Tech giant Meta announced on 2 November that the company will soon allow creators to make their own digital collectibles on Instagram and sell them both on and off the platform. It will initially partner with the Polygon blockchain to provide an end-to-end toolkit for them to create, showcase and sell their digital collectibles. The company’s head of commerce and financial technology, Stephane Kasriel, said no fees would be charged to create or sell NFTs until 2024, and Meta will cover the buyers’ blockchain gas fees at launch, though the exact launch timeline was not specified. These new features would first be tested with a small group of creators in the US.

Source: https://cointelegraph.com