Summary
- Instagram and Facebook (NASDA Q: META) now support Solana NFT integration.
- Users can show their NFTs through the digital collection option.
- Meta allows users to sell their NFTs on Polygon and Instagram.
Solana is a decentralized blockchain platform. It has announced NFT integration support from Instagram and Facebook. The Twitter account shared that the integration will roll out in a few days, allowing users to showcase their favorite NFTs.
Ethereum-Based Solana And Polygon NFTS Can Be Traded By 4 Billion Users Worldwide – Facebook And Instagram
- Instagram creators can issue and trade NFTs inside and outside the platform.
- Meta will provide the functionality of video NFTs and the ability to connect the Solana blockchain with the Phantom wallet.
As it continues to support non-fungible tokens (NFTs), social media giant Meta has announced plans to trade Instagram NFTs. The announcement shows that Instagram creators can imprint their digital collectibles and sell them to fans on and off the platform.
Meta is currently testing these new features with a small group of developers in the US. However, there are plans to expand it to more countries soon. Meta also announced that users could purchase these digital collections directly from their favorite users.
Meta is growing the digital collections users can showcase on their Instagram profiles. This includes video NFTs and additional support for the Solana blockchain and Phantom wallet. Meta says that information for some special NFT collections will appear on Instagram if his NFT marketplace, OpenSea, powers the metadata.
Meta on Wednesday announced new features coming soon to Facebook and Instagram. This will improve the experience for developers using both platforms. This includes updates on NFTs, Instagram subscriptions, and Facebook stars. The news comes as the company hosts its Creator Week conference, which hosts in-person events worldwide.
NFT and Instagram Subscriptions
Meta introduced NFT support on Instagram, allowing users to show off their non-fungible tokens. This update will enable developers to create digital collections and sell them directly to their fans on Instagram. This also means that users can support the creator by purchasing their own NFT.
The company has added support for digital video collectibles to Instagram and is working on expanding support for more blockchains and wallets such as Solana and Phantom.
Meta is expanding access to paid Instagram subscriptions for all creators in the US. Subscriptions allow creators to monetize their content by offering special rewards to those who pay. Meta plans to enable users to send “gifts” on reels as a new way for developers to monetize their content.
Facebook Stars and Professional Mode
Facebook is expanding access to stars. These are virtual items that users can purchase to support creators during their live streams. The Star feature will soon be available for other content, such as regular videos, photos, and even text posts.
According to Meta, “Professional Mode for Facebook Profiles” will be available globally to anyone who wants to become a creator.
Meta’s Creator Week runs through November 7th with events for developers. In addition to online meetings, there are face-to-face events in Los Angeles, London, Bali, São Paulo, and Delhi. For more information, please visit Meta’s website.
