Meta, Instagram’s parent company, is set to start testing NFTs on Instagram Stories using Spark AR, its augmented reality platform, so NFT creators and collectors can share their digital collectibles on Instagram, then later on Facebook.
“We’ll bring this feature to Facebook soon too — starting with a small group of US creators — so people can cross-post on Instagram and Facebook. We’ll also test NFTs in Instagram Stories with SparkAR soon.” – Mark Zuckerberg, Meta’s CEOcointelegraph
Earlier this week, Meta also announced it would join with other tech companies to create a Metaverse standards body. The group intends to build the next version of the web and develop a shared ethos for Web3 and the Metaverse. Some of the companies who joined the initiative include Adobe, Epic Games, Microsoft, Nvidia, and Qualcomm; Apple was noticeably missing from the pack.