Market Analysis Report (03 Oct 2022) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Market Analysis Report (03 Oct 2022)

Meta is rolling out to all Facebook and Instagram users in the U.S. the ability to connect their digital wallets and share non-fungible tokens (NFTs). NFT support will also be available to all users on Instagram in 100 countries.

Facebook and Instagram’s parent company has been gradually rolling out its NFT features over the last few months. It added early NFT support to Instagram in May, before introducing it to Facebook in June.

The company started allowing NFTs to be cross-posted between Instagram and Facebook in August. The feature was only available to select users, but is now starting to be rolled out to Facebook’s 2.9 billion users and Instagram’s 1.4 billion users.

Meta supports NFTs on Ethereum, Polygon, and the Flow blockchain. It plans to add support for Solana in the future.

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