Instagram and Facebook users from the US can now post NFTs
Meta’s blog notes that there will be no fee for posting non-fungible tokens
30.09.2022 - 09:00
432
2 min
0
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.
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.
Useful material?
Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024