Which NFT Networks Will Instagram Support?

A news shared by CoinDesk showed that the popular social media platform Instagram may launch the NFT integration, which has been expected for a while, in the coming days. In addition, it was stated that the platform will support networks such as Ethereum, Polygon, Solana and Flow, and it will not charge users any fees.

resulting from the processing of unique assets on the Internet into the blockchain. NFTs (non-fungible token) is getting more and more popular every day. Although these assets face some negativities, they receive investments from giant companies in automobiles, games, music and many other sectors.

Facebook, which changed its name to Meta for the metaverse in October last year, is at the forefront of making moves on such issues. Popular social media platform owned by the giant company to Instagram The future of NFTs was announced a few months ago. Now, the news has shown that this can happen in the near future.

Instagram may launch NFT integration in coming days

According to CoinDesk’s report, NFTs may start coming to Instagram with an announcement scheduled for Monday. In the news, the giant company Ethereum, Polygon, Solana and Flow It was stated that it plans to bring these digital assets to the platform with its integrations. It was noted that NFT integration, which is stated to start with a pilot application, will be tried with a group of people in the USA first, but it is not known whether it will include all of the specified networks.

In addition, Instagram MetaMask It is stated that it will support common crypto money wallets such as It was stated that users can prove that they have NFTs through these wallets, exhibit these assets and tag artists. In addition, CoinDesk has expressed that the platform’s NFT sharing that you will not charge any fee He also stated that he was involved. In addition to this, it was stated in the previous news that Meta had plans regarding Facebook as well as Instagram.

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The moves of social media platforms are also increasing regarding NFTs, which are becoming more and more widespread. In addition to Instagram, another popular social media Twitter has taken the name of NFT in recent months. Giant platform, with a feature of NFTs profile photo allowed it to be done.

Source :
https://www.coindesk.com/business/2022/05/08/metas-instagram-to-support-nfts-from-ethereum-polygon-solana-flow/


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