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According to the Financial Times, Meta, the parent company of Facebook and Instagram, is taking a look at ways to permit its users to create and offer non-fungible tokens (NFTs) on its platforms. The article likewise points out that NFTs are currently a $40 billion market, without any indications of slowing down anytime quickly.

I'll tell you what's a scam - nearly 100 billion was spent on "in game" items last year and not one of those purchased items has any tangible value because they aren't

Scams and Fraud Bubble Up as NFT Mania Takes Hold - CoinDesk
The business's Novi Wallet technology would be powering the service, according to experts. Instagram is checking out ways to show NFTs while Meta is apparently working on a market. The feet article mentions that they are 'at an early phase and could yet change' in terms of development with this task.