FB starts testing NFTs with select creators


California: Facebook has rolled out a test to support non-fungible tokens (NFTs) with a select group of creators in the US on its platform, as it aspires to capture the multi-billion dollar metaverse industry.

Navdeep Singh who is a product manager at Meta (formerly Facebook) shared screenshots of NFTs on Facebook late on Thursday.

“We’re launching NFTs on Facebook! Excited to share what I’ve been working on with the world,” he posted.

Last month, Meta CEO Mark Zuckerberg said that NFTs will soon arrive on Instagram.

Addressing one of the sessions at the ‘South By Southwest’s event, Zuckerberg said that “over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment”.