According to Meta CEO Mark Zuckerberg, disclosures continue to occur in several reports. Cases that arise on the subject of metaverse development include:

-Instagram, one of the most important social networks for photos and videos belonging to Meta, begins to support NFTs.
-Actions are taken to increase the importance of Metaverse for the company.

Mark Zuckerberg spoke at the recently held Austin’s South by Southwest Festival. In his speech, he gave information about the technical difficulties in Instagram. Explaining that he has many plans to solve the technical difficulties, in particular, Mark also shared the details in his statement.

NFTs Are On The Agenda and Explanations Continue!

Words cited by CEO TechCrunch mentioned the ability to fetch some of the NFTs and the ability to print things. In addition, other information on this subject continues to be on the agenda. Especially Hannah Murphy, who works as a technology reporter at the Financial Times, also explained the possibilities about Zuckerberg’s views on the subject. Financial Times also explains that he had the idea to print avatar outfits for the metaverse as NFT by Zuckerberg.

-The head of Instagram, Adam Mosseri, made statements about the NFT plans that will take place in December. Adam has confirmed that his NFT plans will come true. He also stated that he will actively research NFTs on popular social media platforms. He elaborated on the mass plans for NFTs that would enable them to appeal to a wide audience.
-They work to ensure compliance by providing broad vision development for Instagram parent companies that share details about NFT plans.
-Facebook, in its statements made at the end of last year, also stated that it will be called the Meta name, reflecting their goals and plans for developing the metaverse.
-Also, in the statement made yesterday, Mark Zuckerberg reiterated their commitment to metaverse development. In this way, they added their planning, which is called the next part of the internet.

In summary, Instagram will not appear to be one of the first social networks to integrate NFTs. Earlier in the year, Twitter, one of the leading platforms of social media, allowed some users to use internal NFTs as profile pictures. It is also very important that these profile pictures are verified. For this reason, it is curiously expected in which direction the development of the metaverse will progress.