News Report
July 01, 2022

Meta is experimenting with Ethereum and Polygon NFTs on Facebook 

Meta is experimenting with Ethereum and Polygon NFTs on Facebook

Meta has started testing Ethereum and Polygon NFTs as Facebook PFPs for U.S.-based creators. The company plans to allow users to connect their wallets to their profiles and include Solana and Flow NFTs in the future. 

“Rolling out more ways for creators to make money on Facebook and Instagram—and sharing updates that will help creators build for the metaverse,” Zuckerberg shared on Facebook last week. 

Meta’s Product Manager Navdeep Singh has given a preview of what NFTs would look like on the social media platform. The “Digital collectibles” tab will be available on Facebook profiles, where users can showcase their NFTs. 

Users will be able to connect their wallets to Facebook and turn their NFTs into posts, where friends and followers can react, like, and comment as per usual on Facebook. 

The feature will kick off in the U.S. since the NFT support service takes time and modifications to reach full integration. Apart from Facebook, NFT displays will also be a part of Meta’s remaining social platforms, such as WhatsApp and Instagram. 

The social media giant keeps on expanding its Web3 journey. In May, it started featuring NFTs in Instagram posts for a group of creators in selected countries. Last week, the company began testing NFTs on Instagram stories through the augmented reality platform Spark AR. NFTs posted on Instagram will automatically tag the creator and holder and will be free to post. 

In June, the company also released Crayta, a cloud-streaming game that allows players to build virtual worlds and play games on Facebook.

Read related articles:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024
Palm Network’s Governance Gala at NFTNYC Promises a Blockchain Renaissance While Making Decentralised Dreams Come True
Business News Report
Palm Network’s Governance Gala at NFTNYC Promises a Blockchain Renaissance While Making Decentralised Dreams Come True
March 29, 2024