Earlier this year, Meta announced plans to introduce NFTs to its platforms, using the Polygon blockchain to extend its reach into the Web3 space. Now, you can use any wallet that supports ERC721 tokens to display with NFTs in Facebook and Instagram.
Meta’s new update introduces NFTs
Wondering how to showcase your NFTs on Meta Social Media? The process is simple. To share your digital collections on Facebook and Instagram, you must connect your wallet to the platform. As long as your wallet supports ERC721 tokens – such as MetaMask, WalletConnect, CoinBase, etc. – you can connect to the app. Once connected, you have the ability to choose which NFTs you want to display. There are no fees associated with this feature.
Currently, this feature is only available to US users. However, global users have no fear – attempts to post NFT on global user profiles have been underway since last year. So, it’s only a matter of time before this new feature rolls out globally.
The future of Facebook, Instagram and NFTs
There are big plans in the works to use NFTs in the meta. It is one of the characteristics of development ‘Look in the AR’, making NFTs Spark AR compatible. With this, you can display your own 2D NFTs anywhere in your own home using mobile AR. So if you’re trying to find the perfect place in your home to display a physical print of your digital asset, this will help you find that sweet spot.
Meta also strives to add features that allow anyone to post NFTs using any blockchain and wallet. Currently, the supported blockchains are Ethereum and Polygon, with Flow and Solana coming soon. The hope is that by implementing this technology, Meta will attract a whole range of users from those who live and breathe NFTs to those who have never ventured into Web3 before. Digital art is available for all to see, providing an easy introduction to the world of NFTs.
Movement to the Metaverse
By Q2 2022, Meta reports that 2.87 billion people are using Facebook, WhatsApp, Instagram or Messenger every day. Most people use more than one a day. Therefore, the digital giant plans to expand the reach of Web3 by introducing it to its audience.
Meta is integrating Metaverse with Polygon as a partner on its platforms. He launched Polygon in April this year. “The Green Manifesto”. In the year Announcing plans to become carbon negative by the end of 2022. As a result, Meta has chosen to work with Polygon as its main blockchain. The social media company aims to reduce emissions on Instagram by buying renewable energy.
To stay up to date with Meta’s latest activities in the Metaverse, follow their blog here. Alternatively, follow the Meta Twitter account over here.
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