News NFTs

Instagram is launching NFTs, Mark Zuckerberg confims at SXSW

Instagram launching NFTs

Instagram is booming in the age of digitalistaion. The platform’s publicity keeps on increasing with the time due to continuity In bringing new features like Story, Igtv, reels and now NFTs. Yes, you heard it right Instagram is launching NFTs, Mark Zuckerberg comfirms this at SXSW.

Non-Fungible Tokens are digital assets that contains ownership over art, collectibles, games etc that can be now assessed over Instagram too in several upcoming months.

NFTs uses the same blockchain technology as crytocurrency but are not declared as a currency yet. The news also confirms that Instagram and Facebook may allow to buy and sell NFTs on the platforms and allow NFT profile pictures to distinguish such accounts.

Check out News For Latest Updates on Cryptocurrencies and NFTs

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