Updated · Aug 15, 2022
Meta is Pushing Instagram’s NFT Support to 100 Countries
Updated · Aug 05, 2022
CEO Mark Zuckerberg confirmed the expansion in a Facebook post on Thursday.
Users and businesses based in 100 countries will now be able to share their NFTs on Instagram. CEO of parent company Meta, Mark Zuckerberg, announced this in a post on Facebook. The tech giant followed this with a blog post outlining the details.
Meta began to test its digital collectibles support in May this year with a handful of United States-based creators and collectors. The feature allows them to connect a digital wallet, share their NFTs on their profiles, and automatically tag both creator and collector.
Now, people and businesses in countries in Africa, Asia-Pacific, the Middle East, and the Americas can get in on the feature.
Rainbow, MetaMask, and Trust Wallet were the only third-party wallets supported when it launched. However, this has now expanded to include Coinbase Wallet and Dapper Wallet. To share an NFT on Instagram, users must connect their wallets to the social network.
Ethereum, Polygon, and Flow are the supported blockchains.
The functionality allows users to share their non-fungible tokens to their main Instagram feeds, Stories, and even in direct messages. A posted digital collectible displays a shimmer effect and can show information, such as the token’s description.
Instagram's NFT feature and its expansion reflect its parent company’s commitment to increasing the adoption of Web3 technology and its drive for the metaverse.
Daniel is an Economics grad who fell in love with tech. His love for books and reading pushed him into picking up the pen - and keyboard. Also a data analyst, he's taking that leap into data science and machine learning. When not writing or studying, chances are that you'll catch him watching football or face-deep in an epic fantasy novel.
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