top of page

Will we be able to create and sell NFTs on Instagram?

Instagram increases the number of ways to monetize the app once again. But to do so, you must have a solid profile with a strong audience and engagement level.

Non-fungible tokens (NFTs) may not be the billion-dollar blockbuster they once were, but that doesn't mean big tech companies have lost interest in them.

For example, Meta just unveiled new token creation and sales capabilities that would allow users to find novel ways to monetize their Instagram accounts.

All about NFTs on Instagram

The tools to create and sell NFTs are currently available to a small number of Instagram users in the United States. However, the company promises that they will be expanded to other countries in the near future. Of course, no prior timelines have been mentioned at the moment.

Another thing to keep in mind is that the exchange of non-fungible tokens via Instagram must comply with the guidelines of some app stores. Especially Apple's App Store. And Meta wasted no time in emphasizing this from the beginning.

Furthermore Meta has announced that no fees will be charged for creating or selling NFTs on Instagram until 2024.

0 views0 comments


bottom of page