Instagram’s parent company, Meta, announced Wednesday that it is working on an NFT minting and sale feature for its app. The upcoming “end-to-end toolkit” for NFTs will enable users to create and sell their own NFTs on Instagram. “A small group of creators will soon be able to create digital collectibles (NFTs) and sell them directly on Instagram,” said Stephane Kasriel, Meta’s Head of Commerce and Fintech. Instagram will use the Polygon blockchain for NFT minting at launch. The app will also retrieve NFT metadata from OpenSea in order to display collection names and descriptions on Instagram.
