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Instagram will integrate NFTs starting this week, says Mark Zuckerberg

Mark Zuckerberg, CEO of Meta (the company that owns Facebook), announced in a video this Monday (9) that Instagram will start testing integrations of non-fungible tokens (NFTs) this week.

CoinDesk reported the news early, noting that the selected blockchains are Ethereum (ETH), Polygon (MATIC), Solana (SOL) and Flow (FLOW).

However, Zuckerberg did not elaborate on which blockchains would be supported in this first step.

“We are starting to build NFTs not only in our metaverse and Reality Labs, but also in our family of apps,” Zuckerberg said in the video. “We will bring similar functionality to Facebook soon.”

The company said it is also working on three-dimensional augmented reality NFTs with its Spark AR software, which will first be compatible with Instagram Stories.

In a Twitter post, a Meta representative confirmed that supported third-party wallets at this time will be Metamask, Rainbow, and TrustWallet. By connecting their wallets, users will be able to prove ownership of the NFT, display them on their profiles and tag the creators of the arts.

CoinDesk said over the weekend that Instagram will not charge users for posting and sharing NFTs, unlike what Twitter initially did for its profile pictures in January.

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