NFTs Are Coming To Facebook

Facebook users in certain countries can now connect their cryptocurrency wallets to the social media platform and share their NFTs, as part of the announcement made by Meta to expand its pilot program to integrate Instagram’s NFTs to 100 countries in Africa, Asia-Pacific, the Middle East, and North and South America.

- Advertisement -

Wallets and blockchains

While it is still unclear which blockchains and wallets will be supported in Meta’s Facebook project, the process of integrating NFTs into Facebook will likely be the same as that of Instagram.

If this does indeed hold true, it means that Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet will all be connected, with Ethereum, Polygon and Flow blockchains.

The question marks

However, Meta is still unclear whether the integration of NFTs into Facebook will be a pilot program or whether it will have the same scope as the Instagram program.

It also did not indicate whether Europe will be added to the list of supported continents and whether other major blockchains, such as Solana, will be added to the integration.

- Advertisement -

Looking at the metaverse

Recall that Meta expressed its desire to develop its own Metaverse, which is why it was renamed last October.

The move was met with skepticism from the cryptocurrency community, with Ethereum creator Vitalik Buterin claiming that Meta’s plans will “miss the mark” as “it’s too early to know what people really want from a metaverse”.

Previous Articles:

- Advertisement -

Latest News

Ethereum user loses $600K to address poisoning scam

An Ethereum user lost $600,000 to an 'address poisoning' scam on Tuesday, February 17,...

Fake Oura Health MCP Server Delivers StealC Infostealer

Threat actors distributed a trojanized Oura Ring health data server to deploy the StealC...

Tesla Gains After European Grok AI Rollout

Tesla stock (NASDAQ: TSLA) opened at $417 on Tuesday, poised for a surge following...

DeFi Platform ZeroLend Announces Shutdown Amid Losses

DeFi lending platform ZeroLend announced it will shut down after three years, citing an...

Crypto tax nominee quits over CV lies

The Netherlands' prospective finance secretary has withdrawn after false credentials on her CV were...

Must Read

How to Buy Dedicated Hosting With Crypto

In this article I am going to show you how to buy dedicated hosting with crypto from one of the best European hosting providers...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!