Wednesday, May 25, 2022
  • English
  • Marathi
No Result
View All Result
Daily PRABHAT
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science
Daily PRABHAT
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
Home Technology

Mark Zuckerberg planning to launch NFTs on Instagram

by Digital Desk
2 months ago
in Technology
A A
Mark Zuckerberg planning to launch NFTs on Instagram
Share on FacebookShare on Twitter

Washington : As NFTs are all the rage these days, Facebook chief executive officer (CEO) Mark Zuckerberg is planning to let Instagram users mint non-fungible tokens (NFTs) on the social media platform.

As per The Verge, Mark made the announcement at the session at South By Southwest, but did not provide a specific date for when NFTs might drop on Instagram.
For the unversed, Non-fungible tokens (NFTs) are a digital certificate of ownership of a piece of digital asset that can be bought and sold.

During his speech, Mark stated that he hopes one day that users will be able to mint the clothes of their digital avatars as NFTs, but admitted there is still work to do before that can happen.

Instagram won’t be the first major social network with an NFT integration. Earlier this year, Twitter introduced a feature that let some users set an NFT they own as their profile picture.

 

Tags: InstagramMark ZuckerbergNFTWashington
ShareTweetSendShareSend

Latest News

Bharat Bandh today over caste-based census demand

Punjab Minister’s arrest: Haryana CM Khattar takes swipe at AAP, says several MLAs are in jail

Telangana Congress urges state govt to remove Veer Savarkar’s portrait from museum

IPL 2022: GT skipper Hardik Pandya thanks his family after Gujarat beat RR to book spot in final

Biden blames Texas school shooting on ‘gun lobby,’ demands ‘gun laws’

Monkeypox virus detected in Portugal less aggressive, researcher says

Texas school shooting: Death toll rises to 21, UN Secretary-General extends condolences to victims’ families

J-K LG meets cricketer Umran Malik, says govt will take care of his training

Slogan directed towards RSS: PFI on child raising ‘hate slogans’ in rally

Centre allows duty free import of 20 Lakh MT crude soyabean, sunflower oil

Washington : As NFTs are all the rage these days, Facebook chief executive officer (CEO) Mark Zuckerberg is planning to let Instagram users mint non-fungible tokens (NFTs) on the social media platform. As per The Verge, Mark made the announcement at the session at South By Southwest, but did not provide a specific date for when NFTs might drop on Instagram. For the unversed, Non-fungible tokens (NFTs) are a digital certificate of ownership of a piece of digital asset that can be bought and sold. During his speech, Mark stated that he hopes one day that users will be able to mint the clothes of their digital avatars as NFTs, but admitted there is still work to do before that can happen. Instagram won't be the first major social network with an NFT integration. Earlier this year, Twitter introduced a feature that let some users set an NFT they own as their profile picture.  
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science