Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries


Months after it integrated Non-Fungible Tokens (NFTs) into Instagram for American users, Meta Platforms announced the expansion of the allowance to as many as 100 other countries.

IG2.jpg

The test launch for the NFTs on Instagram was made announced in May to select creators in the U.S.

The functionality will now let users in other continents, including the Americas, Africa, the Middle East, and the Asia-Pacific. With the enhanced allowance, users will now be able to upload their NFTs as profile pictures and even in their stories. The Meta Platforms functionalities for the NFTs on Instagram will permit users to input the description for the digital collectable as well.

The authenticity of the uploaded NFT can easily be verified, and users can always tag the digital collectable’s page and creator for additional proof of claim.

In addition to the expansion announcement, Meta Platforms also revealed that it has increased the number of compatible blockchain networks to include Flow from Dapper Labs. Based on this, investors can now upload their NFTs from Ethereum, Polygon, and Flow, respectively. 

The company also aims to make global access to its NFT functionality on Instagram a seamless one and has also added support for Coinbase and Dapper Wallets in a bid to complement Rainbow, MetaMask, and Trust Wallet, which it integrated earlier.

Meta Platforms is taking its Web3.0 and Metaverse drive seriously as the company is nurturing a future that is bound to dominate social media interactions. While the entire concept of the metaverse is still relatively vague, companies like Meta Platforms are notably developing innovations within the confines of trademark applications they have applied for.

Besides Instagram, NFT testing for Facebook is also gaining momentum, with trials launched in early July this year. Besides Meta, other social media platforms, including Twitter and Reddit, are also taking their NFT drives to new heights.

Image source: Shutterstock



Credit: Source link

Discover

19,463FansLike
232,230FollowersFollow
90,073FollowersFollow
13,513FollowersFollow
2,920SubscribersSubscribe

Sponsor

spot_imgspot_img

Latest

All the Stars Who Are EGOT Winners

The best in the biz! Only 18 stars to date have earned the most coveted honor in Hollywood: the EGOT. The awe-inspiring acronym is...

What Was Cut From the ‘Barbie’ Movie? Kisses, Cameos and More

It seems like Barbie has everything — girl power, big laughs, more shades of pink than any of Us knew existed — but...

Paris Haute Couture preview: the Saudis are coming

First, they came for golf, then for football, and now they are moving into haute couture. We are talking about the Saudi Arabia’s...

Mariah Carey sued for $20 million for plagiarism of All I Want for Christmas Is You

Singer Mariah Carey has been accused of plagiarizing the song All I Want for...

Amy Robach Leaves T.J. Holmes’ Apartment After Wife Breaks Silence – Hollywood Life

View gallery New year, same fling! Good Morning America anchor Amy Robach, 49, was seen leaving T.J. Holmes’ apartment in New York City on Jan. 4, just hours after...
en English
X