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Instagram “activates” the NFT integration, says CEO

                                                            Laut dem CEO von Instagram, Adam Mosseri, untersucht die Plattform aktiv NFTs und Möglichkeiten, sie für ihre wachsende Benutzerbasis zugänglicher zu machen.

Mosseri reportedly made the comments in an Instagram Q&A over the weekend. One idea would be to mark Instagram posts that offer NFTs as “collectibles”. He said there wasn’t an official announcement yet, but things seem to be going on behind the scenes.

“There’s nothing to announce yet, but we’re definitely actively researching NFTs and how we can make them more accessible to a wider audience.”

Mosseri added that they wanted to help content creators and said, “I think it’s an interesting place to play and also a way to hopefully help the creators.”

Instagram collectibles already in development

The Facebook (now renamed Meta) operated social platform for sharing photos is said to have tried its hand at the beginning of the year in the NFT area. It is possible that there is a collaboration with Meta and its great Metaverse endeavors.

Digital artist Sean Williams revealed some of those plans back in May when he said Instagram was working on an NFT platform targeting emerging artists in the NFT space.

In addition, at the end of June, app developer Alessandro Paluzzi shared details about the possibility of NFTs on Instagram. At that time, he posted screenshots of the “collectibles”, which stated that the social media platform was actively working on their integration.

In October, he published that Instagram is continuing to work on “collectibles” by adding the ability to connect a digital wallet like MetaMask. In early December, Paluzzi said more wallets had been added, specifically mentioning Coinbase, TrustWallet and Novi.

Mosseri also mentioned some new features, like profile embeds, which expand the ability to embed photos and videos in user profiles. This could also tie in with “collectibles” if users want to show their NFT as a profile picture, as many are already doing on Twitter.

The newest big name for NFTs is RadioShack, which is a new one this weekend NFT-Collection announced.

Outlook on the NFT ecosystem

The non-fungible token scene is still a hotbed of activity as this year comes to an end. It sold $ 335 million in the past week, according to Nonfungible, an industry-tracking website. NFT’s weekly sales were up 12,780% since the beginning of the year, when only one value of $ 2.6 million was shifted every seven days.

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Source: Crypto News Deutsch

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