Instagram Starts Testing NFTs as Sales of the Digital Collectibles Are Plummeting

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By Logan Mahan Speaking at SXSW this past March, Mark Zuckerberg announced non-fungible tokens (NFTs) would be coming to Instagram in the “near term.” Well, the near term is now-ish. This week, the social media platform that was once a simple photo-sharing app is beginning to test how the digital collectibles will function, allowing select creators to post or share or whatever the hell you’re supposed to do with an NFT on the app. Instagram head Adam Mosseri announced on Monday that there will be no fees associated with posting or sharing an NFT a user has created or bought. He also clarified …

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