Mark Zuckerberg confirms NFTs are coming to InstagramMarch 16, 2022 - 10:33 AMT PanARMENIAN.Net - NFTs will soon be coming to Instagram. Speaking at SXSW, Mark Zuckerberg confirmed that digital collectibles would be arriving on Instagram “in the near term,” Engadget reports. “We're working on bringing NFTs to Instagram in the near term," he said. He didn’t detail exactly how that would take shape, but suggested people would be able to show off their existing NFTs and potentially mint new ones. "I'm not ready to kind of announce exactly what that's going to be today. But over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment.” Zuckerberg and other execs have previously expressed an interest in NFTs, with Instagram’s top executive Adam Mosseri saying the company was “actively exploring” the technology. The Financial Times reported in January that the company was hoping to add NFTs into its crypto wallet Novi. Speaking Tuesday, March 15, Zuckerberg also said that NFTs could one day play a role in the company’s eventual metaverse. “I would hope that you know, the clothing that your avatar is wearing in the metaverse, you know, can be basically minted as an NFT and you can take it between your different places,” he said, “There's like a bunch of technical things that need to get worked out before that'll really be seamless to happen.” Zuckerberg, who famously used to wear the same gray t-shirt every day, also shared that he now does most of his shopping on Instagram and Facebook. “Probably most of the stuff that I wear, I probably bought through an Instagram, or Facebook Shops or ads,” he said. Photo: Getty Images Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. Armenian government besieged by protesters Protesters led by Archbishop Bagrat Galstanyan poured into Yerevan’s Republic Square to try to surround the seat of Armenia’s government. Armenia, Russia agree on repairing railway destroyed in floods Yerevan and Moscow have agreed to repair a flood-stricken railway in northern Armenia. |