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Meta expands NFT support to Facebook

Social media giant Meta Platforms (NASDAQ: META) has expanded its non-fungible token (NFT) feature to Facebook, the company said in a blog update on Monday.

According to the announcement, one can now link their digital wallets to their Facebook accounts and start posting or sharing NFTs.

Billions of people are on Facebook and Meta’s move could see NFT adoption hit new levels.

NFT support for Facebook comes after Instagram

The update expands the NFT feature that initially rolled out on Meta’s Instagram for US users in May before being offered internationally across 100 countries in Africa, Asia-Pacific, the Americas and the Middle East earlier this month.

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,” Meta noted in the blog update.

Meta does not charge any fees for NFT postings or shares on both social media platforms.

As with the Instagram integration, Facebook support also allows connections to third-party digital asset wallets, including MetaMask, Trust Wallet, and Rainbow wallet. The company’s earlier update noted future integration with Coinbase Wallet and Dapper Wallet.Supported blockchains include Ethereum (ETH/USD), Polygon (MATIC/USD) and Flow (FLOW/USD), the blockchain popularised by NBA Top Shot.

The post Meta expands NFT support to Facebook appeared first on Invezz.

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