Ethereum And Solana Nfts Land On Instagram

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

YEET MAGAZINE   HOME   SUBSCRIBE  

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.

>> Come and take your first steps in the crypto universe on Binance (affiliate link) <<

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.

You have the right to understand nothing about the NFT trend. On the other hand, not being interested in Bitcoin is unforgivable! Don't wait any longer to prepare for the future by registering on the Binance platform , THE absolute reference in the sector (affiliate link).