NFT posts can now be made on Instagram and Facebook

NFT posts can now be made on Instagram and Facebook

At the moment, the functionality is only available only for users in the United States

The arrival of Non-Fungible Tokens or Non-Fungible Tokens (NFT) in the digital goods market has also led social networks to adapt to the need of their buyers to publish these pieces in spaces such as Facebook and Instagram without losing the value for which they were purchased.

That is why Meta announced that NFT owners will be able to publish and share them on both social platforms after a testing period in which this function was enabled in user accounts divided into more than 100 countries on all continents.

The announcement of the new feature for NFTs in these digital spaces came in an update on the Meta blog, which indicated that all Facebook and Instagram users can now post their digital collectibles to their respective profiles.

As indicated by the company chaired by Mark Zuckerberg through a statement, “this will allow users to connect their digital wallets once to either of the two applications to share their digital collectibles in both.”

Additionally, Meta previously assured that no fees would be charged for posting or sharing non-fungible tokens on Instagram. “By supporting NFTs, we aim to improve accessibility, lower barriers to entry, and help make the NFT space more inclusive for all communities,” the tech company said in May.

Users who have some tokens available will be able to share them as long as they are mined in Ethereum, Polygon and Flow. Additionally, Rainbow wallets, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet will be supported on these social media platforms.

NFTs on other platforms

In the case of Twitter, the platform has focused not on the possibility of sharing NFT articles as publications, but in the form of the profile photos of some users that, unlike showing an image within a circular outline, presents the token not expendable within a hexagon with rounded edges.

Clicking on the NFT will display a window within the platform where all the token data can be found, including its current owner, the collection to which it belongs, its properties, the blockchain, among other details. For those people curious about the world of cryptocurrencies, it also explains what an NFT is.

On the other hand, Spotify, the music streaming platform, is also slowly moving into the process of implementing possible ways to involve NFT collections within its service.

In May 2022, it was reported that the company was in the testing phase of a feature in a group of Android device users in the United States, who would have the opportunity to access NFT on the site of artists such as Steve Aoki and The Wombats. , according to a report from Music Ally.

Also, just like on Twitter today, when a user finds the profile of an artist selling NFTs, they will be able to click on the item to get a detailed view of the image, a description of the image, and the option to purchase it online. from the OpenSea website, the specialized NFT marketplace.

Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.