Mark Zuckerberg, the CEO of Meta, announced today that the company is starting its international expansion. In May, the social network launched the NFT test. Users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on the photo sharing app. The support was only available to creators in the US.
Third-party wallet compatible with use is now accepted by the company. Flow is one of the supportedBlockchains that will be expanded byInstagram.
It is possible to connect a digital wallet, share NFTs and automatically tag both a creator and collector. NFTs can be shared in your main account on social media. Digital collectibles have a shimmer effect and can display public information, such as a description of the NFT.
You need to connect your digital wallet to the photo sharing site to post a digital collectible. As of today, third-party wallet connections are supported by the photo sharing service. Some of the supportedBlockchains are: There are no fees associated with posting on the social network.
The company Meta is going to work on augmented reality NFTs, or 3D NFTs, that you can use to tell stories using the company's software. The company revealed today that it is starting to allow people to display and share their digital collectibles as augmented reality stickers.
Today's expansion reflects Meta's work to expand access to web3 technology through NFTs and support creators who want to monetize their work and build community with their fans and collector.
During its initial NFT test launch in May, the company said that it understood that the technology raised important questions on sustainable living. Meta will help reduce the emissions impact by purchasing renewable energy.
A few weeks ago, Meta began testing NFTs with some creators on Facebook. The company said at the time that it wouldn't be able to turn digital posts into ads for now.
Earlier this year, NFT profile pictures for premium users were added to the list. The CEO of YouTube suggested that the platform may embrace web3 technologies, including NFTs, in order to help creators make money. There is a new NFT-based avatar marketplace that allows users to purchase pictures for a fixed price.
Instagram to start testing NFTs with select creators this week
Facebook begins testing NFTs with select creators in the US