'NFTs are coming to Instagram soon,' said Mark Zuckerberg.



During the large-scale event

SXSW 2022 held in Austin, USA from March 11th to March 20th, 2022, Meta CEO Mark Zuckerberg said, 'Introducing NFT in the near future of Instagram. It is reported that he said, 'I will do it.'

Meta Boss Mark Zuckerberg Says NFTs Are Coming to Instagram in a Big Way at SXSW
https://www.thedailybeast.com/meta-boss-mark-zuckerberg-says-nfts-are-coming-to-instagram-in-a-big-way-at-sxsw



Mark Zuckerberg Says NFTs Are Coming Soon to Instagram
https://www.coindesk.com/business/2022/03/15/mark-zuckerberg-says-nfts-are-coming-soon-to-instagram/

Mark Zuckerberg Confirms NFTs are Coming to Instagram | PetaPixel
https://petapixel.com/2022/03/15/mark-zuckerberg-confirms-nfts-are-coming-to-instagram/

NFTs will be on Instagram soon, according to Mark Zuckerberg --The Verge
https://www.theverge.com/2022/3/15/22979926/instagram-nfts-meta-zuckerberg-sxsw-metaverse

Facebook CEO Mark Zuckerberg of Meta participated in the SXSW 2022 ' To Metaverse: Creator Commerce Connection ' session on March 15, 2022. In this, CEO Zuckerberg said, 'We are working to introduce NFTs to Instagram in the near future. We will not elaborate on how it will be shaped, but we will showcase existing NFTs and introduce new NFTs. I suggest that you may be able to create it. '' In the coming months, we will introduce some NFTs and take the time to create various things in that environment. I hope I can do it. '

There have been rumors that Instagram may be introducing NFTs. Facebook mentioned in its presentation when it changed its name to Meta in October 2021 that Metaverse will support NFTs. In December 2021, Instagram's top executive Adam Morris said he was 'actively investigating' NFTs.



Furthermore, in January 2022, Meta was reported to be 'planning to introduce NFT to Facebook and Instagram.'

NFT display function on Facebook and Instagram and movement to open marketplace --GIGAZINE



Also, Zuckerberg seems to be planning to release the avatar introduced in the Metaverse as an NFT, 'The clothes that the avatar wears in the Metaverse can basically be created as an NFT. We hope that this NFT can move between different platforms, 'he said, and is considering introducing NFT avatars that work on different platforms.

Zuckerberg argues that turning Instagram into a shopping platform is a legitimate idea, citing 'I do most of my shopping on Instagram and Facebook' as one of the reasons. 'Most of the clothes I usually wear were probably purchased through Instagram and Facebook shops and ads,' Zuckerberg said, arguing the legitimacy of social media integration with shopping platforms. I am.



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