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Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

Published 01/20/2022, 09:31 AM
Updated 01/20/2022, 11:40 AM
© Reuters.

Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook (NASDAQ:FB) and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens.

Meta is also discussing potentially launching a marketplace that allows the buying and selling of NFTs. However, while the news may excite millions of NFT enthusiasts that use social media, all of the projects are within the earliest stages and may still change accordingly.

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