Meta's bold plans for an Instagram NFT marketplace revealed

Meta has been on a journey to turn its platforms, including Instagram and Facebook, into metaverse-enabled Web 3 spaces, now it looks like that process is in the fast lane as Instagram is being turned into an actual NFT marketplace.

Not only will Meta enable creators to mint and sell NFTs on Instagram, but Meta won't be charging gas fees - the cost to register an NFT on a blockchain - which could really shake up NFT marketplaces. Currently the best NFT marketplaces charge gas fees, so this could make them rethink how creators use these platforms to launch NFT art. If Meta is serious about making NFTs work, this is a good start.

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Editor, Digital Arts & 3D

Ian Dean is Editor, Digital Arts & 3D at Creative Bloq, and the former editor of many leading magazines. These titles included ImagineFX, 3D World and video game titles Play and Official PlayStation Magazine. Ian launched Xbox magazine X360 and edited PlayStation World. For Creative Bloq, Ian combines his experiences to bring the latest news on digital art, VFX and video games and tech, and in his spare time he doodles in Procreate, ArtRage, and Rebelle while finding time to play Xbox and PS5.