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

Tether Backs Ark Labs to Build Stablecoins on Bitcoin

Ark Labs secured a $5.2 million seed round from Tether and Anchorage Digital to...

Pump.fun Eyes Multi-Chain Expansion Beyond Solana

Pump.fun surpassed $1 billion in cumulative earnings, becoming the first Solana-based platform to hit...

UK High Court Debates £3.2B Bitcoin Seizure Compensation

Victims of a Chinese investment fraud are challenging a UK plan to pay them...

Apple Patches Coruna Exploit in Older iPhones

Apple has backported critical security fixes to older iPhones and iPads to patch a...

Hyperliquid (HYPE) Defies Market Dip with 8% Daily Surge

Hyperliquid (HYPE) is the top daily performer among the top 100 cryptocurrencies, surging 8%...

Must Read

Sushiswap vs Uniswap, What are the differences between these dex?

It's no secret that the world of decentralized exchanges has exploded in recent years. Many of you are probably wondering what the difference is...