The Morning After: NFTs are coming to Instagram

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Just when I thought the NFT chaos had calmed, here comes Instagram. Speaking at SXSW, Mark Zuckerberg confirmed digital collectibles would be arriving on Instagram “in the near term.” Zuckerberg said NFTs could one day play a role in the company’s eventual metaverse. “I would hope that, the clothing that your avatar is wearing in the metaverse… can be basically minted as an NFT, and you can take it between your different places,” he said.

SXSW 2022 is this week, and we’re remotely reporting on all the major panels, announcements and reveals. Just, sadly, without the Austin food scene on hand.

— Mat Smith

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