NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
2022.07.01 06:26
NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
Facebook (NASDAQ:META) will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on Twitter (NYSE:TWTR).
A spokesperson for Meta, the parent company of Facebook, told TechCrunch the same day that the rollout of NFTs on Facebook would be gradual, beginning with select creators in the United States. Eventually, NFT creators will be able to cross-post between Facebook and Instagram, another Meta property. Instagram is also testing NFTs in its Spark AR augmented reality platform.
