Instagram is working on a NFT platform

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Instagram is working on a NFT platform

The NFT sector has become essential, all sectors of activity are concerned and the development potential in the world is enormous.

As we have seen in many articles, NFTs have taken many industries by storm, whether it is art with the sale of digital works of artmusic or movies.

Social networks such as Facebook or Instagram cannot afford to miss the NFT train and therefore seem to be working on developing NFT platforms as well.

NFT creator artist Sean Williams revealed in several Twitter posts that Instagram invited him and other artists to participate in a panel focused on NFTs and provide their thoughts on how which the company could “create a better platform for creators”.

STORY TIME:

INSTAGRAM IS BUILDING AN NFT PLATFORM RIGHT NOW AND THEY’RE REACHING OUT TO UPCOMING ARTISTS IN THE NFT SPACE TO HELP THEM BUILD IT.

THE CATCH?

They’re reaching out to artists IN OUR COMMUNITY to give them insight on what the NFT community needs

Due to the audience that social networks like Facebook and Instagram can have, the NFT market is a business boon that should not be let slip away, a growth driver that social networks therefore intend to exploit.

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The artist says Instagram has offered $1,000 to participate in this “Creator Week” artist panel and is being asked to sign a confidentiality agreement (NDA).

While eBay has just integrated the sale of NFT into its popular auction platform, expect to see NFT on Instagram soon.

An NFT sector that is arousing the greed and commercial interest of internet and digital giants.

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