Cryptocurrency News

Meta announces Facebook and Instagram users can post NFTs from digital wallets

2022.08.30 06:50

Meta announces Facebook and Instagram users can post NFTs from digital wallets
Meta announces Facebook and Instagram users can post NFTs from digital wallets

Facebook (NASDAQ:META) and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets.

In a Monday update to a May 10 blog post, Facebook’s parent company Meta said the social media platform’s roughly 2.9 billion users would have the ability to share digital collectibles and NFTs. The announcement followed an Aug. 4 update in which Meta said Instagram users across 100 countries could post digital collectibles minted on the Flow blockchain or from wallets supporting the Ethereum or Polygon blockchains to their accounts, estimated to be between 1 billion and 2 billion users as of the second quarter of 2022.

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