Saijo George

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tuesday10 May 2022

Instagram To Start Testing NFTs With Select Creators This Week

https://techcrunch.com

Instagram head Adam Mosseri announced today that the platform is going to start testing NFTs with select creators in the United States this week. Mosseri noted that there will be no fees associated with posting or sharing a digital collectible on Instagram. At launch, the supported blockchains for showcasing NFTs on Instagram are Ethereum and Polygon, with support for Flow and Solana coming soon. The third-party wallets compatible for use at launch will include Rainbow, MetaMask, and Trust Wallet, with Coinbase, Dapper and Phantom coming soon.

Creators and people who are part of the test can now share NFTs that they’ve made or that they’ve bought. You can share these NFTs in your main Instagram Feed, Stories or in messages. Mosseri outlined that only a limited number of people have access to the Instagram test, but the company plans to roll out more functionality related to NFTs in the future once it gets feedback from its initial testing.

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