Meta, the American group behind Facebook, WhatsApp and Instagram, continues its work. negotiate its migration to the metastore. Under the impetus of the firm’s CEO and founder, Mark Zuckerberg, Meta is investing huge sums in this digital universe, the meta-universe accessible in virtual and augmented reality.
The core elements of the metastore include non-alterable tokens (NFTs). These artworks, whose authenticity has been verified on the blockchain, are an integral part of metadatabases. NFTs make it possible to exchange digital real estate or sell virtual goods such as clothes or any item, especially in virtual spaces.
Meta distributes NFTs on Instagram
Not surprisingly, Meta quickly announced the integration of NFTs into their social networks, starting with Instagram. Last March, Mark Zuckerberg claimed he wanted too “Introduce NFTs to Instagram in the short term”.
As promised, bounty tokens are therefore hitting Instagram on Monday, May 9, 2022, let our colleagues at CoinDesk know. According to the media, Meta launched a pilot program From a handful of Internet users in the United States.
“Small group of US-based NFT enthusiasts” they are now free to connect Metamask wallets hosting their digital work and add them to your Instagram profile pictures. NFT investors can tag the coin’s creator and prove their ownership.
According to information obtained by CoinDesk, The meta will not charge a fee for this NFT integration service. It will be possible to add tokens of your collection without paying cryptocurrency for integration.
Eventually, Instagram will support distributed NFTs on many popular blockchains in the ecosystem, such as Ethereum (ETH), Polygon (MATIC), Solana (SOL), and Flow (FLOW). But currently most NFTs are deployed on the Ethereum blockchain. What do you think about this initiative? We look forward to your feedback in the comments.
Source : CoinDesk