According to the Financial Times, Meta is developing ways to create, display and sell NFTs on Facebook and Instagram. TechCrunch reports: The company’s Novi wallet technology would power much of the “supporting functionality,” one tipster said. Instagram is reportedly testing a way to showcase NFTs, while Meta is also said to be discussing a marketplace that would help you buy or sell these digital collectibles.
The company has already declined to comment, and the sources cautioned the effort was still early and could change.However, Instagram leader Adam Mosseri said in December that his social network was “actively exploring” NFTs. The technology is on the company’s mind, at least. Twitter appears to have beat Meta to the chase. According to Engadget, the social media company is testing a new feature that allows NFT owners to authenticate NFTs displayed in their profile photos. It’s currently only available for Twitter Blue subscribers, but the authentication symbol will be visible to everyone on Twitter.
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