Instagram and Facebook now support NFTs

Aneeka Chatterjee Updated - August 30, 2022 at 04:51 PM.

Instagram and Facebook now allow users to post their digital collectibles on the platforms

Meta logo is seen in this illustration | Photo Credit: Reuters

Meta announced non-fungible token (NFT) support to both, Instagram and Facebook. Social media users can now post digital collectibles in their digital wallets across Facebook and Instagram. Users need to connect their digital wallets to Instagram and Facebook to be able to access their NFTs.

Meta has been planning to introduce NFTs since May. Meta mentioned in a blog post that the new launch is expanding to Africa, Asia-Pacific, the Middle East, and the Americas. Additionally, the digital wallets have been partnered with Coinbase Wallet and Dapper for connectivity. Reportedly, Meta also allows posting of collectibles minted on the Flow blockchain.

Published on August 30, 2022 11:19

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.