NewsNFTs Are Coming To Facebook

NFTs Are Coming To Facebook

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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.

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.

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”.

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