Metaverse News

Facebook And Instagram Allow Users To Share NFTs From Digital Wallets

Users can now link crypto wallets and start sharing their digital collections to their Facebook and Instagram accounts.

Meta, the parent company behind social media platforms Facebook and Instagram, announced yesterday that it has officially allowed users to add digital wallets and virtual assets to the two platforms.

According to the latest update, users can share NFTs on Facebook and Instagram. The billion-dollar tech company wants to make it easier for users to share NFTs — which it calls a digital collection — by connecting a wallet once on these two social networks. The wallet can then be auto-recognized if cross-posting is enabled in the account settings on either app.

Meta currently supports Ethereum, Polygon, and Flow NFT. Users can connect MetaMask, Rainbow, Trust Wallet, Coinbase Wallet, and Dapper wallets to verify and share NFTs.

Despite the community’s criticism of Meta, Meta CEO Mark Zuckerberg has repeatedly asserted his earnest ambition since changing the name of Facebook. After a series of tests, Meta resumed its partnership with Dapper and Coinbase Wallet to expand NFT integration across 100 countries in early August. This can be seen as a step forward for Meta to regain its position after the ‘disastrous’ second quarter.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Parallel Review: The card game received an $85M investment

Parallel is a competitive, free sci-fi trading card game where players battle strategically with self-built…

2 hours ago

Bitcoin ETF Inflow Sees Fourth Consecutive Positive Day With $257 Million

Spot Bitcoin ETF inflow surged to $257 million on May 16, driven by positive sentiment…

4 hours ago

Bitcoin Supply On Exchanges Is Falling To New Lows

Bitcoin supply on exchanges reaches new lows amid bullish market sentiment, signaling a move towards…

5 hours ago

Chainlink Fund Tokenization Pilot Successful With Large Banks Participating

The Chainlink fund tokenization underscores the growing interest in asset tokenization, boosting Chainlink's price by…

5 hours ago

Controversial SEC Crypto Asset Accounting Rule Strongly Opposed By US Senate

The U.S. Senate voted 60-38 to overturn the SEC crypto asset accounting rule, easing restrictions…

6 hours ago

Pyth Grants $50 Million In PYTH To Stimulate Ecosystem Growth

Pyth grants $50 million, offering community, research, and developer grants, with rewards in unlocked or…

15 hours ago

This website uses cookies.