Meta's Instagram is doubling down on its Metaverse bet. Continuing its recent rollout, tech giant Meta announced that Instagram is creating an NFT minting and sale feature through its app. Like Reddit, the popular photo-sharing app turned to Polygon for its digital collectibles marketplace plans. MEanwhile, Arweave's AR token price soared upward 60% after it was revealed that Meta is planning to integrate the project's services into Instagram. In particular, Arweave services will be used to store digital collectibles, or simply NFTs, the functionality of which has recently been added to the popular social network. This may be the biggest NFT (and crypto) adoption catalyst in the history of crypto.
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