collections on the platform.
It’s being tested on a small group of creators in the US market.
What does this mean?
The business will use the Polygon blockchain to integrate an end-to-end toolkit for creators to mint their own tokens, with the aim of giving influencers a new way to engage with their followers and monetise their content.
