Instagram Looking to Implement NFT Collectibles on User Profiles
Instagram appears to be working on implementing NFT features on its app according to mobile developer and leaker Alessandro Paluzzi. The mobile developer has a knack for finding mobile updates ahead of time. Instagram could be looking to implement its own form on non-fungible tokens in the upcoming future according to Paluzzi. Paluzzi commented on his findings on Twitter, showing potential updates to both Twitter and Instagram. Both platforms appear to be looking to implement big updates to their current offering. Twitter could be looking to add two new services in Chipper Cash and Wealthsimple. Instagram collectibles More importantly, Paluzzi mentioned that “Instagram continues to work on Collectibles. Here‘s the onboarding screen,” he stated. According to the developer’s sleuthing, Instagram posts that offer NFTs, will have the “Collectible” label on it. This will show users that there is a purchasable NFT on the post. Instagram has yet to publicly announce the launch of an NFT offering on its platform. However, the company has made mention of potentially adding payment features into the platform. Head of Instagram, Adam Mosseri has previously spoken about tools that could help creators make a living through the app. Instagram discusses monetization for creators Mosseri was speaking at Instagram‘s Creator Week