According to Instagram CEO Adam Mosseri, the platform is actively exploring ways in which it could provide its users with access to NFTs.
Mosseri stated:
There is nothing to announce yet, but we are actively exploring NFTs and how we can make them more accessible to the general public. At the same time, we want to help content creators make money from their creations.
According to Nonfungible, $335 million in NFTs were sold at auction in the last week alone. Since the beginning of the year, the weekly volume has increased by 12.780% - in January this figure was only $2.6 million.
Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies
According to cryptopotato.com
You May Also Like
PussyRiot sold an NFT of the Ukrainian flag for $6.75 million
The funds received will be sent to organizations that help victims of the war in Ukraine.
Hackers have learned to use NFTs to hack crypto wallets
Over the past year, NFTs have become a multi-billion dollar sector. With the proliferation and increase in cash flow, NFTs are creating quite a lucrative opportunity for scammers.
