Meta announces Facebook and Instagram users can post NFTs from digital wallets
“This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both,” said Meta. Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets.In a Monday update to a May 10 blog post, Facebook’s parent company Meta said the social media platform’s roughly 2.9 billion users would have the ability to share digital collectibles and NFTs. The announcement followed an Aug. 4 update in which Meta said Instagram users across 100 countries could post....
Related News
Trading volume from NFT marketplace OpenSea has gone from $405 million on May 1 to $5 million in Aug. 28. In this week’s newsletter, read about Meta’s newest update on the integration of nonfungible tokens (NFTs) on Facebook and Instagram. Check out how the NFT trading volume on OpenSea has plummeted by 99% and how despite the downturns, digital artists still firmly believe in the future of NFTs. In other news, learn about the changes in participation in GameFi. And, don’t forget about this week’s Nifty News roundup featuring Taco Bell’s Metaverse wedding competition in collaboration with....
Users in 100 countries can now connect their digital wallets, post and share nonfungible tokens. Meta, Facebook and Instagram's parent company, announced another development in its digital arts initiative. As of Sept. 29, all users on both platforms can connect wallets and share nonfungible tokens (NFTs) across 100 countries. As part of the feature, which has been in testing since May, users will be able to tag creators and collectors, and cross-post digital collectibles between platforms without paying any fees. Everyone on @instagram and @facebook can now share their digital collectibles....
Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on Twitter. A spokesperson for Meta, the parent company of Facebook, told TechCrunch the same day that the rollout of NFTs on Facebook would be gradual, beginning with select creators in the United States. Eventually, NFT creators....
Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook. On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site.We’re introducing the ability to post digital collectibles across @facebook and @instagram. You can now connect your digital wallet to either app to share your #NFTs on both. What NFT are you excited to share?....
Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. Instagram's parent company Meta announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform SparkAR.CEO Mark Zuckerberg said of the announcement, “We're expanding our test so more creators around the world can display their NFTs on Instagram.” The company also mentioned in a recent article, "Creators and collectors will be able to share their digital collectibles across Facebook and Instagram after we begin rolling out the....