Social giants also come to get a piece of the action, Meta intends to allow users to create and sell NFT

Facebook parent company Meta Platforms Inc (NASDAQ:FB) is working on plans to allow users to create, display and sell NFTs on Facebook and Instagram, according to people familiar with the matter Thursday.

The Facebook and Instagram teams are working on a feature that would allow users to display their NFTs on their social media profiles, media said. in addition, the teams are developing a prototype to help users create new NFTs. meanwhile, Meta plans to launch a trading platform that would allow users to buy and sell NFTs on it, people familiar with the matter said.

However, the people familiar with the matter also admitted that these plans are still in the early stages and many changes could still occur.