Social Media Giant Meta Announces Expansion of NFT Integration to Instagram and Facebook

Social media giant Meta says it will now allow users to share non-fungible tokens (NFTs) on both Instagram and Facebook by connecting to their crypto wallets.

In May, the tech titan enabled a small number of users in the US to connect their digital wallets to Instagram and share their NFTs on the photo-sharing app.

By early August, the company rolled out the feature to 100 countries in Africa, Asia-Pacific, the Middle East and the Americas.

In the most recent update, Meta says it is further expanding the integration of NFTs into its marquee social media platforms by allowing all users to link up with their crypto wallets and share their digital collectibles.

“As we continue rolling out digital collectibles on Facebook and Instagram, we’ve started giving people the ability to post digital collectibles that they own across both Facebook and Instagram.

This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both.”

Facebook and Instagram users have to link their accounts with supported third party wallets, including Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet, to share their NFTs. Supported blockchains include Ethereum (ETH), Flow (FLOW) and Polygon (MATIC).

Meta says that the shared digital collectibles will show up on the user’s profile with public details such as the description of the NFT. Depending on privacy settings, the creator and collector may also be attributed on the post.

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Featured Image: Shutterstock/JLStock/Andy Chipus

Source: https://dailyhodl.com/2022/08/30/social-media-giant-meta-announces-expansion-of-nft-integration-to-instagram-and-facebook/