Ethereum And Solana Nfts Land On Instagram

The rumors are getting clearer. In the middle of March, Meta, the parent company of Facebook, Instagram and WhatsApp announced its desire to integrate NFTs.

By   Sophia  Ava   YEET MAGAZINE | Updated 0339 GMT (1239 HKT) May 19, 2022

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Your best NFTs in pp Insta – Meta, the parent company of Facebook, has been expressing its ambitions for the cryptocurrency ecosystem for several years now. After having aborted its stablecoin project, Meta now seems to want to set its sights on non-fungible tokens (NFTs) . Thus, Instagram would be in the process of integrating them into its social network.

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NFTS LAND ON INSTAGRAM

The rumors are getting clearer. In the middle of March, Meta, the parent company of Facebook, Instagram and WhatsApp announced its desire to integrate NFTs.

Thus, its founder Mark Zuckerberg announced the arrival of NFTs on Instagram during the “South by South West” event. However, no date had been announced at the time of this announcement.

Nevertheless, integration is reportedly underway. At least that's what our colleagues at Coindesk revealed . According to sources not revealed by the newspaper, Instagram launched a pilot program on Monday May 9, integrating NFTs . This program would be made up of a small group of US-based NFT aficionados.

Also according to Coindesk, Instagram would support NFTs from the Ethereum , Solana , Polygon and Flow blockchains . The integration should be done via the support of the main wallets such as Metamask. This addition of NFTs would allow the ecosystem to be accessible to the billion users that Instagram has.

This announcement comes a few months after the addition of NFTs by the giant Twitter . Thus, since January, it has allowed its users to display their NFTs as a profile picture. A feature since widely used by the entire crypto ecosystem.

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