Has Instagram just saved NFTs?

A screenhot of NFTs being displayed on a phone using Instagram
(Image credit: Meta)

NFTs will arrive on Instagram as early as this week, Meta has revealed. But as the non-fungible token market collapses has the Facebook giant arrived too late or just in time to save this blockchain technology.

NFTs are a way to register digital files, including art, on a blockchain where they are immutable – meaning they can't be deleted, tampered with or altered – creating rarity. We have a guide that answers the question, What are NFTs? if you need more info. Also, take a look at our feature on how to create an NFT for free.

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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.