Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3 wallet support to 100 countries during the first week of August.
Meta’s NFT rollout continues as social media giant introduces ‘ability to post digital collectibles’
Meta Platform, Inc. (Nasdaq: Meta), announced On August 29, 2022, that firm is “introducing the ability to post digital collectibles” to Instagram and Facebook. Meta disclosed the information on Twitter and shared a blog post published in May that gets updated regularly.
When Meta tweeted about the NFT cross-posting compatibility and support for Facebook and Instagram, the company got a few replies from individuals who liked the idea and also from people who mocked the NFT concept. One person wrote that Meta’s latest NFT cross-posting compatibility was “bullish.”
Meanwhile, many others made fun of the NFT announcement and one such person Told Meta: “No, I’ll just post the jpeg instead, thanks.” Another person jokingly replied that sharing JPEG was “definitely more secure”. some people shared screenshot Ability to cross-post NFTs to Instagram and Facebook.
Meta’s post on Monday states:
As we continue rolling out digital collectibles on Facebook and Instagram, we’ve started giving people the ability to post digital collectibles that they own across both Facebook and Instagram. This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both.
Following the 29 August announcement Meta rolled out NFT support to 100 countries and added the ability to connect to third party wallets such as MetaMask and Rainbow. Meta also reported on August 4 that the digital collectible feature will support blockchains such as Flow, Ethereum, and Polygon. At the time, Meta stated that there are “no fees associated with posting or sharing digital collectibles” on Instagram and Facebook.
The company’s social media competitor Twitter launched non-fungible token support via Twitter Blue Labs. Users leveraging Twitter Blue Labs’ features can upload longer videos on Twitter, upload videos in 1080p quality, and leverage an NFT profile picture. While Meta has integrated Flow and Polygon, Twitter only supports static NFTs that were created on the Ethereum blockchain (ERC721, ERC1155).
