Meta to Begin Testing on Instagram This Week

Share This Post

NFTs will showcase on Meta to help boost blockchain initiatives

Meta, Mark Zuckerberg’s business empire, is ready to roll out digital collectibles, showcasing select NFTs on Instagram as its starting point.

The news was bought to light on May 11 via Instagram’s official account:

HOW TO SHOWCASE NFTS

Few creators and collectors can currently post NFTs they created or own by linking third-party digital wallets on the app. The wallets currently compatible include MetaMask, Rainbow, and Trust Wallet. Whereas support for Phantom, Dapper, and Coinbase is in the pipeline.

The social media platform’s feature will soon allow all Instagram users to connect their digital wallets, share digital collectibles, and automatically tag collectors and creators of NFTs for free. It will support Ethereum and Polygon at launch and plans on adding other blockchains shortly afterwards.

REASONS BEHIND THE FEATURE

The reason behind the feature includes supporting NFT creators wanting to boost popularity and showing all Instagram users the benefits of NFTs.

In this digital age, NFTs are a shift for creators to maintain relationships with collectors. The new feature aims to expand self-expression across social media sites, empowering creators and collectors to share digital expressions.

“We’re starting to test digital collectibles on Instagram so that creators and collectors can display their NFTs,” Zuckerberg told YouTube creator Tom Bilyeu in an interview posted to Facebook Watch. “It’s about expression; it’s saying something about yourself.”

Similarly, Twitter also recently added NFT support that allows ‘Twitter Blue’ subscribers to upload the non-fungible tokens as their profile pictures.

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT drops, releases, reviews and more.

spot_img

Related Posts

Coinbound Appoints Lindsay Keyfauver to Director of Coinscribble

New York, NY – October 2nd, 2024 – Coinbound,...

Coinbound Named to Manifest’s Global Most Reviewed Advertising and Marketing Agencies List for 2024

Honored for Excellence in Blockchain Marketing, Crypto Marketing, Investor...

Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs

The pioneering force in the Web3 landscape, Void 2122,...

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

Related Posts

The History of Bitcoin NFTs – A Step-by-Step Timeline

With recent hype surrounding Casey Rodarmor's release of open-source...

Justin Beiber’s Track “Company” Releases as NFT

The renowned global pop sensation Justin Beiber’s 2015 hit...

Top 10 NFT Marketplaces to Look Out For and Why

How numerous NFT marketplaces make hunting for digital collectibles...

Everything About Starbucks NFT Reward Program ‘Starbucks Odyssey’

A Starbucks NFT will reward customers with a trip...

What is NFT INT LLC? (And Who Owns It?)

This week, headlines broke across nearly all major media...

Top 5 Most Expensive CryptoPunks NFTs and Reasons Why

CryptoPunks' unique attributes sell for six digits or more CryptoPunks,...