Last week, Meta CEO Mark Zuckerberg confirmed that the firm is starting to support NFT on Instagram worldwide. After the initial launch of the social network’s NFT test in May, the expansion began.
Users and businesses from over 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram with this extension. Only a few American creators had access to this help before the extension.
Just connect your digital wallet to Instagram to share digital collectibles. The firm further clarifies that it will support Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet shortly. Ethereum, Polygon and Flow are the supported blockchains. Instagram does not charge for sharing digital collectibles.
Instagram’s NFT feature allows users to link a digital wallet, share NFTs, and identify a creator and collector. You can share NFTs to your Instagram feed, Stories, or chats. Once posted, a digital collectible flickers and displays public information like the NFT.
- Connecting a digital wallet: Creators and collectors can share NFTs from their wallet on Instagram once connected.
- Share digital collectibles: When a creator or collector posts a digital collectible, it flickers and displays public information, like the NFT. Posts appear on their profile.
- Automatic identification of creator and collector: subject to their privacy settings, the creator and collector can be credited in digital collectible coin posts
Head to Web 3.0
Earlier this year, Zuckerberg said Meta would be working on 3D augmented reality NFTs for Instagram Stories using Spark AR, the company’s AR software technology. The firm announced that users can now share digital treasures in the form of AR stickers in Stories. This expansion highlights Meta’s work to expand access to Web 3.0 technology through NFTs and help creators who want to monetize their work and grow communities with their subscribers and collectors.
Thanks so much for spending time with me and my hopes and learnings in Web3. If you want to start experimenting in the space, check out this video on how to share digital collectibles on Instagram — now available in more countries internationally. (13/13)https://t.co/mi7ingXbo8 pic.twitter.com/KeUnPLMvt7
— Instagram (@instagram) August 4, 2022
Introducing the feature, the Meta release mentions that:
At Meta, we will continue to listen to feedback as we embark on this new area of investing for the company. Soon, we’ll be rolling out digital collectibles to Facebook, and we’ll let people view and share their digital collectibles as AR stickers in Instagram Stories. Over the next few months, we will explore additional features to bring further benefits of this technology to creators and collectors.