Instagram is expanding NFT features to more than 100 countries – Yahoo News
The (NFT) market has , but that’s not stopping Instagram from doubling down on digital collectibles. After a , the app is expanding its NFT features to more than 100 countries across Africa, Asia-Pacific, the Middle East and the Americas.
Instagram users can include NFTs in their feed and messages, as well as in augmented reality stickers in Stories. NFT creators and collectors are automatically tagged for attribution. You can’t buy or sell NFTs on Instagram just yet, but Meta has strongly hinted it’s working on a marketplace.
As of today, Instagram now supports third-party wallets from Coinbase and Dapper, in addition to Rainbow, MetaMask and Trust Wallet. On top of the Ethereum and Polygon blockchains, it will also support Flow.
Meta CEO Mark Zuckerberg announced the expansion in (where else?) . He included photos of a Little League baseball card he had made of himself as a kid. A young Zuckerberg gifted it to his favorite camp counselor, Allie Tarantino, who now plans to sell both the signed card and an associated NFT. "On the back of his card, he put a .920 batting average — which is like impossible in baseball," Tarantino told the Associated Press. "So even as a little kid, he was aiming big.”
A post shared by Mark Zuckerberg (@zuck)
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Meta CEO Mark Zuckerberg announced today that the company is beginning its international expansion of NFT support on Instagram. The expansion follows the social network’s initial NFT test launch in May. With this expansion, users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram. Prior to the expansion, the support was only available to select creators in the United States.
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August 5, 2022 at 10:30AM