Meta’s blog notes that there will be no fee for posting non-fungible tokens

Instagram and Facebook users from the US can now post NFTs

30.09.2022 - 09:00

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2 min

What’s new? Meta has launched non-fungible token (NFT) posting and reposting features for all Facebook and Instagram users in the United States and has allowed them to connect their wallets. Other users in 100 countries in Africa, Asia-Pacific, and the Middle East can access this feature only through Instagram.

Information on Meta’s blog

How did events develop? In May, Meta announced that it would test the NFT sharing feature on a small number of users in the US. Now the company has officially unveiled the option for all of its social media users from the States. Instagram first began testing the feature in July. To post an NFT, users need to connect their accounts to a digital wallet. It is noted that there will be no fee for posting tokens.

The feature will also automatically tag the creator and owner of an NFT in a message using data from supported public blockchains. The list includes Ethereum, Polygon, and Flow. To access blockchains, users need to connect to third-party crypto wallets, including MetaMask, Trust Wallet, Rainbow, and Coinbase Wallet.

The press release notes that users can also make reposts of posted NFTs. Tokens can also be reposted from one social network to another.

In April, Meta began testing the marketplace for its own metaverse Horizon Worlds.

In early September, US senators called on Mark Zuckerberg to fight crypto scams on Meta’s platforms. They said that Facebook, Instagram, and WhatsApp are among the leading platforms for digital asset scams.

Author:

Tatiana Darda Tatiana Darda

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