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.

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

Bitcoin ETF Inflows Soar as Price Eyes $95,000 Amid Short Squeeze Setup

Bitcoin ETF inflows have reached their highest levels since January 2025, with negative funding rates potentially setting the stage for a short squeeze.BTC price...

IMF Panel: BIS Chief Promotes Tokenization for Future Finance

Tokenization could revolutionize financial systems with unprecedented sophistication, according to BIS chief Agustín Carstens at IMF Spring meetings.New initiatives like Project Pine and "Finternet"...

KiloEx to fully reimburse $7.5M exploit victims after funds returned

KiloEx will fully compensate traders affected by a $7.5 million exploit in April.Stakers' principal and earnings remain safe, with an additional 10% APY bonus...

Bitcoin Shows Resilience Amid Market Uncertainty, Analysts Cautious

Analysts remain cautious about declaring Bitcoin's decoupling from traditional markets as permanent rather than temporary. Rising Bitcoin ETF inflows and Bitcoin's dominance reaching...

Trump Media denies reports of planned share sales, calls media coverage misleading

The company states that shares were already registered last June, and the new filing is to maintain effectiveness of company filings. TMTG confirms...

Must Read

7 Best Audiobooks on Cybersecurity

Cybersecurity has become an essential topic in our increasingly digital world. As technology evolves and becomes more integrated into our daily lives, the importance...