Meta CEO and founder Mark Zuckerberg says the technology conglomerate is experimenting with digital collectibles on two of its biggest social media brands.
Zuckerberg says that Meta will initially test non-fungible tokens (NFTs) on Instagram and then Facebook before rolling out NFTs to other apps.
“We’re starting building for NFTs not just in our metaverse and Reality Labs’ work, but also across our family of apps.
And one of the new things that I wanted to announce and share today is we’re starting to test digital collectibles on Instagram so that creators and collectors can display their NFTs…
I’m really excited to start testing this. We’re going to bring similar functionality to Facebook soon too. And then maybe to other apps in our family.”