• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Meta To Start Testing Digital Collectibles On Instagram

May 11, 2022
in Australian Crypto News
Reading Time: 2min read
0 0
A A
0
Meta To Start Testing Digital Collectibles On Instagram
0
SHARES
4
VIEWS
ShareShareShareShareShare

Meta, formerly known as Facebook, will start testing digital collectibles on a small number of users on its Instagram platform, according to Meta CEO Mark Zuckerberg.

A small group of creators and collectors in the US on Instagram will be able to use NFTs as profile pictures in a move similar to what Twitter has done in recent months. The test group will be able to post NFTs at no cost by linking their third-party digital wallets in-app. Each NFT will get a special “shimmer” around the photo attributing the piece to both creator and owner.

Ethereum and Polygon Provide Initial Blockchain Support

Ethereum and Polygon are blockchains that will be supported, with Flow and Solana launching soon. Rainbow, MetaMask and Trust Wallet, along with Coinbase, Dapper and Phantom, will be compatible with the platform.

Zuckerberg commented: “Meta plans to bring NFTs to apps in our family. This week, we’re starting to test digital collectibles on Instagram so creators and collectors can display their NFTs on their profile. Similar functionality is coming to Facebook soon, along with augmented reality NFTs on Instagram Stories via Spark AR [a free studio that allows businesses and private users to create their own filters] so you can place digital art into physical spaces.”

Adam Mosseri, head of Instagram, tweeted in agreement:

NFTs on Instagram 🎉

This week we’re beginning to test digital collectibles with a handful of US creators and collectors who will be able to share NFTs on Instagram. There will be no fees associated with posting or sharing a digital collectible on IG.

See you next week! ✌🏼 pic.twitter.com/VuJbMVSBDr

— Adam Mosseri (@mosseri) May 9, 2022

The news comes after speculation that Meta will support NFTs from Ethereum, Solana and Polygon, and confirms the rumour raised last year that the social media giant would support NFTs via the Novi digital wallet.

Share this article

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


Credit: Source link

ShareTweetSendPinShare
Previous Post

‘Compound Treasury’ Becomes First In DeFi To Get A Credit Rating

Next Post

Bitcoin Struggles Below $32K, Why Downtrend Could Resume

Next Post
Bitcoin Struggles Below $57K, Here’s Why 100 SMA Holds The Key

Bitcoin Struggles Below $32K, Why Downtrend Could Resume

You might also like

What To Expect Before The Run-Up Above $100,000

What To Expect Before The Run-Up Above $100,000

March 14, 2026
Bitcoin Short Bets Surge—Will Bears Get Squeezed?

Bitcoin Short Bets Surge—Will Bears Get Squeezed?

March 10, 2026
XRP Chart History Sparks Speculation Of $8.6 Price Target

XRP Chart History Sparks Speculation Of $8.6 Price Target

March 14, 2026
China’s DeepSeek AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026

China’s DeepSeek AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026

March 11, 2026
Vitalik Buterin Says Ethereum’s Core Role May Be Simpler Than the Industry Thinks

Vitalik Buterin Says Ethereum’s Core Role May Be Simpler Than the Industry Thinks

March 13, 2026
Jito Foundation Acquires SolanaFloor, Plans Relaunch After Security Shutdown

Jito Foundation Acquires SolanaFloor, Plans Relaunch After Security Shutdown

March 11, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

WIF Price Prediction: Targets $0.22 Breakout by April 2026

March 15, 2026
Bitcoin Active Addresses At 2020 Level — What’s Happening?

Is Bitcoin Price Bottom In? MVRV Z-Score Says ‘Not Yet’

March 15, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.