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March 19, 2022

Mark Zuckerberg Announces Instagram NFT Project

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Mark Zuckerberg spoke about Instagram, the metaverse, and NFTs at the SXSW conference this week. The CEO hopes that virtual avatar clothing and other goods in the metaverse will be minted as NFTs. Furthermore, Mr. Zuckerberg stated that Meta is considering NFT use on Instagram as the social media company continues to research and develop web3 technologies. (Fortune)

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